Arkansas Sports Betting Revenue Hits .8 Million For January

The Arkansas Racing Commission reported an all-time monthly high of nearly $5.9 million in sports betting revenue for January, furthering a surge of action that began with the start of football season.

The revenue haul was approximately $31,000 better than the previous mark of $5.8 million established last October and the third time in four months operator winnings cleared $5 million. Arkansas sportsbooks had only surpassed $1 million in revenue four times since launching in July 2019 prior to the first sports betting apps going live in February 2022.

Revenue more than doubled compared to January 2023, while the $50.7 million handle was up 53.7%. The 11.6% hold was the sixth time in the last 11 months operators statewide combined for a double-digit win rate.

  
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