by Giovanni Shorter | Jun 30, 2022 12:45 pm | Regulatory
HB 384 was signed into law, classifying sports betting funds as properties and giving Louisiana the right to claim unclaimed betting funds. The funds will be added to the unclaimed property fund, the same as any other unclaimed items after a time. This qualifies for...
by Jerad Paparella | Apr 19, 2022 11:32 am | Revenue
Sportsbooks in Louisiana generated over $30.1 million in revenue in March on a handle in excess of $232.7 million, the strongest all-around month on record for Louisiana. Online sportsbooks had an uncharacteristically high 13.8% hold rate, indicating that luck played...
by Jerad Paparella | Apr 12, 2022 1:09 pm | Legal
Kentucky’s sports betting bill, HB 606, has already passed through the Kentucky House of Representatives by a convincing 58-30 vote. Despite passing relatively easily in the House, the bill has hit a roadblock in the socially-conservative Kentucky Senate, where views...
by Evan Thornton | Mar 30, 2022 1:55 pm | Revenue
Louisiana sportsbooks saw a huge $238.4 million sports betting handle, $211 million of which came from mobile betting apps. $9.8 million of the $16.7 million in sportsbook revenue came from football betting. BATON ROUGE, La. – Right after finally launching a...
by Sam Profeta | Mar 28, 2022 12:15 pm | Sports Betting
DraftKings Sportsbook is opening in Baton Rouge at the Hollywood Casino. This will be the second DraftKings sportsbook in Louisiana. BATON ROUGE, La. – Sports betting in Louisiana has expanded to 11 retail sportsbooks in the state with DraftKings launching their...
