Louisiana sports betting handle reaches $351m in September
The handle increased by 25.4 per cent year-over-year.
US.- The Louisiana Gaming Control Board has published its online and retail sports betting revenue figures for September. The handle was $351.7m, up 25.4 per cent year-over-year and 50 per cent from August ($234.5m). Some $320m was wagered online and $31.7m at retail sportsbooks.
Adjusted gross revenue totalled $52.5m, up 25.6 per cent year-on-year and 106.7 per cent sequentially. Online revenue was $47.2m and retail $5.3m. This resulted in a state-wide hold of 14.93 per cent. Parlays generated the most revenue, at $35m. Football wagers generated $5.1m amid the start of the NFL season, and other bets reached $9.5m.
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Eight online sportsbooks are available in Louisiana: DraftKings, FanDuel, BetMGM, Caesars, Fanatics, BetRivers, bet365, and ESPN BET. Fanatics Sportsbook is the latest to launch in the state. The regulator does not publish a breakdown of individual operators’ revenue.
