You Lost…

The first year of Legal Sports Betting in Louisiana is in the books – LINK.

  • Louisiana Casinos made $35.8 million off sports bets.
  • Mobile Apps made another $152 million off sports bets.
  • 268 million wagers were made in November 2022 alone.

Paul Harvey used to report on Gambling earnings with the totals and a pithy dig at the reality of gambling. He might say about this report,

“Sports betting made $188 million last year in Louisiana. That means you LOST $188 million last year in Louisiana.”

The only bright spot for Louisiana was the winnings and losing brought in about $26 million in taxes.

About Lane Corley

I am - Follower of Jesus Christ - Husband to the beautiful and patient Heather Corley - Father of three. - Church Planter / Church Planting Strategist with the Louisiana Baptist Convention. - When I can, I’m reading, raised bed gardening, deer hunting, and on mission with my church. - Hoping to be helpful.

Posted on January 17, 2023, in In the News. Bookmark the permalink. Leave a comment.

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