14/06/2023 Arizona sports betting revenue up despite handle fall in March Home > Sports betting > Arizona sports betting revenue up despite handle fall in March Consumer spending on sports betting in Arizona fell 6.7% year-on-year in March, though the state was able to report a rise in revenue. Wagering handle for the month was $644.8m, down from $691.0m in March 2022 but 5.8% higher than $609.3m in February of this year. Players bet $639.9m online and $4.1m at retail sportsbooks across the state. Bettors won a total of $591.2m during March, while adjusted gross event wagering revenue before free bets was $53.4m. This was 43.6% ahead of $37.2m last year and also 57.1% more than $34.0m in February this year. Of total revenue, $53.0m was attributed to online wagering, while the remaining $318,760 came from retail betting. Read the full story on iGB North America. Source: Read Full Article
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