Configurator
manager@casino-market.com
manager@casino-market.com
Copy
Attention!
It is important to enter the specified email manager@casino-market.com to avoid fraud.
Copied!
support.casinosupermarket
support.casinosupermarket
Attention!
It is important to enter the specified skype support.casinosupermarket to avoid fraud.
Copied!
en

Land-Based Bookmakers in Louisiana Reached $49 Million in Revenue

23 february 2022
Author: James Burton
read later

Gamblers from Louisiana spent $ 49.3 million on sports betting in January. The legal land-based business was launched in the state at the end of October 2021.

The bookmakers' revenue generated in January exceeded the betting industry’s income received in December ($ 39.5 million) by 24.8%. In November, the owners of sportsbook projects managed to earn even less — only $ 27.6 million. January figures exceed this amount by 78.6%.

Bookmakers in Louisiana reached $49 million in revenue

The most profitable sports were as follows:

  • football — $ 1.5 million a month;
  • basketball — $ 313,941.

According to data released by the authorities, the sum of tax revenues to the treasury exceeded $ 500,000 in January.

The Development of the Gambling Market in the State

The decision to allow sports betting in Louisiana was made by the government back in 2020. However, the process of legalising the industry lasted until October 2021 due to the need to adopt appropriate tax regulations.

Here are the first operators that entered the land-based market:

  • Betfred Sports — Paragon Casino Resort;
  • Caesars — Horseshoe Bossier City Hotel and Casino and Harrah's New Orleans.

In January 2022, a legal online market began to operate in the state. Today, the following gambling companies are represented in the Louisiana internet segment:

  • Penn National Gaming;
  • Caesars;
  • DraftKing;
  • Rush Street Interactive;
  • FanDuel Group.

If you dream of launching your betting or gaming business in the USA or any other region of the world, pay attention to the Casino Market studio. We will help you organise your project from scratch.

Our experts will offer you the best software solutions and professional services.

Order a service

Share via social media
Do you like the article?
Like
0
LOL
0
Love
0
Cool
0
Meh
0
Wow
0
Join our Telegram channel James Burton James Burton The Casino Market partner, the owner of the gambling establishments’ network
Attention!

Check the information used to contact us carefully. It is necessary for your safety.

Fraudsters can use contacts that look like ours to scam customers. Therefore, we ask you to enter only the addresses that are indicated on our official website.

Be careful! Our team is not responsible for the activities of persons using similar contact details.

Do You Have Any Questions?
Consult our expert for free!
Enter your message
Type your message
Name
Enter your name
You need to fill in the captcha
Please confirm your agreement with our rules
DEMO
Configurator of a Casino
Request via Telegram
Download presentation
Share this
Configurator
Create your own unique gaming site absolutely free!
Assemble a casino
Connect the demo of a gaming site!
Connect demo
By using this website you agree to use cookies as stated in
DEMO
Download Casino Market presentation
Learn more Download