Arizona sports betting handle down again in May
| By Robert Fletcher
Player spending on sports betting in Arizona fell again in May, while revenue also declined month-on-month.
Monthly handle in Arizona amounted to $451.7m, down 2.1% from May of 2022 and 17.7% lower than April this year.
Consumers wagered $446.9m online and a further $3.9m at retail sportsbooks in the state.
Player winnings for the month amounted to $398.2m, resulting in $48.6m in adjusted gross event wagering revenue before free bets. This was 12.0% down on last year but marginally higher than April’s total.