Players in Louisiana wagered $346.3m (£275.1m/€321.4m) in January, an increase on the same month last year but less than December’s total, ending three months of consecutive growth in the Pelican State.
The monthly total was 22.7% higher than $282.3m in January 2023. However, it was 8.1% behind December’s record figure of $377.0m. Incidentally, December was the third straight month that Louisiana reported a record handle.
Of all bets placed in January, $317.8m were online and $28.5m at retail sportsbooks.
Looking at revenue for the Louisiana market as a whole, this was 72.1% higher than last year at $38.9m. However, the January total fell 30.3% short of December’s record $38.9 haul.
Online betting generated a total of $317.8m in revenue during the month. Retail’s share hit $28.5m in January.
Tax for the month amounted to $5.7m, with $5.3m coming from online betting and $340,385 in retail.
Louisiana year-to-date handle edges closer to $2.00bn
Looking at the state’s year-to-date p..