{"id":296290,"date":"2023-10-31T13:13:41","date_gmt":"2023-10-31T18:13:41","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=296290"},"modified":"2023-11-01T15:03:50","modified_gmt":"2023-11-01T20:03:50","slug":"louisiana-sportsbooks-have-a-record-month","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/louisiana-sportsbooks-have-a-record-month\/","title":{"rendered":"Louisiana Sportsbooks Have a Record Month"},"content":{"rendered":"

Sports betting in Louisiana sizzled in September as sportsbooks set a record for revenue and tax revenue from sports wagering in the Pelican State.<\/p>\n

\"Queen
The Queen of Baton Rouge experienced a surge in gaming revenue during its first full month as a land-based casino. The property was formerly Hollywood, a Louisiana riverboat casino. (Image: Visit Baton Rouge)<\/figcaption><\/figure>\n

The Louisiana Gaming Control Board<\/a> reports sportsbooks brought in about $41.8 million in combined mobile apps and brick-and-mortar locations. That tops the previous record of $37 million set in December 2022. The state made around $5.3 million in sports betting tax revenue, topping the previous record of $4.4 million from December 2022.<\/p>\n

The numbers aren’t unexpected, as college and professional football were predicted to boost the dollar amounts.<\/p>\n

I think it shows you what football, college and the NFL, mean to sports betting. We\u2019re going to continue to watch those numbers,<\/strong>\u201d said Ronnie Johns, the chairman of the Louisiana Gaming Control Board, at the board\u2019s October meeting.<\/p><\/blockquote>\n

Data from the LGCB shows about $280.1 million was wagered in Louisiana at retail locations and mobile apps. That\u2019s the second-highest single-month total since sports betting began<\/a> in the state in 2021.<\/p>\n

Mobile Sports Betting Hits Highest Mark Yet<\/h2>\n

Mobile sports betting was up 44% in September for the state\u2019s nine mobile operators, totaling $248.8 million. That\u2019s roughly $110 million more than August. Those wagers resulted in a 447% year-over-year jump, with about $36 million in net proceeds.<\/p>\n

This is the highest monthly total generated by mobile sports wagering since inception,\u201d<\/strong> said Donna Jackson, a supervisor with the Louisiana State Police\u2019s gaming audit section, during the LGCB meeting.<\/p><\/blockquote>\n

Mobile sports betting launched in February 2022.<\/p>\n

The state\u2019s 18 retail sportsbooks saw wagers decline 0.8%, but net proceeds were up from the prior year. Total wagers were at $31.2 million, with net proceeds at $5.7 million.<\/p>\n

Shout Out for Queen Casino After its Move<\/h2>\n

Louisiana Gaming Control Board chairman Ronnie Johns also highlighted a significant boost in revenues for the Queen casino in Baton Rouge.<\/p>\n

As reported by Casino.org,<\/em> the Queen of Baton Rouge nearly doubled its gaming win<\/a> in September. A strong first full month in operation after the riverboat moved to a land-based casino last month.<\/p>\n

I want to congratulate the Queen here in Baton Rouge on their first full month, an exceptional month for them,” Johns said. \u201cI think it just shows you what land-based properties are capable of doing. And I think the most interesting number is they grew the Baton Rouge market by almost $3 million from the prior year, so it wasn\u2019t a matter of cannibalizing anybody else.\u201d<\/p><\/blockquote>\n

The Queen opened on August 24.<\/p>\n","protected":false},"excerpt":{"rendered":"

Sports betting in Louisiana sizzled in September as sportsbooks set a record for revenue and tax revenue from sports wagering in the Pelican State. The Louisiana Gaming Control Board reports sportsbooks brought in about $41.8 million in combined mobile apps and brick-and-mortar locations. That tops the previous record of $37 million set in December 2022. […]<\/p>\n","protected":false},"author":98,"featured_media":294907,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62],"tags":[],"acf":[],"yoast_head":"\nLouisiana Sportsbooks Have a Record Month - Casino.org<\/title>\n<meta name=\"description\" content=\"Sports betting in Louisiana sizzled in September as sportsbooks set a record for revenue and tax revenue from sports wagering in the Pelican State. 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