Arizona passes $1 billion in total event wagering in third month of operation

Jan 26, 2022, 11:00 AM

(AP Photo/Susan Haigh, File)...

(AP Photo/Susan Haigh, File)

(AP Photo/Susan Haigh, File)

PHOENIX — It took Arizona just three months to clear $1 billion in total event wagering, according to a report released Tuesday from the state’s gaming department.

Gamblers in the state wagered about $466 million on events and fantasy sports in November, bringing the total to $1.2 billion since operations began Sept. 9 and without reports for December or January.

Arizona also got a nice bump for its general fund in taxes after a slow start in the first two months, collecting about $3.2 million.

“Revenue from these new games is strong and will only get stronger as the market develops,” Ted Vogt, gaming director, said in a press release.

The state received $1.3 million in taxes from betting operation earnings, which are taxed at 10%, in September and October.

“Arizona has exceeded expectations and is already a top ten market nationally,” Vogt said.

DraftKings and FanDuel remained the most popular betting apps, taking in $148 million and $113 million in wagers, respectively.

Free bets continued to decrease, with $18.3 million handed out in November.

There were $31 million free bets in Arizona in September and another $26 million in October.

The credits for those free bets, which are designed to lure people to the online and retail sports books, phase out over several years.

They start at 20% of gross receipts in the first two years then drop to 15% and then 10% before ending in the sixth year.

The Associated Press contributed to this report.

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News


Weekend wrap-up: Here are the biggest Arizona stories from Dec. 1-3

Here are some of the biggest stories that headlined the Arizona news over the weekend, including weather impacts across the state and more.

60 minutes ago

Phoenix police...

3 arrested for brutal murder near North Mountain in Phoenix

The Phoenix Police Department made three arrests on Saturday for a murder which happened on Nov. 26 near 7th Avenue and Cinnabar Avenue.

4 hours ago

Renovations of Wildflower Tempe ahead of its grand reopening. (Adler Public Relations photo)...

Tom Kuebel

Wildflower debuts renovations for grand reopening in Tempe

The Wildflower restaurant hosted its grand reopening after making several renovations to its location in Tempe.

7 hours ago

(KTAR News/Peter Samore)...

Casa Grande man sentenced for smuggling meth through San Luis Port of Entry

A man from Casa Grande was sentenced to 10 years in prison for attempting to smuggle more than 30 pounds of meth through the San Luis Port of Entry.

9 hours ago

Emma Stone receives a 5-timers robe from SNL veterans Tina Fey and Candice Bergen. (YouTube screens...

Arizona-native Emma Stone hosts SNL for 5th time, joining exclusive club

Arizona native Emma Stone was joined by Tina Fey and Candice Bergen who welcomed her to the illustrious five-timers club for hosting Saturday Night Live.

11 hours ago

Fountain Hills native Nicholas Hambruch was announced as lead for the new "Shrek the Musical" comin...

David Veenstra

Valley native cast as lead of new touring version of ‘Shrek’ musical

An all-new version of "Shrek the Musical" with Fountain Hills native Nicholas Hambruch starring as Shrek is coming to Phoenix in March.

14 hours ago

Sponsored Articles

Follow @KTAR923...

The best ways to honor our heroes on Veterans Day and give back to the community

Veterans Day is fast approaching and there's no better way to support our veterans than to donate to the Military Assistance Mission.


Desert Institute for Spine Care

Desert Institute for Spine Care (DISC) wants to help Valley residents address back, neck issues through awake spine surgery

As the weather begins to change, those with back issues can no longer rely on the dry heat to aid their backs. That's where DISC comes in.



Key dates for Arizona sports fans to look forward to this fall

Fall brings new beginnings in different ways for Arizona’s professional sports teams like the Cardinals and Coyotes.

Arizona passes $1 billion in total event wagering in third month of operation