As November sports betting revenue reports roll in, the gaming world is still waiting for any kind of Arizona sports betting revenue information.
The Arizona Department of Gaming missed its Nov. 29 release date and there is no indication when the report will be out. The October sports betting revenue report is supposed to be released Dec. 27, according to a timeline sent out by the ADG earlier this fall.
“It comes down to the fact that this is a new industry for the state,” ADG Spokesperson Maxwell Hartgraves wrote in an email to LSR this week. “Not only for us, but for operators as well. That said, we want to ensure all is good to go so there are not any issues down the line.”
Fellow sports betting launch reports out quickly
Wyoming recorded $6.2 million in mobile bets during its first month, while retail sportsbooks at casinos in Deadwood, SD handled $443,365.
Big state, no problem
While the other states that launched this fall are generally smaller than Arizona, other significant markets filed their reports fairly quickly.
After mobile launches in late January 2021, both Michigan and Virginia regulators released their initial revenue reports in February and March. Michigan surpassed $150 million in January, but it technically was not the first month since retail sports betting began in March 2020.
Highly anticipated Arizona numbers
Prior to the Arizona launch, the market generated high expectations with its large growing metropolis of Phoenix, complete with most major sports teams and events.
Early data supported the expectations, with GeoComply reporting the state recorded 10% of legal US sports betting transactions through the first week of the NFL season. GeoComply data for the first four weeks of the season backed up its initial report.
Even without seeing the report, it is not crazy to assume Arizona shattered the handle record for sports betting action in a launch month. The standing record is Tennessee sport betting’s November 2020 launch, which posted $131.4 million in bets.
Arizona sports betting figures growing?
October will be the first full month of sports betting figures for Arizona, whenever that report comes out. If it follows a national trend, the maturing market will quickly set a new record, like many of the other legal US sports betting jurisdictions.
Additionally, several new sportsbooks debuted in Arizona since the September launch. BetRivers was approved as the ninth AZ sportsbook, while Superbook received approval from the ADG this month.