Louisiana Online Sports Betting Market Projects $175 Million this year
2 minutos de lectura
(Louisiana).- The Louisiana state legislature approved online and retail sports betting earlier this summer. Up to 41 online sports betting licenses and 20 retail sportsbooks could eventually operate in the Pelican State. LouisianaSharp.com projects that the market could bring in $175 million in annual online sports betting revenue.
Geoff Fisk, Senior Analyst for LouisianaSharp.com, said, "Louisiana's decision to go with a competition-based sports betting market is a win for operators and the state alike. We might not see all 41 online licenses awarded, but the structure is in place for every major name in sports betting to set up shop in the state. That setup has led to success in the nation's leading sports betting markets, and Louisiana should continue that trend."
The state's sports betting bill calls for a 15% tax on mobile sports betting revenue and 10% on land-based revenue. Based on LouisianaSharp.com's projections, sports betting would allow the state to collect $30.6 million in annual taxes.
LouisianaSharp.com reached the $175 million projection through careful analysis of other legal markets and by comparing states with similar populations.
Fisk continued: "SEC games and the College Football Playoff mark some of the biggest events on the sports betting calendar. LSU is often involved in the biggest college football games of the year, and we can expect plenty of wagers on the Fighting Tigers coming out of Louisiana. There isn't any nearby competition, for now, from other states with online sports betting. That factor could draw sports bettors to Louisiana from Texas and several other states."
Categoría:Sportsbook
Tags: Sin tags
País: United States
Event
SiGMA Central Europe Awards 2025: BetConstruct Wins Innovative Sportsbook Solution of the Year
(Malta).- BetConstruct has been recognised at the SiGMA Central Europe Awards 2025, receiving the Innovative Sportsbook Solution of the Year award. This achievement highlights the company’s continued focus on elevating retail betting experiences and supporting operators with solutions that create measurable business value.
Wednesday 05 Nov 2025 / 12:00
Roberta Metsola Opens SiGMA Central Europe with a Call for Innovation and Unity: “Europe Is Your Home”
(Rome).- In a powerful keynote that blended optimism with urgency, President of the European Parliament Roberta Metsola officially inaugurated SiGMA’s first-ever Central Europe summit in Rome. Addressing a packed audience of tech and gaming leaders, Metsola emphasized Europe’s role as a global hub for innovation, calling it “a place of the future” and urging the continent to embrace smarter regulation, faster growth, and bold investment in digital industries. Her message: Europe must lead—not follow—in shaping the next era of technology.
Wednesday 05 Nov 2025 / 12:00
Digitain Group Founder Vardges Vardanyan Wins Outstanding Contribution to Gaming Award at SiGMA Central Europe 2025
(Yerevan).- Digitain Group celebrates the recognition of its Founder, Vardges Vardanyan, whose 26 years of visionary leadership and innovation have shaped the future of the global iGaming industry.
Wednesday 05 Nov 2025 / 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.