Louisiana Sports Betting Hits Record $255.5m in Handle for October

Summarized by: Live Sports Direct
 
Louisiana Sports Betting Hits Record $255.5m in Handle for October

Louisiana sportsbooks took in $255,528,321 in wagers in October. That was a record for the state, which launched mobile sports wagering in January. The old record was $238.4 million in February. Physical casinos' revenue declined 3.8% compared to December.

Louisiana Sports Betting Hits Record $255.5m in Handle for October.

Louisiana sports betting reached record $255.5m in October. The Pelican State is seventh in the world in terms of wagering volume. Louisiana sportsbooks finished October ahead of industry stalwarts such as Iowa ($238.788M) and the newest state with live online sports gambling, Kansas ($189.919M).

Louisiana sports betting hits record $255.5m in October. Casinos' revenues fell 3.8% month-over-month. The decline is the sixth month over month decline of 2022 for the facilities. Physical casinos, racetracks and video gaming machines are the top non-sports options without being legal in Louisiana.

Christopher Boan writes for TopUSCasinos.com. He has been covering sports and sports betting for more than seven years.


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