Do we have a new king of sports betting?
Just a few months after Arizona enacted legal sports betting, it has reportedly become the quickest state to ever reach $1 billion in wagers thanks to an unbelievable November. Arizona sportsbooks received around $470 million in wagers and better than $50 million in gross revenue in the month alone.
Timing was key in this record-setting pace, with the football season being at its height and the beginning of basketball season taking center stage.