Barstool Sportsbook, Caesars, DraftKings, BetRivers Sportsbook, and FanDuel were the first mobile sports betting apps to launch in the state and accepted a total of $40.5 million in the first four days of operation (final four days of January).
Louisiana Gamblers Wager Over $211 Million Online in First Full Month of Mobile Sports BettingUnsurprisingly, football betting was the main source of revenue in the lead up to the Super Bowl. NFL betting generated $9.8 million in revenue while betting on basketball generated $5.1 million.
Louisiana Gamblers Wager Over $211 Million Online in First Full Month of Mobile Sports BettingRevenue for the retail sector came to $642,663 for the month of February down a remarkable 88% on the $5.3 million generated in January. This was the lowest amount reported since the retail industry launched but once again, mobile sports betting was a mitigating factor in the drop.
Overall the Louisiana sports betting markets combined saw a total of $238.4 million wagered throughout the month resulting in overall revenue of $5.6 million.
Based in London, Natasha is a former sports journalist with experience working for some of the biggest athletes & brands in the world of sports and iGaming.