The large sports betting handles are good news for the state’s three casinos, which suffered a severe loss of revenue due to the Covid-19 pandemic.
US.- The sportsbooks run by the three casinos in Arkansas each saw a handle of over $1m in December.
According to figures released by the Arkansas Racing Commission, Southland Casino Racing generated the largest handle in December 2020 at nearly $3.4m.
Oaklawn Racing Casino Resort’s handle topped $2m, although the commission did not reveal the exact figure.
Finally, Saracen Casino Resort took in $1.03m in sports bets in December, crossing the $1m threshold for the first time since it became a fully operational casino in November 2020.
The large sports betting handles are good news for the three casinos, which suffered severe losses as a consequence of the Covid-19 pandemic.
A report shows that the three Arkansas properties lost $1.4bn in revenue due to the Covid-19 pandemic.
In other news, the Cherokee Nation Businesses and Pope County have filed a lawsuit against the Gulfside Casino Partnership in a bid to prevent it from building a new casino in Pope County, Arkansas.