Consumers in Louisiana spent $112.1m (£98.3m/€112.4m) wagering on sports online during August, halting a five-month consecutive decline in handle that began in March.

Online wagers were 8.5% higher than $103.3m in July, but the August total was the second lowest full monthly amount since the state opened its regulated internet betting market in January of this year.

Revenue from online sports wagering in August reached $7.3m, down 62.0% from $19.2m in July and also the second lowest full monthly total on record.

Turning to retail and players spent $16.2m, which was 6.7% higher than $15.2m in July and the first month-on-month growth since May.

Retail revenue reached $2.2m, which was an increase of 37.5% from $1.6m in July and the highest monthly total since $2.7m was generated in May.

Looking at the market as a whole, consumers in Louisiana wagered $128.3m on sports in August, up 8.3% month-on-month, though revenue dipped 54.3% from $20.8m to $9.5m.

The Louisiana Gaming control board also revealed that $1.8m was collected in sports betting taxes, $1.6m of which came from online wagering and $211,900 retail.

Want To Keep Up To date with our latest news and information? Please enter your email address below to be added to our mailing list

Bookielink.com is operated by Intraseculink Ltd, Registration Number: HE356617, 176 Athalassas Avenue, Office 401, 2025, Strovolos, Nicosia, Cyprus. BLUEINIC B.V. with Registration number 140279 and registered address at Abraham Mendez Chumaceiro , Boulevard 50, is licensed under Antillephone N.V. ,holder of Gaming License #8048/JAZ of the Central Government of the Netherlands Antilles. BLUEINIC B.V. is licensed and regulated in virtue of license number #8048/JAZ2016-030 granted by the Government of Curaçao to BLUEINIC B.V. The license was issued on ‎08-06-2016.

Bookielink.com © 2022 All rights reserved.