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Dan Holmes
PointsBet Launching in Louisiana
PointsBet will launch its originative sportsbook in Louisiana on Sept. 8, according to sources at Louisiana Sharp. Available in 11 other states, PointsBet is unusual in that it affords bettors the chance to win more the more correct they are. Louisiana Sharp has an exclusive PointsBet Louisiana offer: two risk-free bets up to $2,000 when […]
Isle of Capri to Re-Open as Land-Based Horseshoe Lake Charles This Winter
More than two years after it closed due to the punishing waters of Hurricane Laura, the Isle of Capri riverboat casino will return as the Horseshoe Lake Charles this winter. Last week, Caesars Entertainment revealed that it would open the Horseshoe Lake Charles, branding it in line with other casino/resorts the company operates in other […]
Harrah’s New Orleans To Open Caesars Retail Sportsbook
A $325 million renovation of Harrah’s New Orleans Casino & Hotel will include a Caesars Sportsbook and World Series of Poker Room. The sportsbook and poker room will be open this fall, according to a press release from Harrah’s and Caesar’s earlier this week. The large retail sportsbook inside the Caesars-operated Harrah’s will offer a […]
Money in Inactive Louisiana Sports Betting Accounts Could Soon be Seized by the State
Sports bettors who have left their Louisiana sports betting account inactive may have their funds seized by Louisiana and placed into an unclaimed property fund. A law signed by Gov. John Bel Edwards in June authorizes the Louisiana state treasury to move money from an inactive sports wagering account into an unclaimed property fund if […]
Louisiana Sports Betting Operators Set National Record In May
Louisiana sports betting operators reported a 15% win rate in May, setting a national record for any state since PASPA was repealed in 2018. The state also became the 17th in the nation to surpass $1 billion in sports betting handle since launching its legal sports betting market in October 2021. Win rate represents the […]
Louisiana Gaming Revenue Topped $2.3 Billion In 2021
Though the state didn’t launch legal sports betting until the fourth quarter, Louisiana had a successful year in regards to gaming in 2021. The state reported casino gaming revenue of $2.38 billion, a whopping figure that represents a 43.5% increase over the previous year, according to a study by the American Gaming Association. In their […]
Proposed Changes To Louisiana Sports Betting Promos Would Help Bettors
A proposed bill in the Louisiana legislature could alter the way sportsbooks assign their promotional money, resulting in an improved betting experience for citizens of the state. Senate Bill 290 would permit Louisiana sports betting operators to split up their promotional play dollars between multiple sports betting platforms beginning in 2023. Each sportsbook in Louisiana […]
Louisiana Sports Betting Sets Monthly Revenue Record In March
Sportsbooks in Louisiana raked in $30.1 million in revenue in March — the highest total since legalized sports betting launched in the state in 2021. The revenue figure came on a total handle of $232.7 million, which ranks as the state’s second-highest monthly figure. Online sports betting apps accounted for $205.7 million of the March […]
Top Louisiana Sports Betting Bonuses For USFL Weekend Openers
While some involved with Louisiana sports betting are prepping for the NFL Draft, you can still bet on professional football this spring and summer. The USFL begins a new season this weekend, and the 10-game season will run through July. The regular-season games will all be played in Birmingham, Ala., but Louisiana will be represented […]
Louisiana Sports Betting Nets $2.2 Million In Tax Revenue In February
The first full month of Louisiana online sports betting was a success. In February, $2.2 million was generated for the state in tax revenue from online sportsbooks, fueled likely in part by the popularity of the Super Bowl. March could be another boon for state taxes with the NCAA Tournament starting this week and offering […]