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id you know Arizona's online and retail sportsbooks officially stretched their unprecedented start into a third month with nearly $470 million in wagers and more than $50 million in gross gaming revenue in November? By doing so, Arizona became the quickest to reach $1 billion in wagering after launch. Arizona online and retail sportsbooks attracted $466.7 million in wagers in November, down 4.0% from the $486.1 million in bets generated in October, according to official data released by the Arizona Department of Gaming (ADG). A modest drop from October, which had five full weekends of NFL and college football games, follows national trends. Average betting volume remained high as the state's sportsbooks averaged $15.6 million in wagers per day in November, down slightly from $15.7 million in wagers per day in October.
20 Arizona Gaming Guide | March 2022 | azgamingguide.com
Arizona's operators added to what was a record-shattering $723.7 million win for U.S. sportsbooks in November. Sportsbooks in the Grand Canyon state won $51.4 million in gross revenue, which was up from $37.5 million in October. After $18.4 million in promotional credits, the state taxed $31.9 million in gross event wagering receipts. That produced $3.2 million in privilege fees for the state. Arizona has now shattered nearly every U.S. revenue record for a state through its first three months, even if those records will be short-lived following New York's launch in January. Still, through three months, Arizona's sportsbooks have generated:
• $1.2
billion in wagering, making Arizona the quickest to $1 billion in U.S. history.
• $121.2 million in gross revenue, easily the most of any state