Arizona sports betting operators had a good month in September, according to the latest figures released by the Arizona Department of Gaming (ADG). The regulator said that handle – the total amount wagered – reached nearly $540 million during the month, up significantly from August’s tally.
Arizona Sports Betting Report for September
The September report released by the Arizona Department of Gaming revealed that sports betting activity in Arizona displayed an impressive YoY growth compared to September 2021 results. When taking a breakdown of the data, $537,966,149 was bet in total for September 2022, with a substantial sum of $533.3 million wagered through AZ online sportsbooks.
In comparison to this figure, only $4,025,401 was made through the retail sector – highlighting the shift from physical retail spaces to online technology when it comes to placing bets. The overall betting handle posted for September 2021 represented a notable year-over-year surge of 84.7%, indicating an increasing interest in sports gaming within the region.
Arizona’s sports betting revenue in September kicked into high gear, with collected taxes totaling an impressive $3,058,838. A closer look at these numbers suggests that mobile betting is proving to be the biggest source of income when it comes to sports gambling taxes — a 10% tax on this activity contributed to the total of $3,007,155. On the other hand, retail betting activities also yielded a notable return: with an 8% tax rate applied to them, they accounted for $41,816 of the overall figure.
Can AZ Smash its Previous Record?
Despite the massive $245 million increase in Arizona sports betting handle in September, it still didn’t manage to reach the heights it achieved in March – $691 million. When compared month-over-month, it’s clear that Arizona saw considerable growth in bets placed in September when compared to August numbers; with handle figures dropping from $564 million to $360 million between those two months.
An interesting detail is that although September bettors far outpaced those in August, the amount of taxes collected stood at nearly the same amount – $2.8 million in September. Ultimately, these figures demonstrate an impressive swell of interest within the state’s sports betting operations.
As per ADG DirectorTed Vogt:
“September was a strong month for Arizona sports betting, with the state seeing over $245 million more in wagers when compared to the same month of 2021.“
“I am excited to see how the industry progresses through the winter months, which generally has the most popular sports for wagering in the United States,” he continued.