The Louisiana Gaming Control Board (LGCB) reported that sports wagering operators claimed more than $43.1 million in gross revenue for September, an all-time high in the state.
The revenue haul topped the previous standard of $37.2 million established last December and was 33.7% higher compared to the previous September. Handle for the month was $280.1 million, the second-highest ever behind the $282.3 million worth of accepted wagers in January.
Louisiana’s 18 retail sportsbooks and nine mobile operators had a collective 15.4% hold on gross revenue — more than double the industry standard — that ranks third-highest in 21 months of mobile wagering. Louisiana is one of three states, along with Maryland and Ohio, where sportsbooks have had a statewide hold of 15% with a minimum $200 million handle, but it has happened five times in the Pelican State compared to the one-offs elsewhere.