Casinos up, sportsbooks down in February, according to Arkansas gaming report
Friday 24 de March 2023 / 12:00
2 minutos de lectura
(Fayetteville).- According to a report from the state, Arkansas casinos saw more revenue last month, while the totals for sports betting fell. The Arkansas Department of Finance and Administration released the statistics as part of its February sports betting and casino revenue report. Casino handle was $633,337,603, up 5.6 percent from January. The casinos’ net win for the month was up 9 percent.
The total sports betting handle in Arkansas in February was $29,532,463, down 10.4 percent from the prior month. Net revenue for the month fell 40.4 percent compared to January, but that drop was common across the country, according to pundits.
“After last month’s record-breaking numbers, many were likely expecting February to be another blowout for the sportsbooks, especially coming on the heels of Super Bowl 57, one of the most lucrative sporting events of the year,” said BetArkansas.com’s Dru James. “However, there was instead a near 5% decrease in sports betting spend that month. This has been the case across the entire US market, but Arkansas is among those that have suffered the least so far: some states saw a decline in wagers upwards of 20%.”
James noted that Arkansas’s sports book hit in February was “not atypical behavior for the market.” He added that March will be likely to see a recovery due to the NCAA basketball tournament.
“Then sportsbooks all over the country will begin to brace for the dreaded spring and summer of discontent,” James said. “A time when betting slows down due to the end of the regular season for many sports. Casinos are expected to shine during that time.”
Categoría:Reports & Data
Tags: Sin tags
País: United States
Región: North America
Event
GAT EXPO CARTAGENA DE INDIAS 2024
09 de April 2024
Rocío Moitino from AIR DICE: “GAT has developed into a key event for the industry”
(Cartagena, SOLOAZAR Exclusive).-After AIR DICE's visit to the twenty-fifth edition of GAT Expo Cartagena 2024 Rocío Moitino, the company's Sales Director, reviews with us the highest points of the successful exhibition that took place at the Center of Las Américas Conventions, Cartagena de Indias, Colombia.
Wednesday 17 Apr 2024 / 12:00
NOVOMATIC was the epicenter of innovation and entertainment at GAT Cartagena
(Gumpoldskirchen).– GAT Expo, one of the flagship events of the Latin American gaming industry, commemorated its 25th anniversary from April 9 to 11 at the Hotel Las Américas in Cartagena de Indias. As a platinum sponsor, NOVOMATIC dazzled with a superb display of solutions, led by the NOVOMATIC Gaming Colombia team, the local subsidiary of the Austrian Group, and with the participation of renowned executives from Peru, Serbia, Austria and Ecuador.
Wednesday 17 Apr 2024 / 12:00
José Aníbal Aguirre tells us why he believes this was the best edition of GAT
(Cartagena, SOLOAZAR Exclusive).- We spoke with José Aníbal Aguirre, the CEO of Gaming & Technology Expo, who cannot help showing his satisfaction at a new edition of GAT in Colombia, which far surpassed last year's. “There was a record attendance, we had the visitors from the two days of last year on one of this one. The growth of the exhibition was 20 or 25% in this new room and this represents great news” explains.
Tuesday 16 Apr 2024 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.