Revenues of Arkansas Casinos Increase As Football Season Is Underway

Revenues of Arkansas Casinos Increase As Football Season Is Underway

Three commercial casinos in the state of Arkansas saw large increases in sports betting in their sportsbooks in the month of September 2021. The largest increase in the sports betting book came to Oaklawn Racing Resort. This was stated by the Arkansas Racing Commission. The handle is the amount of money that is bet on sporting events and matches.

Oaklawn Racing Resort sees an increase in sports betting

The horse track and resort that is located in Hot Springs, Arkansas has seen the largest increase in money wagered on sporting events. A total of $ 2.85 million has been collected in bets on sporting events by the resort. This is an increase from August 201 to the extent of $ 1.85 million.

Oaklawn Racing Resort made $256,528 after payment was made to the bettors who won their bets at the sportsbook of the casino in September 2021. This is an increase from $90,272 that was collected in August 2021.

Reason for increase in revenue

The reason behind the sudden increase in revenue is the start of the football season in the United States. Collegiate as well professional football leagues started in the fall this year. Traditionally, NFL is the sports league in which most bets are placed in the United States. In states like Arkansas, football is an extremely popular sport. NCAA games attract a wide audience as well as a lot of betting on sports events.

Southland Casino Racing reports an increase in betting activity on its books

The casino that is located in South Memphis saw higher wagering on sports events in September 2021 as compared to one month earlier. The casino and dog track operator reported a sports handle of $2.79 million in September 2021. This figure is higher by $ 1.48 million in August 2021. After payment to the winners of the bets, the casino earned $282,968 in September. The figures for the same in August 2021 were $ 101,208.

About sherlock

Sherlock Gomes loves to write and express his views on anything related to Gaming, Gambling, & Casino. He has been covering Gaming for more than two years now.