Louisiana Sports Betting Revenue Insights August 2025

Revenue Insights

$300.7M Handle

Bettors in Louisiana wagered over $300 million in May 2025.

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$45.6M GGR

Sportsbooks generated $45.6 million in gross gaming revenue.

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15.17% Hold

May’s hold percentage was one of the highest in recent months, topping 15%.

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$6.72M in Taxes

State tax collections from sports betting reached $6.7 million for the month.

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Sports Betting Industry in Louisiana

Louisiana has a significant gambling industry, run by the Louisiana Gaming Control Board (LGCB) since betting was legalized in 2021. Louisiana allows online and in-person betting at casinos, racetracks, and Class A liquor-licensed venues.

The LGCB licenses and regulates the industry, overseeing compliance. Retail and online operators pay a 10% and 15% tax rate on sports betting revenue, respectively, which generates millions for the state each year, including public retirement systems and state capital improvements.

State capital improvements may seem like an unusual allocation of funds, but it is a large building currently undergoing a waterproofing project expected to cost $122.5 million.

Interested in how the best operators compare? Read our in-depth reviews of sportsbooks in Louisiana.

Annual Sports Betting Growth in Louisiana

Data is pulled directly from the Louisiana Gaming Control Board Annual Reports

Source:

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Monthly Sports Betting Growth in Louisiana

Taxes

Data is pulled directly from the Louisiana Gaming Control Board Monthly Reports

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Louisiana Sports Betting Revenue

Louisiana’s sports betting market has shown steady growth since launch, with significant jumps in both handle and tax revenue over the past two years, reflecting increased participation and higher operator margins.

2021–2024 Sports Betting Revenue

Year	Handle ($)	GGR ($)	Hold %	Tax Revenue ($)
2021	67,388,583	6,710,940	10.50%	1,006,641
2022	2,302,509,284	228,038,413	9.64%	34,205,762
2023	2,905,138,040	289,778,947	9.86%	43,466,842
2024	3,699,647,883	461,224,426	12.35%	66,014,538

2025 Monthly Sports Betting Revenue

Month	Handle ($)	GGR ($)	Hold %	Tax Revenue ($)
Jan 2025	382,873,920	40,891,535	10.68%	5,923,633
Feb 2025	381,244,368	47,606,303	12.49%	7,034,948
Mar 2025	386,427,937	27,878,099	7.21%	4,086,575
Apr 2025	343,838,482	38,429,589	11.18%	5,833,885
May 2025	300,668,112	45,598,285	15.17%	6,715,421

Latest Updates in Louisiana Sports Wagering

June 18, 2025 – Governor Landry signs HB 639 into law, increasing the online sports betting tax rate from 15% to 21.5%, effective August 1, 2025. (yogonet.com)
June 8, 2025 – Louisiana legislators approve a tax hike on sports gambling to subsidize college athletics via the new SPORT Fund, estimated to generate ~$77 million annually. (AP News)
November 11, 2024: Louisiana state representative Roger Wilder proposes a bill to increase the online sports betting tax rate to 51%, matching the rate in New York. Wilder's bill was deferred and did not reach the means committee or Governor Jeff Landry's desk (Louisiana Illuminator, 2024).
April 1, 2024: The Louisiana Gaming Control Board bans in-state college prop betting, with the ruling going into effect on August 1 (Snell and Wilmer Law, 2024).
February 28, 2022: Louisiana sports betting handle reaches $211 million in the state's first full month with online sports betting (Gambling.com , 2022).
January 28, 2022: Online sports betting goes live in Louisiana.
October 6, 2021: The first legal sports bet is placed in the state by former New Orleans Saints star Joe Horn (NOLA.com , 2021).
November 3, 2020: Louisiana voters back a ballot measure to legalize sports betting. It earns majority support in 55 of the state's 64 parishes (Ballotpedia.org , 2020).

Louisiana Snapshot

Key Aspect	Details
Population	Approximately 4,559,480 residents as of 2024. (World Population Review, 2024)
Political Affiliation	Strongly Republican, the state has a Republican trifecta, controlling the governorship and both legislative chambers. (270towin.com, 2024)
Year Sports Betting Legalized	Gov. John Bel Edwards signed Senate Bill 247 on June 21, 2021.
Number of Sportsbooks Operating	Eight licensed online sportsbooks: DraftKings, BetMGM, FanDuel, Caesars, ESPN Bet, BetRivers, Bet365, and Fanatics Sportsbook.
GGR 2025 (Jan-May)	$200,403,811
Handle 2025 (Jan-May)	$1,795,052,819
Professional Sports Teams	Louisiana has two major professional teams. The New Orleans Saints (NFL) and the New Orleans Pelicans (NBA).

FAQs

Basics

When was sports betting permitted in Louisiana?

Sports betting was permitted on April 5, 2021, with online wagering beginning in January 2022.

How many sportsbooks operate in Louisiana?

There are eight sportsbooks: DraftKings, BetMGM, FanDuel, Caesars, bet365, BetRivers, ESPN Bet, and Fanatics Sportsbook.

What is covered on this page?

This page provides a breakdown of Louisiana's sports betting market, including handle, revenues, and operator updates, all backed by official reports. (Louisiana Gaming Control Board, 2024)

Recent Market Information

What was Louisiana’s total sports wagering handle in 2023?

According to the Louisiana Gaming Control Board reports, the state reported a wagering handle of $2,905,138,040.00 in 2023.

How much revenue was generated in 2023?

Louisiana’s gross gaming revenues in 2023 totaled $289.7 million, with $43.4 million collected in tax revenue.

Sol Fayerman-Hansen

Editor-in-Chief

Sol Fayerman-Hansen is Editor-in-Chief at RG.org with 20+ years of experience in sports journalism, gambling regulation, and tech. His work has appeared in Forbes, ESPN, and NFL.com, covering U.S. and Canadian gambling laws, major sports events, and wagering trends. Since 2023, Sol has led RG.org’s global editorial efforts, focusing on transparency, data accuracy, and regulatory insight. He works closely with researchers and legal experts to uphold E-E-A-T and Trust Project standards.📍 Israel/Canada 🌐 English, Hebrew 🎯 Gambling law, responsible gaming, tech in betting

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