Sportsbooks in Arizona Report Continuous Growth in Sports Betting Market
In the latest news in the sports betting industry, we are taking a look at the Arizona sports betting market as sportsbooks in Arizona report growth in the betting market. According to the Arizona Department of Gaming, the total sports betting handle in the state is at $648 million for October. This is quite the interesting figure since we are seeing a 4.8% from the same period last year.
This means that putting us your sportsbook with that bookie pay per head provider is the proper thing to do, especially if you want to get a share in the demand for sports betting products throughout the country. Look at Arizona, for instance. Their numbers continue to grow since the market launched, and it continues to indicate that things will continue in that direction for years to come.
Sportsbooks in Arizona See Good Numbers in October
Typically, October is a good month for sports betting since you have an active sports calendar with both major professional sports leagues and college sports league starting or enjoying the playoffs. You can track your own sportsbookâs performance with your sportsbook pay per head software to compare it, but the trend should be similar.
Bettors in Arizona also did quite well, collecting $591 million in winnings for the month. Gross revenues are at $55.5 million. Majority of the wagers came in through online sportsbooks. With the MLB in the postseason, the NFL and NCAA football in its second month, plus the NBA starting, the wagers from all of these leagues are enough to boost the handle to bring the handle north of half a billion.
Given the popularity of online wagering, not just in Arizona, but across the country, becoming a bookie is quite the lucrative business. And with the technology we have today, it is very easy to offer sports betting services at par with some of the largest companies- at a fraction of the cost. These sportsbook software reviews can help give you a better idea. But if you want to earn from sports betting, owning a sportsbook is the way to go.
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