Arizona, Nevada’s closest geographic competitor for legal sports wagering, may be gunning for the Silver State after a record sports handle was recorded there in March.
Buoyed by hosting the NCAA Tournament’s Final Four this year, the Arizona Department of Gaming reported last week that the state’s 16 vendors took $760 million in wagers, an all-time high for the state, which has had legal sports betting only since September 2021. That total was up 17.8 percent from March 2023.
Nevada, which is no slouch for March Madness betting, took $784.4 million in wagers at 180 licensed sportsbooks, down 5.5 percent from a year ago.
Another key difference between Nevada and Arizona is that around two-thirds of sports bets in Nevada are made through mobile apps.
