The Louisiana Gaming Control Board has revealed that online sports betting revenue for the month of December totaled $30.5 million, despite a drop in activity compared to the previous month.
Louisiana Sets All-Time Mobile Sports Betting Revenue Record in December launched in January of 2022. The previous monthly record was $28.4 million set in March 2022. Louisiana Sets All-Time Mobile Sports Betting Revenue Record in DecemberSport betting apps and websites accepted $218.7 million in wagers throughout the month of December, a drop of 6.4% compared to the $233.7 million wagered in November. This represents the third largest handle since online sports betting launched.
According to the LGCB, sports betting operators paid $3.7 million in taxes to the state during the month.
Retail sportsbooks also reported a 45.5% year-on-year jump in revenue to $6.4 million. Sportsbooks accepted $35.6 million in in-person wagers throughout the month, up 1.7% compared to the $35 million wagered in the previous month. As a result, taxes from retail sports betting came to $608,960 for December.
An experienced iGaming commentator and analyst based in New York City - Jenny reports on regulation and gambling industry news and events.