Ads promoting sports gambling are more common and contribute to a surge in gambling among teens and young adults, experts say. (Photo by Spencer Barnes/Cronkite News) PHOENIX – When Marc Lefkowitz was in his 20s, he struggled with a gambling problem. Now, after nearly 40 years of abstaining from gambling, he hopes to help today’s...
Tag: Arizona
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Arizona sports betting market up YoY, but down against June
Arizona endured a somewhat mixed month in July as both handle and revenue were higher year-on-year in the Grand Canyon State, but the market shrank month-on-month. Players wagered $410.1m (£313.7m/€376.6m). This is up against $323.2m July last year but down against $454.1m June this year. Of the July handle, $404.8m was spent betting online and...
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Arizona sports betting poised for another record NFL season in 2024
Arizona sports fans embrace online and in-person betting as NFL games return, fueling a projected $35 billion in national wagers this season. (Photo by Spencer Barnes/Cronkite News) PHOENIX – When the calendar turns to September, sports fans in the Valley know that means only one thing: Football is back. College football season is in full...
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Arizona sportsbooks see 13.5% handle increase over last June; 20% decrease against May
Bettors in Arizona wagered $454m (£345.8m/€410.5m) in June, the latest month of revenue reporting available, according to a Friday (30 August) Arizona Department of Gaming (ADG) press release. That number beat the same month in 2023 by $60.8m or 13.5%. But it was down 20% from $568.4m in May. Gross gaming revenue for Arizona sportsbooks...
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Legal sports betting boom: A new era for college students and athletes
The Caesars Sportsbook sign at Guy Fieri’s DTPHX Kitchen + Bar represents a new normal in Arizona, where legalized sports betting is a daily activity for fans, including ASU students. (Photo by Grace Hand/Cronkite News) PHOENIX – When looking for a best bet, the data never lies. Since legalization in 2021, sports gambling has surged...
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Betfred Launches $75 Fred Bet Promo for New Arizona Users with $25 Parlay Bet
This new offer is grabbing attention far and wide, and it’s easy to see why. Arizona sports fans have a lot to gain from this deal. If you place a simple $25 bet on a parlay with three or more legs, Betfred will reward you with a $75 Fred Bet. It’s that simple. There are...
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Sporttrade, Plannatech awarded Arizona event wagering licences
The Arizona Department of Gaming (ADoG) Friday (2 August) awarded two tribal-tethered event wagering licences. Sporttrade, currently live in Iowa, New Jersey and Colorado, and UK-based Plannatech are now approved to offer digital betting. Both companies will be tethered to tribes. Sporttrade will partner with the Quechan Indian Tribe of the Fort Yuma Indian Reservation...
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Arizona reports yearly sports betting revenue and handle growth in May
Sports betting revenue and handle in Arizona increased year-on-year during May as FanDuel remained the state’s leading operator by some distance. Total spending on sports betting in May hit $568.5m (£441.3m/€523.8m)., according the Arizona Department of Gaming report. This is 25.9% more than in Arizona last May, but 13.4% behind April’s total this year. Of all wagers placed...
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Arizona Sports Betting Tops Nevada: April Betting Surge
In a surprise twist, Arizona sports betting tops Nevada in the numbers released for this past April as the Grand Canyon State collected a $656.3 million handle compared to just $569.3 million for Nevada. Overall, Nevada is still the bigger sports betting market than Arizona but recent trends are certainly indicating that things are shifting...
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Arizona posts year-on-year sports betting growth in April
Higher spending on sports betting led to a 26.1% year-on-year rise in adjusted gross revenue (AGR) in Arizona, while the Grand Canyon State also reported a month-on-month increase in revenue. Starting with handle, total spend in Arizona on April hit $656.3m (£516.9m/€611.6m). This is 22.5% higher than last year but 13.6% behind $759.8m in March this year. Arizona...
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Arizona Dept. of Gaming opens new event wagering application window
The Arizona Department of Gaming (ADG) will accept event wagering applications July 8-19, the agency announced Friday (7 June). The application window will close at 5 p.m. local time on the 19th. There are 17 operators currently live in the state, and state law allows for up to 20 digital platforms. The ADG will consider...
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Sports betting in Arizona and the nation shows no signs of slowing down
Sports betting has transitioned from an illegal niche activity to an integral part of the modern live sports experience, generating billions in revenue across the United States. (File photo by Michael DeStasio/Cronkite News) PHOENIX – As Tuesday marked the sixth anniversary of sports betting legalization in America due to the landmark 2018 Supreme Court decision...