Louisiana Sports Betting
Mobile/Online Retail
State Market Snapshot
Authorized Operators
FanDuel DraftKings BetMGM Caesars bet365 theScore Bet Fanatics BetRivers
Market Notes
- Handle and growth: Louisiana generated a record $4.12–$4.24 billion in total sports betting handle for calendar year 2025 (up ~11–15% from 2024). Early 2026 volumes have been softer, with February 2026 at $305 million (down ~20% YoY) and Q1 2026 showing a ~7% overall decline. The market remains strong per capita, driven by NFL, college football, and basketball, but faces typical post-football seasonal drops.
- Market split: Mobile continues to dominate at ~94–95% of handle across 8–10 online skins (FanDuel, DraftKings, BetMGM, Caesars, bet365, Fanatics, and others). Retail accounts for the remaining 5–6% at approximately 20 casino and racino sportsbooks.
- Hold and tax: Statewide hold has averaged 10–12% recently. Online operators pay 21.5% tax on GGR (increased in 2025), while retail pays 10%. This generated roughly $90–$95 million in state tax revenue for 2025, directed to the general fund, early childhood education, local governments, college athletics support, and problem-gambling programs.
Regulatory note: - Regulatory note: The Louisiana Gaming Control Board actively enforces the sports wagering catalog and issues advisories (including on prediction markets and events like the 2026 Winter Olympics). Offshore enforcement continues. The market remains stable with no major legislative changes in 2026; the higher online tax rate supports expanded funding for college sports programs.