Louisiana collects $13.1m in sports betting revenue in first half of 2022
The Louisiana Gaming Control Board has reported that sports betting tax revenue could exceed its forecast.
US.- Louisiana collected nearly $13.1m in tax revenue from sports betting through in the first half of 2022, according to the figures released by the Louisiana Gaming Control Board. From January through June, retail sportsbooks and mobile sports betting apps combined for nearly 1.1m wagers, bringing in net revenue of nearly $85.4m.
Ronnie Johns, Louisiana Gaming Control Board chair, says the state could potentially exceed the $30m tax revenue estimate that the Legislative Fiscal Office projected for the first full year of betting. It seems likely that revenue will remain strong as Louisiana heads into its first full football season with sports betting.
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Sports betting was legalised in June 2021, when Governor John Bel Edwards signed it into law. Retail sports betting launched on October 31, followed by online sports betting on January 28 of this year.
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