Louisiana sportsbooks report $25m July revenue on 13.6% hold
Louisiana's Gaming Control Board reported that sportsbooks generated $25m in gross revenue from $172.2m in wagers in July 2024. The statewide hold was 13.6%, while the state was eligible to tax $24m in adjusted gross revenue and collected $3.5m. Revenue rose 36.9% year on year, matching the increase in handle.
The figures show operators' July results and the tax revenue generated from Louisiana sports betting.