The $401.5 million in wagers placed in September represents a 48% increase compared to August 2025. This growth can be attributed to the commencement of the NFL and college football seasons, which traditionally drive higher betting volumes. The GGR of $47.2 million highlights the success of the sportsbooks but also indicates a thriving betting environment in Louisiana.
The hold rate of 11.76% resulted in approximately $9.8 million in tax revenue for the state. This figure is more than double the average tax revenue generated in the earlier months of 2025, underscoring the financial benefits of the sports betting boom.
As of September 2025, Louisiana’s sports betting market has handled a total of $3.04 billion in wagers, generating a cumulative GGR of $344 million. This positions Louisiana firmly within the top ten sports betting markets in the United States, both in terms of volume and revenue.
Several factors have contributed to the growth of Louisiana’s sports betting market in September 2025. The return of professional and college football has undoubtedly played a pivotal role, as fans eagerly engage with their favourite teams.
Cayman Islands-based investment firm Candle Lake Limited, owned by billionaire investor Kenneth Dart, has formally…
BetConstruct AI, the iGaming platform provider, has introduced a new commercial offer - The Purest…
A highly anticipated $700 million tribal gaming project in Northern California has abruptly stalled, prompting…
CreedRoomz, has announced the launch of its groundbreaking, culturally localized live casino game - the…
The Rank Group has announced the potential permanent closure of the Grosvenor Casino Reading Central,…
Ireland’s Minister for Finance, Simon Harris, today launched a comprehensive national strategy aimed at countering…