This October, FanDuel surpassed DraftKings in Arizona.

In Arizona DraftKings had an early lead over FanDuel in football season but by October, both accepted $220 million in bets. This made up almost 69% of the state $641 million combined handle.

While Arizona sportsbooks generated $55 million in revenue after deducting promotional spending, taxable revenue was $32.4 million.

DraftKings and FanDuel led in promotional credit, while BetMGM, Caesarsand Barstool Sportsbook also played significant roles.

 

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It is interesting to note the shift in the Arizona sports betting market between DraftKings and FanDuel. Despite an early lead by DraftKings during the football season, it seems that by October both platforms were able to accept a substantial amount of bets, totaling $220 million. This amount accounted for nearly 69% of the overall combined handle, which amounted to $641 million. This indicates the dominance and popularity of both platforms in the state.

In terms of revenue, the Arizona sportsbooks generated $55 million, having deducted promotional spending. However, when considering only taxable revenue, the figure stood at $32.4 million. This highlights the impact of promotional credit, with both DraftKings and FanDuel leading the way in this regard. It is worth mentioning that other operators such as BetMGM, Caesars, and Barstool Sportsbook also played significant roles in the competitive Arizona market.

Overall, it is evident that DraftKings and FanDuel have emerged as key players in the Arizona sports betting landscape, capturing the attention and wagers of a considerable number of bettors. With the continuous growth and popularity of online sports betting, it will be interesting to see how this competition between various sportsbooks unfolds in the future.