Arizona reported $323.2 million in sports betting handle in July, a nearly 18% decline compared to June and a new low in 2023.
July is the dullest time for bettors and Arizona’sg market felt the pinch, but thanks to poor luck by Arizona bettors, the operators increased their revenue.
Arizona’s Department of Gaming announced a July handle of $323.2 million — a nearly 18% decline compared to the $393 million from June — and a new low point in 2023.kept $34.5 million, before deductions. The 10.6% hold was well above June’s 7%.Arizona sports betting revenue and the state’s tax bill saw month-over-month increases. After over $7 million in free bet deductions, operators reported $26.8 million in adjusted revenue. From that revenue, the state made $2.6 million in taxes, well above June’s $1.6 million.
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