The second month of the year saw a sizable decline in Arizona sports betting revenues, with a handle of $491.6 million and $6.8 million in gross wagering receipts.

The former represents a 12.8% decrease from January’s record-breaking handle of $563.695 million, while February’s revenue figure decreased by more than 60% from January’s total of $19.622 million.

Ted Vogt, the Arizona Department of Gaming’s director, said in a department press release that February’s totals, while lower than January’s, still show how strong the market is.

“Event wagering levels continue to indicate a strong market in Arizona,” Vogt said in the press release. “While there was a small decline in wagering activity, the state maintained a strong national presence in a traditionally slower month of sports wagering.” 

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Arizona Sports Betting, February vs. January

	Total Handle	Mobile Handle	Revenue
February	$491.666M	$488.311M	$6.867M
January	$563.695M	$558.695M	$19.622M
Change	Down 12.8%	Down 12.6%	Down 65.0%

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FanDuel Takes No. 1 Spot in February

For the first time since September, an operator besides DraftKings Sportsbook Arizona took the No. 1 spot in terms of wagers handled.

FanDuel Sportsbook Arizona managed to one-up their digital sports betting rivals, raking in $142.445 million in handle during February, while DraftKings Sportsbook Arizona took in $131.653 million.

In total, DraftKings Sportsbook Arizona has now brought in $864.616 million in wagers since launching Sept. 9, which ranks No. 1 overall — ahead of FanDuel Sportsbook, which has seen $707.959 million in handle since September’s launch.

In February, the No. 3 operator was BetMGM Arizona, which saw $99.840 million in handle, followed by Caesars Sportsbook Arizona ($78.443 million), Barstool Sports ($17.916 million), WynnBET Arizona ($8.845 million), Rush Street Interactive ($4.570 million), and TwinSpires Arizona ($1.205 million).

The other operators were all below $1 million in handle, including Fubo Sportsbook ($895,231.94), and Unibet Arizona ($810,458.50).

In terms of retail sportsbook wagering, FanDuel Sportsbook’s Footprint Center location led the way at $2.774 million, followed by Caesars Sportsbook Arizona ($580,125.65). Caesars is expected to soon open its permanent location at Chase Field.

Arizona sports betting operators paid a total of $604,825.17 in taxes during the month of February, down 64.4% from January’s haul of $1.7 million.

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Where Arizona’s February Sports Betting Ranks Nationally

Arizona’s February sports betting haul ranks sixth nationally, between Pennsylvania ($597 million) and Colorado ($440.5 million).

The Grand Canyon State finished February ahead of Michigan ($423.7 million), Indiana ($409.1 million) and Virginia ($401.8 million), but behind New York ($1.5 billion), New Jersey ($985.5 million), Nevada ($780.7 million), Illinois ($679.3 million), and Pennsylvania ($597 million).

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