Louisiana online betting handle reaches record $245.2m in January
| By Robert Fletcher
Consumers in Louisiana wagered a record $245.2m on sports in January, although revenue in the market declined month-on-month.
The total spent by players was 505.4% up from $40.5m in January 2022, although the state’s legal online betting market only opened towards the end of that month.
The monthly handle was also 12.1% higher than in December 2022 and 4.9% ahead of the previous record of $233.7m set in November.