Louisiana January 2022 Sports Betting Revenue

by | Feb 23, 2022 11:50 am | Sports Betting | 0 comments

Louisiana January 2022 Sports Betting Revenue

Louisiana Mobile Sports Betting

  • Mobile sports betting in Louisiana launched in January 2022.
  • January 2022 was the highest single month of sports betting revenue in Louisiana.
  • The NFL betting revenue in January reached $1,493,042 at retail locations.

BATON ROUGE, La. – Sports betting has taken over Louisiana as they have recorded their highest ever betting revenue number in January of 2022. Retail sports betting overall launched in the Bayou State in November of 2021. However, mobile sports betting did not launch until January of 2022.

The launch of legal sports betting in Louisiana certainly made an impact on the state, but it was not until the launch of mobile betting that the state peaked in revenue. In just four days of mobile sports betting in Louisiana, the state saw a whopping $49,272,670 betting handle. That is roughly $10 million more that was wagered in December of 2021.

Breaking Down The Numbers

Going sport by sport in retail locations starting with the MLB, even with the lockout and all, baseball still managed to see an uptick in the betting revenue from December to January. It went from $1,225 up to $3,943. The NBA went from $224,821 to $313,941. Parlay wagers went up as well from $2,416,931 to $3,515,386.

As for the NFL, they saw a slight decrease at retail locations going from $1,682,591 to $1,493,042 with the launch of mobile Louisiana sports betting.

Where Bets Are Taking Place

Using the NFL as an example, mobile sports betting has thrived in some of the states biggest cities including the capital, Baton Rouge, New Orleans, Lafayette, Alexandria, and Shreveport all during the first Sunday that mobile betting launch in the NFL season.

With mobile sports betting clearly showing promise in Louisiana, it is clear that the revenue numbers and betting handle could reach a new all-time high soon when all sports are back in play.

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