Bolstered by Texas Bettors, Louisiana Handle Jumps $79 Million

Sports betting may not be legal in Texas, but that isn’t stopping Texans from betting. As a result, Louisiana recorded $207.5 million in wagers, a huge increase for operator revenues.

The month’s wagers are up $79 million or 61.8% from Louisiana’s August handle. Operators saw an increase of 237% from $9.46 million to $31.89 million.

Casinos also had a strong month, recovering from a down month in August. September saw casino wagers rise to $31.5 million, nearly double for August’s $16.2 million. The August wagers and revenue were the lowest on record.

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Texas Bettors Shore Up Louisiana Handle

Texas residents continue to make a big impact on the Louisiana gaming business, especially near the state’s border. Louisiana Gaming Control Board Chairman Ronnie Johns said that Lake Charles, which only has two active casinos, is leading the state’s gaming revenue. He continues to thank Texans coming to Louisiana.

Lake Charles is only around 35 miles from the Texas border and sits about two hours from Houston. With a population of 2.3 million, Houston is nearly half the size of the entire state of Louisiana, which is home to 4.7 million people.

In September, the two riverboat casinos in Lake Charles reported adjusted gross revenue of $31.9 million and $30.3 million. This far outpaced any other casino in the state, including those in major cities like New Orleans and Baton Rouge.

Texans who travel into Louisiana to bet can also use mobile sports betting apps to place wagers. While there’s no formal figures available on out of state mobile bettors, it’s reasonable to assume that there is interstate mobile betting. This has been seen over the past few years as states went live at different paces. For example, New York state saw bettors traveling to New Jersey prior to launching legal betting.

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Parlay and Football Lead Handle

Parlay bets have also been a big boon for sports betting operators in the last year. Across states, parlay bets have funneled in large amounts of bets. September in Louisiana showed the same pattern, as parlay wagers amounted to $15.3 million.

It’s also no surprise that football was the leading sport in September’s handle numbers. With football season kicking off, bettors are able to wager on both professional and college sports in Louisiana. The total for September came to $5.1 million in mobile handle for football.

About the Author

Joshua Buckley

Sports Content Manager
Joshua Buckley is Sports Content Manager for LouisianaSharp.com. Along with award-winning experience as a sports editor in Alabama and Texas, he has also spent time in public relations for the tourism and blood banking industries. Joshua is co-host of "Whole Lotta Wolves," the only U.S.-based Wolverhampton Wanders FC podcast.