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louisiana gaming control board President Ronnie Johns satisfied with the first year of Louisiana sports gambling.
jones said LSR Last week, sports betting in LA surpassed expectations in its first calendar year. In addition to exceeding the state’s tax revenue projections, Johns said there were no issues from a regulatory perspective.
“I couldn’t be happier with the first year. There have been virtually no problems,” says Johns. “Naturally, to be successful, we want the numbers to be good, and we have them. I wanted it and had no problems.”
Earnings Exceeded Louisiana Sports Betting Forecasts
Prior to legalization, legislative estimates put Louisiana at the $30 million In the first year of sports betting.of 2022approximately the generated state $32 millionAccording to Johns LSR of October of NFL Betting season may help drive taxes above estimates.
Louisiana sportsbook $2 billion At wagers during the calendar year.
about 85% Johns said some of the bets were made online.Retail Sportsbooks Begin to Open October 2021the online sportsbook launched last weekend of January 2022.
Mattress Mac “funny guy”
johns said Lake Charles Casino facilities still attract many bettors from Texas.Included in the draw are Jim “Mattress Mack” McKinvale.
McKinvale won $75 million About World Series betting at Novemberwhich contributed to $25.4 million Louisiana Sportsbook loss for the month. Furniture retailers use the money to hedge their advertising.
“Mattress Mac has played a big part in maintaining interest,” says Johns. “His World Series bet was historic. Of the $75 million he won, $52 million turned out to be from Louisiana.
“He lost $9.5 million in the Super Bowl and $3 million in college championships. doing.”
Not interested in extra Louisiana skins
Betway is scheduled to launch in Louisiana in the first quarter of 2023. The operator will be his ninth online sportsbook in the state.
there is 40 There are skins available, but Johns said there was no other conversation about empty slots.
Operators residing in Louisiana are:
- bar stools sportsbook
- BetRivers Sportsbook
- Bet MGM
- caesars sportsbook
- DraftKings Sportsbook
- FanDuel Sportsbook
- point bet
- Winbet
Johns said he has not had any conversations with Fanatics. 15-20 market by 2023 Nfl season kickoff.
No Louisiana lotteries yet
Along with commercial operators, the Louisiana Sports Betting Act assigns online skins to Louisiana lotteries.of June 2022, louisiana lottery spokesperson Kimberly Chopin Said LSR The agency was in talks with sports betting providers.
However, these negotiations fell apart.Chopin said last week LSR The lottery has finished negotiations with sports betting vendors and is evaluating options.
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