Sportsbook operators in Arizona put the final touches on a historic month in terms of the pummeling of bettors across the United States, as the state’s Department of Gaming reported Wednesday a May hold just shy of 11% that resulted in $49.5 million in gross revenue.
To say the collective American house ran roughshod over customers in May is an understatement. Twenty-six of the 29 states that conducted commercial sports betting posted double-digit win rates in May, with only Nevada (5.7%) and South Dakota (4.3%) failing to reach the industry standard of 7%. While Arizona’s hold for May ranked second in 21 months of wagering in the Grand Canyon State, it ranked 21st nationally for the month.
