Two football teams.

How Unibet's planned 2024 closure impacts Arizona sports betting

An ASU marketing expert discusses Unibet's decision to leave the American market.

In this story published Dec. 1, 2023, on BetArizona.com:

In the most recent September revenue figures released by the ADG [Arizona Department of Gaming], Arizona had just over $600 million in handle. Unibet had just under $600,000 of that handle or less than one-tenth of 1% of the total market handle. The picture gets bleaker when you factor in payouts to winning bets which results in a net revenue from wagering of just about $34,000. That's simply not a sustainable market share and very likely doesn't cover their costs, although that's speculative.

Daniel McIntosh, associate teaching professor of marketing

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