Arizona’s Department of Gaming reported that the state took in $568.5 million in wagers for May, a 13% decrease from April.
that the state took in $568.5 million in wagers for May, a 13% decrease from April. But just because you see fewer bets, it doesn’t mean the sportsbooks suffered. Before deducting their $17.1 million in free bets, the operators announced $61 million in adjusted revenue, which is a 10.7% hold, 1% higher than April. Operators see little change in May As we get closer to the peak of the summer season, sportsbooks are offering fewer bonuses.
While free bets fell from $19.9 million to $17.1 million month over month, some operators chose an opposite path. All of those companies are at the bottom of the pack and hope to change things in the months ahead. Bally Bet, Betfred, Betway, and Superbook claimed more free bet deductions compared to April. The combined handle for all these books is roughly $6.1 million, the same amount BetRivers accepted. If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.
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