How Louisiana Sports Betting Could Look In First Full Football Season

Louisiana sports betting market is hitting its stride, according to the state's top regulator. Ronnie Johns expects a significant jump in revenue when the September revenue report is released later this month. It is the first NFL betting season with mobile Louisiana sportsbooks, which launched in late January.

Louisiana sports betting has exceeded expectations. The state has collected $18.3 million in taxes since sportsbooks launched in November 2021. Louisianans have wagered $1.4 billion since the debut of sportsbetting last year.

Louisiana Sports Betting is going to exceed projections. Last season was the first time they had a full football season with mobile sports betting.

Louisiana sportsbooks are joining the fray. Regulators have issued 17 of 20 possible sports betting licenses to the casinos in Louisiana. Caesars Sportsbook at Harrah's New Orleans and Golden Nugget Lake Charles have permanent sportsbook bars.

Mobile sports betting accounts for 80% of the Louisiana handle. New sportsbooks are drawing strong crowds.

Some people were betting on football games on their phones. The general manager pointed out some of them.

Louisiana has a $5 million promotional deduction limit for sports betting. The limit was introduced to increase tax revenue. PointsBet just launched, but the other seven operators had used up their allotment by the end of August.