March Madness is profitable for states that have legalized sports betting. The sheer number of college basketball games provided bettors with lots of opportunities to wager. While this interest is expected to decline in the coming months, sportsbooks and state coffers have benefited for the time being.

Arizona's Department of Gaming revealed that the state received $759.8 million in bets in March. This represents a 19% monthly increase. In addition, the handle is also more than $100 million than the same month of the previous year. The state takes its time in releasing its sports betting report, which is why we are only seeing these numbers now, while other states are already releasing their numbers for May. But still, let us take a look at their numbers for March, a very interesting month for US sports betting.

Sportsbooks in Arizona See Better Numbers in March

The operators held 7.8% of the money they received from those wagers, down from 8.6% in February. However, the month-over-month increase in handle compensated for Arizonan's better luck. Even more, revenue rose to $38 million, above February's $28 million. The tax bill increased to $3.7 million.

With the state’s sportsbooks hitting a new milestone in sports betting handle, a lot of industry experts are looking at the possibility of continuous growth for the local market. The steady rise in handle is also consistent with the pace of sportsbooks that use the top 10 pay per head companies. top 10 pay per head companies.

Arizona Sports is Alive and Kicking

If you check your bookie pay per head software, you will notice that the state has quite the popular state teams. They are featured in the most popular sports leagues- you have the Arizona Cardinals, the Diamondbacks, and the Phoenix Suns, among others. Their fans base is so passionate, that their excitement carries over to sports betting.

And along with betting on their favorite teams, residents are also starting to explore other betting options. With online sports betting in the picture, residents have easy access to lines on events from the other side of the country, or even the other side of the world.

If you want to be a part of this lucrative industry, you can easily learn what is a bookie, and how you can create your very own online sportsbook. The process is quite easy, and very affordable as well. Given how most betting markets in the US continue to grow similar to Arizona, we are yet to see the peak of sports betting in the country.

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