Louisiana posts $238 million sports betting handle in first full month with mobile

Louisiana posts $238 million sports betting handle in first full month with mobile

Article brief provided by Sports Handle
  • Chris Altruda, Sports Handle
March 14, 2022 10:52 PM
  • Chris Altruda, Sports Handle

    The Louisiana Gaming Control Board reported an overall handle of more than $238 million for the month of February on Monday, with nearly 90% of that amount generated via mobile and online wagering.

    The Pelican State’s six online operators – Caesars, Barstool Sports, DraftKings, BetMGM, FanDuel, and BetRivers – combined to accept just over $211 million in wagers. That was a five-fold increase from the $40 million handle generated in the final four days of January when mobile went live.

    The LGCB does not break out handle and revenue by operator, but it noted the sextet combined for close to $16.7 million in adjusted gross revenue. Gross revenue numbers were not available because the gaming agency did not furnish promotional revenue, unlike January.