Arizona Betting Revenue Tracker & Handle Tracker: August 2026 Betting Market Handle

Our industry-leading betting analysts track the market via official state monthly reports to compile the most valuable Arizona sports betting revenue and data. This resource helps strategic bettors and industry analysts better understand how Arizona wagering trends shape the statewide market.

Follow along as we report on the monthly handle and hold for Arizona betting sites – essential data for anyone tracking sportsbook performance or market growth. We also provide detailed guides on how to interpret the data, how sports betting law works, and more.

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Arizona sports betting became legal on April 15, 2021. Gov. Doug Ducey’s successful negotiations with Arizona’s Native American tribes pushed the state’s sports gambling bill across the finish line.

This pact set the stage for online and retail sportsbooks to begin operations in the Grand Canyon State on Sept. 9, 2021.

Arizona sports betting revenue

Arizona sports betting features both online sportsbook betting and retail betting for users. The Grand Canyon State generated $7.6 billion in total sports betting handle in 2025. 

Here's an outline of Arizona's sports betting figures over the years:  

Arizona annual data

Year πŸ“… Handle πŸ’΅ Gross revenue πŸ’° Hold % (average)
2026 $3,875,388,452 $371,125,496 9.5%
2025 $7,659,321,436 $713,817,281 9.3%
2024 $7,959,647,194 $707,713,944 8.9%
2023 $6,573,800,271 $557,533,412 8.5%
2022 $6,036,844,929 $482,932,554 8.00%

Arizona 2026 monthly data

MonthπŸ“… Handle πŸ’΅ Gross revenue πŸ’° Hold % (average)
Jan $875,992,152.10 $86,514,821.35 9.8%
Feb $757,397,493.90 $62,147,750.81 8.2%
Mar $833,723,863.20 $72,499,766.96 8.6%
Apr $734,394,511.70 $82,105,303.69 11.1%
May $673,880,431.80 $67,857,853.88 10.0%

Arizona 2025 monthly data

MonthπŸ“… Handle πŸ’΅ Gross revenue πŸ’° Hold % (average)
Jan $864,246,555.62 $85,003,960.71 9.8%
Feb $699,726,799.61 $65,584,316.93 9.4%
Mar $887,363,829.77 $50,409,420.50 5.7%
Apr $746,436,864.48 $65,890,774.90 8.8%
May $707,103,198.82 $75,074,645.80 10.6%
June $542,954,635.45 $68,139,684.25 12.5%
July $463,686,016.22 $54,465,870.84 11.7%
Aug $610,663,048.52 $59,948,651.89 9.8%
Sept $851,331,638.62 $54,967,404.04 6.4%
Oct $967,141,269.08 $82,958,096.93 8.5%
Nov $958,561,016.06 $80,854,981.06 8.4%
Dec $822,101,252.13 $85,435,531.68 10.3%

Arizona 2024 monthly data

Month πŸ“… Handle πŸ’΅ Gross revenue πŸ’° Hold % (average)
Jan $706,382,861.40 $70,943,718.05 9.3%
Feb $637,485,878.87 $54,329,588.91 8.5%
Mar $759,807,633.26 $59,289,054.90 7.8%
Apr $656,322,665.79 $64,489,905.50 9.8%
May $568,493,314.61 $62,444,213.83 11.0%
June $454,116,117.11 $46,211,992.82 10.4%
July $410,140,440.35 $42,514,638.36 10.4%
Aug $496,602,561.63 $37,071,284.61 7.5%
Sept $732,099,544.18 $76,364,871.15 10.4%
Oct $791,243,693.95 $55,622,009.64 7.0%
Nov $897,635,846.78 $86,285,876.09 9.6%
Dec $849,316,635.94 $51,089,325.20 6.0%

Arizona 2023 monthly data

Month πŸ“… Handle πŸ’΅ Gross revenue πŸ’° Hold % (average)
Jan $591,220,793.69 $47,486,816.94 8.0%
Feb $609,278,096 $35,392,452 5.8%
Mar $644,763,990.55 $53,523,946.62 8.3%
Apr $535,712,027.03 $49,163,322.65 9.2%
May $451,717,025 $49,595,605 10.9%
June $393,198,857.89 $28,331,607.97 7.2%
July $323,211,485.27 $35,343,494.78 10.9%
Aug $358,875,474.29 $31,681,151.15 8.8%
Sept $610,716,285.10 $60,115,066.43 9.8%
Oct $648,208,573.06 $56,868,980.77 8.8%
Nov $713,586,703.92 $42,333,281.89 5.9%
Dec $693,310,960 $67,697,686 9.8%

Arizona 2022 monthly data

Month πŸ“… Handle πŸ’΅ Gross revenue πŸ’° Hold % (average)
Jan $563,694,591.18 $41,890,200.20 7.40%
Feb $491,665,553.76 $25,629,834.77 5.20%
Mar $690,979,294.05 $38,898,393.33 5.60%
Apr $512,877,847.67 $30,441,991.88 5.90%
May $461,450,688.26 $56,193,285.87 12.20%
Jun $318,774,198.34 $12,601,356.09 4.00%
Jul $290,511,532.54 $22,684,581.19 7.80%
Aug $361,008,835.14 $37,161,758.62 10.30%
Sep $537,966,148.61 $56,428,816.44 10.50%
Oct $618,570,296.06 $49,392,417.22 8.00%
Nov $616,855,044.82 $56,028,194.71 9.10%
Dec $572,490,899.09 $55,581,724.65 9.70%

Arizona betting at a glance

  • Launch date: September 2021
  • Regulator: Arizona Department of Gaming (ADG)
  • Latest reported month: September 2025
  • Lifetime handle: $28,418,875,478
  • Lifetime revenue: $2,492,063,918
  • Last updated: December 14, 2025

Note: Arizona sports betting revenue is reported on a monthly basis. Figures reflect combined online and retail wagering unless otherwise specified by the regulator.

About betting revenue in Arizona

Arizona legalized sports betting in April 2021, with wagering officially launching in September of that year. Arizona betting sites comprise both online and retail sportsbooks, operating under a model that includes professional sports teams, tribal casinos, and commercial operators.

Each month, the Arizona Department of Gaming publishes official data detailing statewide handle and revenue. These reports form the basis of the figures presented on this page.

Because reporting practices and tax structures vary by state, Arizona’s numbers are best evaluated in the context of its own regulatory framework rather than through direct comparison alone.

How to read revenue numbers

  • Handle represents the total amount wagered by bettors during the month.
  • Revenue reflects sportsbook winnings after payouts, before expenses.
  • Hold is calculated as revenue divided by handle, expressed as a percentage.

Monthly revenue can fluctuate significantly due to seasonality, betting mix, and the outcomes of major sporting events.

Arizona sports teams to bet on

Arizona had a professional sports team for every major league in North America, until the NHL's Coyotes left town to head to Utah. Sports allegiances in the Grand Canyon State run deep but — whether you're a supporter of the Phoenix Suns or Phoenix Mercury it's important to put your fandom aside when placing sports bets in Arizona. Always do your research before placing a wager on any team in any league, including yearly events like March Madness. Ensure you use the best March Madness betting sites in 2026 when wagering on Arizona-state teams throughout the NCAA tournament.

Check out our how to bet guides for basic tips and advanced strategies.

NBA
Phoenix Suns
NFL
Arizona Cardinals
MLB
Arizona Diamondbacks

Arizona betting law

Online and retail sports betting arrived in Arizona on Sept. 9, 2021, thanks to HB 2772 and an amended tribal gaming compact. 

Here are some highlights of the legal Arizona sports wagering landscape:

  • The Arizona Department of Gaming regulates all online and retail sports betting in Arizona.

  • You must be 21 or older to bet on sports in Arizona.

  • 13 legal online sportsbooks do business in AZ.

  • Retail sports betting revenue is taxed at a rate of 8%, while online revenue is taxed at 10%.

  • Betting on politics, esports, celebrity awards shows, or amateur athletes under the age of 18 is illegal in AZ.

  • College sports betting (in-state included) is permitted in Arizona.

Covers and credibility

We have had our finger on the pulse of the sports betting industry for more than 25 years. The sports betting revenue figures and statistics found here have been personally reviewed, verified, and fact-checked to ensure their validity.

News outlets turn to Covers for our earned reputation as a trusted and authoritative source of sports betting information. These are among the notable publications and media outlets that have referenced Covers.com and our industry experts.

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More industry resources

As states continue to authorize legal sports betting — now 38 states plus DC,  consult these informational websites for additional information on the sports betting industry:

U.S. Sports Betting Revenue Tracker

Monthly Sports Betting Revenue by State: Arizona | Arkansas | Colorado | Connecticut | DC | Illinois | Indiana | Iowa | Kansas | Kentucky | Louisiana | Maine | Maryland | Massachusetts | Michigan | Missouri | Nevada | New Hampshire | New Jersey | New York | North Carolina | Ohio | Oregon | Pennsylvania | Rhode Island | Tennessee | Vermont | Virginia | West Virginia | Wyoming

Betting revenue tracker FAQ

Which sports generate the most sports betting revenue?

The sports that generate the most sports betting revenue can vary depending on factors such as the sport's popularity, the betting market's size, and the timing and frequency of significant events. Football stands as the most popular sport for betting in the United States, with the NFL generating the highest revenue. The Super Bowl alone is one of the world's most-watched and bet-on sporting events. Basketball is also a popular sport for betting, particularly in the United States where the NBA lays claim to the top basketball league in the world.

How does sports betting revenue compare to other industries?

Sports betting revenue varies greatly depending on the region, market, and size of the industry. However, in many jurisdictions, sports betting can generate significant revenue and contribute to the overall economy. Compared to other industries, sports betting revenue may not be as significant. For example, in 2020, the global video game industry was estimated to generate over $159 billion in revenue. Meanwhile, the global film industry was estimated to generate over $100 billion in revenue in 2020.

What are the factors that affect sports betting revenue?

The popularity of select sports events cannot be overlooked, with the Super Bowl and World Cup among the largest betting events in the globe. Betting odds and lines also greatly impact the amount of revenue generated by sports betting. Other factors include technological advancements, including the live streaming of events.

What is the future of sports betting revenue?

The future of sports betting revenue hinges on additional markets legalizing sports betting, via mobile betting, land-based, or a combination of both. An uptick in legal U.S. markets will trigger increased revenues, while new bet trends including same game parlays and in-game wagering, unlocks more opportunities for customers.

How has online sports betting impacted sports betting revenue?

Online sports betting has significantly impacted sports betting revenue, notably in states where it is legal and regulated. The rise of online sports betting has facilitated the customer experience, allowing people to place bets remotely or in-person from the event itself, leading to increased revenue for sportsbooks. Betting site operators can also reach a much larger audience and customer-base. Overall customer convenience plays a large part in driving up sports betting revenue.

What is the difference between gross revenue and net revenue in sports betting?

Gross revenue represents the total amount of money a sportsbook takes in from all customer bets, and it includes the total value of all bets placed, regardless of whether the bets won or lost. In other words, gross revenue is the total amount of money a sportsbook earns from its customers. Net revenue, conversely, is the amount of money a sportsbook earns after deducting all its operating expenses. This includes things like salaries, rent, marketing expenses, and other costs associated with running the sportsbook. Net revenue is the profit a sportsbook makes from its operations.

What impact do major sports events like the Super Bowl have on sports betting revenue?

Major sports events including the Super Bowl and World Cup have a significant impact on sports betting revenue. These events garner a lot of attention from fans, which leads to increased betting activity and higher revenue for sportsbooks. The Super Bowl alone is the largest single-day betting event on the sporting calendar, which generates millions of dollars in revenue for sportsbooks.