Event wagering levels skyrocketed in March, resulting in an approximate 40% increase in handle when compared to the February handle, according to a new report by the Arizona Department of Gaming.
“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. You can view the full reports on the ADG website: LINK.
Established by the Arizona State Legislature in 1995, ADG is the state regulatory agency for tribal gaming, racing and pari-mutuel/simulcast wagering, event wagering/fantasy sports and unarmed combat sports. ADG also provides and supports education, prevention and treatment programs for people and families affected by problem gambling through its Division of Problem Gambling and 24-hour confidential helpline, 1-800-NEXT-STEP.
