September was a record month for mobile sports betting in Louisiana

Business Report
 
September was a record month for mobile sports betting in Louisiana

Mobile sports betting in Louisiana set a revenue record in September, translating into $4.7 million in taxes for the state.

Wagers for the state’s nine mobile operators were up 44.4% in September over the prior year for a total of $248.8 million, or roughly $110 million more than August. 

“This is the highest monthly total generated by mobile sports wagering since inception” in February 2022, Donna Jackson, a supervisor with the Louisiana State Police’s gaming audit section, told the Louisiana Gaming Control Board last week.

Parlays accounted for $19.8 million of the revenue total, followed by $7.3 million for football, $6.5 million for baseball, $252,480 for soccer, $118,218 for basketball, and $2.3 million in other categories. 

“I think it shows you what football, college and the NFL mean to sports betting,” board chair Ronnie Johns said of the “incredible numbers.” 

Read the full story from The Center Square.