The Arizona Department of Gaming reported sports wagering handle totaling $644.8 million for March, the state’s second-highest total in 19 months of legal wagering.
The amount trails only the $691 million generated in March 2022, though this year’s total marked the fifth time Arizona sportsbooks have handled at least $600 million worth of accepted bets. Handle was up 5.8% compared to February, when Glendale hosting Super Bowl LVII helped nudge the total to over $609 million.
Total gross revenue before any deductions totaled $53.5 million, with the adjusted gross revenue prior to deductions coming to nearly $53 million. Adjusted revenue after promotional credits were deducted and negative AGR was zeroed out resulted in $37.1 million being eligible for tax purposes, with the state claiming close to $3.7 million in privilege fees.