Arizona and Colorado report lower March sports betting handle
Arizona and Colorado reported lower sports betting handle in March, according to state figures cited in the report. Arizona’s handle fell 5.7% year on year to $836.9 million, while Colorado’s declined 9% to $560.9 million; tax revenue rose in both states. Arizona’s Department of Gaming said it did not attribute the decline to any single factor.
Operators and regulators in both states face lower wagering volumes despite higher reported tax receipts.