POSITION:Betting Information > News > Arizona sportsbooks post record $70.9 million in revenue for January
Arizona sportsbooks post record $70.9 million in revenue for January
- Updated:2024-03-21 15:51 Views:203
The Arizona Department of Gaming reported a monthly all-time high of $70.9 million in gross sports betting revenue before any deductions were applied for January, the second consecutive month in which operators in the Grand Canyon State had a record haul.
Story continues belowThe revenue figure was 4.8% higher than the short-lived record of $67.7 million established in December and an increase of 49.4% compared to January 2023. Gross revenue after the federal excise tax was $69.3 million, and the state was eligible to tax $46.2 million in adjusted gross revenue following promotional deductions. That totaled $23.2 million.
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