Arizona reported a 23 per cent rise in April’s sports wagers to $656.3 million, as Fanatics entered an already competitive market.
There were 17 mobile sports betting licensees active in the state during the month and handle increased by 22 per cent to $649.9 million.
Arizona’s retail betting handle increased by 41 per cent year-on-year to $6.4 million, of which $1.4 million came from limited event licensees.
Fanatics had first-month wagers of $15.7 million, giving it a 2 [...]