Arizona gamblers wager $5.4B, state makes $21M in first full year of legal sports betting

Arizona gamblers wager $5.4B, state makes $21M in first full year of legal sports betting

Article brief provided by KTAR Radio
  • Kevin Stone, KTAR Radio
October 20, 2022 6:52 PM
  • Kevin Stone, KTAR Radio

Gamblers in Arizona wagered about $5.4 billion on events in the state’s first full year of legal sports betting, generating over $21 million in privilege fees, according to gaming reports.

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Event wagering has been legal in Arizona since September 2021. The Arizona Department of Gaming released its monthly revenue report for August 2022 on Thursday, giving a full year of data for the first time.

State Gaming Director Ted Vogt called it a “strong start for the state’s new sports betting industry.”

The August report showed $361 million in bets, with $2.77 million going into the state coffers. It was third-highest fee amount of the 12-month period, behind $4.1 million in May 2022 and $3.2 million in November 2021.