'Mattress Mack' Sends Louisiana To Biggest Loss in U.S. History

Louisiana lost minus $25.3 million in gross revenue for sports betting in November. It's the largest monthly loss reported by any state in the post-PASPA era. Maryland reported a minus-$33.6 million AGR due to promotional credits for mobile wagering launches. The $268.5 million handle for November was an all-time high in 13 months of operation.

Caesars Sportsbook was on the hook for the bulk of McIngvale's winnings. The November retail loss in the sport was more than $1.4 million. Pelican State sportsbooks collected $22.9 million in revenue from parlay bets. The World Cup helped sportsbook reach seven figures in revenues from soccer bets for first time in state history. Louisiana sports books had generated less than $19 million from baseball wagering in first 12 months of operation.