Arizona Sports Betting Handle Drops in June but Revenue Still Climbs Year on Year

Arizona sportsbooks saw their slowest month since last summer, but the state’s June figures still showed strong year-on-year growth in both handle and revenue.

Good to know

• Arizona reported $543 million in June handle, down 23% from May but nearly 20% higher than June 2024.
• FanDuel led all operators with $18 million in revenue and a 10.14% hold.
• Sportsbooks paid $5 million in taxes, almost entirely from online betting.

According to the Arizona Department of Gaming, bettors in the state wagered $543 million in June. While that was a steep drop from May’s $707.1 million, it represented a 19.6% increase over the same month last year.

Online betting continued to dominate, generating $540 million of the total, with retail contributing just $2.6 million. Players won back $478.8 million, leaving $67.3 million in adjusted gross receipts. After deducting $16.8 million in promotions and free bets, operators reported $50.5 million in net adjusted receipts. That figure was up 59.8% year-on-year and only slightly lower than May’s total.

The hold percentage — the share of wagers retained by sportsbooks — landed at 9.29% statewide for the month.

Here are the top 5 earners for the month:

1. FanDuel, part of Flutter Entertainment, once again topped the market. It handled $177.6 million and posted $18 million in post-promotion revenue for a 10.14% hold.
2. DraftKings came in second, reporting $14.6 million in receipts from $158.5 million in wagers, good for a 9.21% hold.
3. BetMGM ranked third, collecting $5.9 million in revenue on a $54.8 million handle with a 10.77% hold.
4. ESPN Bet followed closely, recording $4 million on $28.3 million in wagers — the highest margin among the leaders with a 14.13% hold.
5. Fanatics rounded out the top five, bringing in $2.9 million from a $44.5 million handle at a 6.52% hold.

Operators combined to pay $5 million in taxes to the state. Nearly all of it — $4.93 million — came from online sports betting, with retail contributing just $70,549.