PHOENIX, AZ – Event wagering levels skyrocketed in March, resulting in an approximate 40 percent increase in handle when compared to the February handle, according to a new report by the Arizona Department of Gaming (ADG).
“March was an exciting month for Arizona event wagering, with major sporting events like NCAA’s March Madness helping set a single month event wagering handle record,” said Ted Vogt, Director, ADG. “I look forward to seeing how the industry continues to develop as we finish out the first year of legal event wagering in the coming months.”
Event wagering operators accepted over $690 million in wagers during the month, resulting in approximately $1.7 million in privilege fees being contributed to the state.