Yes, sports betting in Louisiana is legal and regulated. Voters in 55 out of 64 parishes supported a referendum to legalize Louisiana sports betting in November 2020.
In June 2021, Governor John Bel Edwards endorsed Senate Bill 247 and House Bill 697, establishing the official framework for regulating and taxing both land-based and online sports wagering in the state.
Four months later, Louisiana sports betting goes live as Paragon Casino Resort launches a Betfred Sportsbook – the first retail sportsbook in the state.
Louisiana sports betting revenue
Louisiana sports betting began in November 2021 with retail betting, and online betting began in January 2022. The Bayou State generated $3.6 billion in total sports betting handle in 2024.
Below is an outline of Louisiana's sports betting figures over the years:
Louisiana annual data
| Year 📅 | Handle 💵 | Gross revenue 💰 | Hold % (average) |
|---|---|---|---|
| 2025 | $3,751,702,000 | $481,816,000 | 12.9% |
| 2024 | $3,699,656,883 | $464,989,089 | 12.6% |
| 2023 | $2,905,136,865 | $366,965,819 | 12.6% |
| 2022 | $2,299,760,918 | $214,334,604 | 9.30% |
Louisiana 2025 monthly data
| Month 📅 | Handle 💵 | Gross revenue 💰 | Hold % (average) |
|---|---|---|---|
| Jan | $382,873,920 | $53,668,017 | 14% |
| Feb | $381,244,368 | $53,876,140 | 14.1% |
| Mar | $386,427,937 | $31,796,443 | 8.2% |
| Apr | $343,838,482 | $40,667,102 | 11.8% |
| May | $300,668,112 | $47,515,426 | 15.8% |
| June | $245,347,399 | $32,473,723 | 13.2% |
| July | $226,678,137 | $31,675,272 | 14.0% |
| Aug | $271,416,105 | $34,362,210 | 12.7% |
| Sept | $367,720,000 | $45,393,000 | 12.3% |
| Oct | $430,839,000 | $49,157,000 | 11.4% |
| Nov | $414,649,000 | $61,232,000 | 14.7% |
Louisiana 2024 monthly data
| Month 📅 | Handle 💵 | Gross revenue 💰 | Hold % (average) |
|---|---|---|---|
| Jan | $346,320,907 | $52,696,465 | 15.2% |
| Feb | $274,775,955 | $31,152,229 | 11.3% |
| Mar | $350,006,557 | $37,700,995 | 10.8% |
| Apr | $283,059,884 | $40,367,859 | 14.3% |
| May | $256,659,997 | $34,711,724 | 13.5% |
| June | $212,056,544 | $27,221,159 | 12.8% |
| July | $184,543,537 | $24,235,120 | 13.1% |
| Aug | $234,512,847 | $25,447,524 | 10.9% |
| Sept | $351,679,502 | $55,224,101 | 15.7% |
| Oct | $401,847,954 | $42,817,957 | 10.7% |
| Nov | $413,465,532 | $58,209,106 | 14.1% |
| Dec | $390,727,667 | $35,204,850 | 9.0% |
Louisiana 2023 monthly data
| Month 📅 | Handle 💵 | Gross revenue 💰 | Hold % (average) |
|---|---|---|---|
| Jan | $282,269,901 | $35,729,570 | 12.7% |
| Feb | $197,709,561 | $23,295,088 | 11.8% |
| Mar | $249,279,453 | $32,318,327 | 13.0% |
| Apr | $209,746,932 | $23,414,940 | 11.2% |
| May | $195,123,855 | $29,860,212 | 15.3% |
| June | $160,083,233 | $13,621,060 | 8.5% |
| July | $134,757,491 | $18,282,477 | 13.6% |
| Aug | $153,933,704 | $18,137,683 | 11.8% |
| Sept | $280,093,549 | $43,143,474 | 15.4% |
| Oct | $308,613,008 | $43,338,752 | 14.0% |
| Nov | $356,479,622 | $29,304,005 | 8.2% |
| Dec | $377,046,556 | $56,520,231 | 15% |
Louisiana 2022 monthly data
| Month 📅 | Handle 💵 | Gross revenue 💰 | Hold % (average) |
|---|---|---|---|
| Jan | $89,732,385 | $7,982,840 | 8.90% |
| Feb | $238,413,596 | $27,316,419 | 11.50% |
| Mar | $232,730,341 | $30,943,063 | 13.30% |
| Apr | $208,255,060 | $6,140,843 | 2.90% |
| May | $171,135,819 | $25,691,302 | 15.00% |
| Jun | $132,438,015 | $10,891,261 | 8.20% |
| Jul | $118,329,243 | $20,729,894 | 17.50% |
| Aug | $128,251,857 | $9,713,993 | 7.60% |
| Sep | $201,553,881 | $32,263,110 | 16.00% |
| Oct | $255,528,321 | $30,694,282 | 12.00% |
| Nov | $268,638,967 | -$25,323,194 | -9.40% |
| Dec | $254,753,433 | $37,290,791 | 14.60% |
Louisiana sports betting at a glance
- Launch date: October 2021
- Regulator: Louisiana Gaming Control Board (LGCB)
- Latest reported month: September 2025
- Lifetime handle: $12,373,530,422
- Lifetime revenue: $1,489,800,905
- Last updated: December 24, 2025
Note: Louisiana reports sports betting revenue on a monthly basis. Figures below reflect combined online and retail wagering unless otherwise specified by the regulator.
About sports betting revenue in Louisiana
Louisiana legalized sports betting in 2021, with retail wagering launching later that year and online and mobile sportsbooks going live in January 2022 under the oversight of the Louisiana Gaming Control Board.
The state’s sports betting market is closely tied to its parish-based approval system, with wagering permitted only in parishes that voted to allow sports betting. Both retail sportsbooks and online/mobile platforms operate through licensed casino and racetrack partners, creating a hybrid market that blends traditional gaming access with modern mobile reach.
The Louisiana Gaming Control Board publishes monthly sports wagering reports detailing statewide handle, gross gaming revenue, and tax collections. These reports aggregate online and retail activity and provide ongoing visibility into how the market performs across approved parishes.
Rather than behaving as a single, uniform statewide market, Louisiana’s sports betting activity reflects a patchwork of regional engagement shaped by local approval, tourism patterns, and casino density. Its data is most useful for understanding how geographic fragmentation and destination-driven betting influence participation – offering insight that extends beyond simple population or access-based models.
How to read revenue numbers
- Handle represents the total amount wagered by bettors during the month.
- Revenue reflects sportsbook winnings after payouts, before expenses.
- Hold is calculated as revenue divided by handle, expressed as a percentage.
Monthly revenue can fluctuate significantly due to seasonality, betting mix, and the outcomes of major sporting events.
Louisiana sports teams you can bet on
Now that sports betting has fully arrived in the Pelican State, fans will be tempted to back their home team squads with their bankroll. The truth is, this could be a costly mistake.
Don’t let your hometown pride cloud your judgment, and always be sure to do your due diligence before betting on any team in any league.
Check out our how to bet guides for basic tips and advanced strategies.
Although no scheduled fights are coming to the Bayou State, the best UFC betting sites and top boxing betting sites allow you to easily browse the markets and back fighters you can cheer on as passionately as your hometown teams.
Louisiana sports betting law
Louisiana ushered in legal sports betting, including retail and online wagering, courtesy of HB 697 in June 2021. Take a closer look at the highlights of Louisiana sports betting:
- Customers must be at least 21 years of age.
- The Louisiana Gaming Control Board regulates land-based and online Louisiana sports betting.
- Up to 20 licenses to operate a sportsbook may be issued, and each licensee can acquire up to two providers or “skins.”
- Eight legal sportsbooks currently operate in Louisiana.
- College sports betting, including on in-state teams, is allowed in Louisiana.
- Wagering on esports is permitted under the legislation.
- Online betting revenue is taxed at 15%, with retail wagering revenue taxed at 10%.
Covers and credibility
We have had our finger on the pulse of the sports betting industry for more than 25 years. The sports betting revenue figures and statistics found here have been personally reviewed, verified, and fact-checked to ensure their validity.
News outlets turn to Covers for our earned reputation as a trusted and authoritative source of sports betting information. These are among the notable publications and media outlets that have referenced Covers.com and our industry experts.
More industry resources
As states continue to authorize legal sports betting — now 38 states plus DC, consult these informational websites for additional information on the sports betting industry:
- American Gaming Association (AGA): Organization dedicated to advancing the gambling industry's interests by promoting, educating, and advocating for responsible gambling.
- Professional and Amateur Sports Protection Act (PASPA): Supreme Court of the United States ruling.
- National Council on Problem Gambling: Those seeking help for a gambling problem can call 1-800-GAMBLER toll-free, 24/7.
Related sports betting revenue coverage
U.S. Sports Betting Revenue Tracker
Monthly Sports Betting Revenue by State: Arizona | Arkansas | Colorado | Connecticut | DC | Illinois | Indiana | Iowa | Kansas | Kentucky | Louisiana | Maine | Maryland | Massachusetts | Michigan | Missouri | Nevada | New Hampshire | New Jersey | New York | North Carolina | Ohio | Oregon | Pennsylvania | Rhode Island | Tennessee | Vermont | Virginia | West Virginia | Wyoming
Sports betting revenue tracker FAQ
The sports that generate the most sports betting revenue can vary depending on factors such as the sport's popularity, the betting market's size, and the timing and frequency of significant events. Football stands as the most popular sport for betting in the United States, with the NFL generating the highest revenue. The Super Bowl alone is one of the world's most-watched and bet-on sporting events. Basketball is also a popular sport for betting, particularly in the United States where the NBA lays claim to the top basketball league in the world.
Sports betting revenue varies greatly depending on the region, market, and size of the industry. However, in many jurisdictions, sports betting can generate significant revenue and contribute to the overall economy. Compared to other industries, sports betting revenue may not be as significant. For example, in 2020, the global video game industry was estimated to generate over $159 billion in revenue. Meanwhile, the global film industry was estimated to generate over $100 billion in revenue in 2020.
The popularity of select sports events cannot be overlooked, with the Super Bowl and World Cup among the largest betting events in the globe. Betting odds and lines also greatly impact the amount of revenue generated by sports betting. Other factors include technological advancements, including the live streaming of events.
The future of sports betting revenue hinges on additional markets legalizing sports betting, via mobile betting, land-based, or a combination of both. An uptick in legal U.S. markets will trigger increased revenues, while new bet trends including same game parlays and in-game wagering, unlocks more opportunities for customers.
Online sports betting has significantly impacted sports betting revenue, notably in states where it is legal and regulated. The rise of online sports betting has facilitated the customer experience, allowing people to place bets remotely or in-person from the event itself, leading to increased revenue for sportsbooks. Betting site operators can also reach a much larger audience and customer-base. Overall customer convenience plays a large part in driving up sports betting revenue.
Gross revenue represents the total amount of money a sportsbook takes in from all customer bets, and it includes the total value of all bets placed, regardless of whether the bets won or lost. In other words, gross revenue is the total amount of money a sportsbook earns from its customers. Net revenue, conversely, is the amount of money a sportsbook earns after deducting all its operating expenses. This includes things like salaries, rent, marketing expenses, and other costs associated with running the sportsbook. Net revenue is the profit a sportsbook makes from its operations.
Major sports events including the Super Bowl and World Cup have a significant impact on sports betting revenue. These events garner a lot of attention from fans, which leads to increased betting activity and higher revenue for sportsbooks. The Super Bowl alone is the largest single-day betting event on the sporting calendar, which generates millions of dollars in revenue for sportsbooks.
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