Arizona Sports Betting Market Gets First NFL Stadium Sportsbook

Summarized by: Live Sports Direct
 
Arizona Sports Betting Market Gets First NFL Stadium Sportsbook

BetMGM opened its retail sportsbook at State Farm Stadium in Arizona. It's the first retail sport'sbook in an NFL stadium. Arizona sports betting market has taken more than $5 billion in wagers since it was launched.

Arizona Sports Betting Market Gets First NFL Stadium Sportsbook. The BetMGM Sportsbooks at State Farm Stadium is one of the most revolutionary additions an NFL stadium has seen in decades.

BetMGM opened a sportsbook at State Farm Stadium's The Great Lawn on Sunday. It's the first of its kind. The facility is two-story, 17,000-square-foot building with a 265- square-ft video wall near trading windows and kiosks throughout.

Arizona Sports Betting Market Gets First NFL Stadium Sportsbook. Cardinals owner Michael Bidwill is proud and thrilled to be the NFL’s first team to offer its fans this type of amenity.

BetMGM is the first NFL stadium sportsbook in Arizona. FanDuel and Caesars already have sportsbooks at professional sports venues in the state. There are 25 retail sports betting locations in Ariz., including tribal casinos and off-track betting facilities.

Arizona sportsbooks took $290 million in bets during July. The state performed better than most other US sports betting markets in July, dropping just 9% from June compared to the national average of 18%.

Arizona Sports Betting Market Gets First NFL Stadium Sportsbook. Arizona is already a top-ten sports betting market in the US. Super Bowl LVII will be held in a state with legal sports gambling next February.

Arizona sportsbooks generated $22.7 million in July. It was the second-lowest revenue in the state's history of sports betting. The state collected $1.5 million taxes since launch.

FanDuel and DraftKings are the market leaders in Arizona sports betting. They took $91 million in bets and generated $9.4 million revenue. BetMGM was the only sportsbook to secure more than 10% market share.


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