The leading Arizona Sportsbooks in 2025: Top sports betting revenues in the Grand Canyon State

Arizona has one of the hottest sports betting markets in the United States. The Grand Canyon State made sports wagering legal back in 2021; since then, the industry has grown significantly. In March 2025, the Arizona Department of Gaming reported an overall (both retail and mobile) handle of $887.364M, with revenue figures coming in at $25.033M.

Although revenue numbers decreased compared to the previous month, the overall handle increased by 26.8%. This means AZ gamblers are placing more wagers than before. As such, it's no surprise that brands licensed in this state are looking for ways to boost their market share.

In this guide, we'll take you through sportsbooks that aren't just popular in Arizona but are topping the revenue charts in 2025.

Top 4 revenue-topping sportsbooks in Arizona

At the time of writing, there are 14 sportsbooks in operation in the Grand Canyon State. However, only a select few have separated themselves from the competition in terms of handle and revenue.

The figures we'll be using are from the Arizona Department of Gaming's Event Wagering Revenue Report from the 1st to the 31st of March 2025. It's the most recent report from the governing body that provides insight into what sportsbooks have been leading the charge in retail and mobile betting in recent months.

FanDuel Sportsbook 

FanDuel comes in #1 when it comes to sports betting revenues. In addition to its land-based locations in Arizona, FanDuel boasts a substantial online presence. They've become the go-to for most players due to their competitive odds and amazing bonuses during popular sporting events.

• Revenue (AGWR): $18,301,270.63
• Wagering Handle: $254,142,476.29

DraftKings Sportsbook

Despite having a wagering handle that beats what you'd find at FanDuel, DraftKings comes in close second in the revenue table. This sports betting brand has made a name for itself in the Arizona wagering scene with dynamic betting markets and a well-stocked fantasy sports segment. The site also integrates time-limited bonuses that effectively attract new bettors and keep existing ones immersed.

• Revenue (AGWR): $15,254,276.94
• Wagering Handle: $314,157,415.17

BetMGM Sportsbook

BetMGM is one of the most trusted gambling brands in Arizona. Besides offering retail and mobile wagering, BetMGM stands out with a lucrative welcome bonus and a truckload of betting markets. As such, it's no surprise it ranks third on this list, showcasing the top sportsbooks for revenues and wagering handles.

• Revenue (AGWR): $4,812,473.03
• Wagering Handle: $109,933,258.91

Caesars Sportsbook

Caesars Sportsbook isn't just one of Arizona's leading four betting platforms in terms of revenue and wagering handle. It's also a top gambling company and one of Sportytrader's top-rated places to bet. Caesars has garnered a massive following in Arizona for hosting diverse risk-free bet promotions and loyalty rewards.

Agreed, it still falls behind the top three in total revenue and wagering handle figures. Nonetheless, Caesars' focus on a streamlined user experience might see it take some steps up the ladder before the year ends.

• Revenue (AGWR): $2,439,112.26 (retail and mobile)
• Wagering Handle: $49,188,768.01 (retail and mobile)

The Arizona sports betting market is growing at a rapid rate

Several factors contribute to the speedy growth of the AZ sports betting industry. The first lies in the state's multifaceted and loyal fan base for franchises positioned in different American sports. This leads to fans constantly placing wagers backing their favorite teams.

Secondly, Arizona's regulations on sports betting don't stifle innovation. As such, an increasing number of brands within AZ have gone ahead to create bonuses, bets, and mobile solutions that streamline the betting experience.

Another reason why sports betting activities are becoming red-hot in the Grand Canyon State is mobile betting. All legitimate sportsbook brands within AZ have mobile-optimized sites and applications. It's easy to place bets 24/7 from the comfort of your home or even while on the go.

How will the industry shape up in the second half of 2025?

The four brands we've mentioned are currently dominating the market in terms of revenue and wagering handles. This is no surprise, as they've got a solid and loyal clientele.

However, surprises can spring up in the second half of 2025. Mobile-only operators such as Fanatics, ESPN, BET, and bet365 could shake things up with their innovative features and mind-blowing promotions.

The sports betting scene in Arizona is rife with competition, but FanDuel, DraftKings, BetMGM, and Caesars have emerged as market leaders with the highest revenue and handle numbers. For these four brands, this success is well deserved. Their retail and online offerings are top-notch. Operators chasing behind will have a difficult time making significant inroads into their market share.