Louisiana sportsbook revenue hits record $37.2 million in December

Friday, January 20, 2023 3:40 PM
  • Chris Altruda, SportsHandle

The Louisiana Gaming Control Board reported a record $37.2 million in sports wagering operator gross revenue for December as the house shook off Jim “Mattress Mack” McIngvale’s big November payday and restored the edge over bettors.

In November, the Houston-based furniture magnate claimed $58.7 million in Louisiana of his record $75 million in winning Houston Astros World Series futures bets placed nationally. Caesars Sports, Barstool Sportsbook, and WynnBET all made payouts that contributed to the worst single-month revenue total for a state in post-PASPA history, at minus $25.3 million.

That was quickly forgotten last month by operators, who rode football and parlay wins to more than cancel out November’s loss. The December revenue marked the fourth time Louisiana sportsbooks topped $30 million in a month, and it eclipsed the $32.3 million standard set in September.