{"id":269,"date":"2024-06-28T00:04:46","date_gmt":"2024-06-27T21:04:46","guid":{"rendered":"https:\/\/thegodofgambling.icu\/2024\/06\/28\/louisiana-sports-betting-earnings-reached-49-3-million-in-january\/"},"modified":"2024-06-28T00:04:46","modified_gmt":"2024-06-27T21:04:46","slug":"louisiana-sports-betting-earnings-reached-49-3-million-in-january","status":"publish","type":"post","link":"https:\/\/thegodofgambling.icu\/2024\/06\/28\/louisiana-sports-betting-earnings-reached-49-3-million-in-january\/","title":{"rendered":"Louisiana sports betting earnings reached $49.3 million in January"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/VBRkSssMFPA\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Louisiana sports betting earnings reached $49.3 million in January &#8211; Sports Betting &#8211; iGB<\/p>\n<p>Louisiana customers placed a total of $49.3 million (\u00a336.2 million\/\u20ac43.4 million) at physical sportsbooks in January, the month the state also introduced its legal internet sports betting market.<\/p>\n<p>Home > Sports Betting > Louisiana sports betting earnings reached $49.3 million in January<\/p>\n<p>Louisiana sports betting earnings reached $49.3 million in January<br \/>\nThe figure is the highest monthly sum since Louisiana started legal physical betting on October 31 last year, with January&#8217;s amount up 24.8% from December&#8217;s $39.5 million and 78.6% higher than November&#8217;s $27.6 million.<\/p>\n<p>Physical sports betting earnings in January were $5.3 million, up 29.3% from December&#8217;s $4.1 million but down 7.0% from November&#8217;s $5.7 million.<\/p>\n<p>Football betting earnings in January were $1.5 million, while basketball revenue was $313,941. Combined bets accounted for $3.5 million of all earnings in January.<\/p>\n<p>Data released by the Louisiana Gaming Control Board also showed that physical sports betting tax revenue in January was $533,289.<\/p>\n<p>Legal physical betting began operating last October when Betfred Sports partnered with Paragon Casino Resort to launch in-person betting, followed by Caesars Entertainment, which launched physical betting at its Harrah&#8217;s New Orleans and Horseshoe Bossier City properties. <\/p>\n<p>The states authorized online sports wagering marketplace formally launched last month, with numerous operators already granted permission to function.<\/p>\n<p>Louisiana made sports betting legal in November 2020 through local referendums, but the market&#8217;s commencement was postponed until 2021 because Louisiana only permits new taxes to be enacted in years with odd numbers.<\/p>\n<p>Penn National Gaming and its Barstool Sportsbook, Caesars, DraftKings, Rush Street Interactive and its BetRivers Sportsbook, and Flutter Entertainment&#8217;s FanDuel group in collaboration with Boyd Gaming, have all begun operations within the state.<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Louisiana sports betting earnings reached $49.3 million in January &#8211; Sports Betting &#8211; iGB Louisiana customers placed a total of $49.3 million (\u00a336.2 million\/\u20ac43.4 million) at physical sportsbooks in January, the month the state also introduced its legal internet sports betting market. Home > Sports Betting > Louisiana sports betting earnings reached $49.3 million in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Louisiana Sports Betting Hits $49.3 Million in January<\/title>\n<meta name=\"description\" content=\"Louisiana\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thegodofgambling.icu\/2024\/06\/28\/louisiana-sports-betting-earnings-reached-49-3-million-in-january\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Louisiana sports betting earnings reached $49.3 million in January\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Louisiana\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thegodofgambling.icu\/2024\/06\/28\/louisiana-sports-betting-earnings-reached-49-3-million-in-january\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Unleash Your Winning Potential at Our Trusted Online Casino\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-27T21:04:46+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thegodofgambling.icu\/2024\/06\/28\/louisiana-sports-betting-earnings-reached-49-3-million-in-january\/\",\"url\":\"https:\/\/thegodofgambling.icu\/2024\/06\/28\/louisiana-sports-betting-earnings-reached-49-3-million-in-january\/\",\"name\":\"Louisiana Sports Betting Hits $49.3 Million in January\",\"isPartOf\":{\"@id\":\"https:\/\/thegodofgambling.icu\/#website\"},\"datePublished\":\"2024-06-27T21:04:46+00:00\",\"dateModified\":\"2024-06-27T21:04:46+00:00\",\"author\":{\"@id\":\"https:\/\/thegodofgambling.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Louisiana\",\"breadcrumb\":{\"@id\":\"https:\/\/thegodofgambling.icu\/2024\/06\/28\/louisiana-sports-betting-earnings-reached-49-3-million-in-january\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thegodofgambling.icu\/2024\/06\/28\/louisiana-sports-betting-earnings-reached-49-3-million-in-january\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thegodofgambling.icu\/2024\/06\/28\/louisiana-sports-betting-earnings-reached-49-3-million-in-january\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/thegodofgambling.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Louisiana sports betting earnings reached $49.3 million in January\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thegodofgambling.icu\/#website\",\"url\":\"https:\/\/thegodofgambling.icu\/\",\"name\":\"Unleash Your Winning Potential at Our Trusted Online Casino\",\"description\":\"Stay on top of the latest casino trends and insights with our regularly updated news, honest reviews, and expert articles. 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