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In February, the gaming handle for casinos in Arkansas reached $633.3 million

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1 year ago

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Casino revenue in February reached $49.5m.

Arkansas’s sports betting handle was $29.5m.

According to the Arkansas Department of Finance and Administration, the casino handle in Arkansas reached $633.3 million in February, showing a 5.6% increase from January. Casino revenue was $49.5 million.

However, the sports betting handle was $29.5 million, indicating a decrease of 40.4% from January. Out of this, 84% ($24.9 million) was generated online. The mobile sports betting handle also dropped by 4.9% compared to January, and the revenue from mobile sports betting fell by 38%.

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In January, Pulaski County Magistrate Judge Timothy Fox ruled that the licenses of Cherokee Nation Businesses and Legends Resort and Casino were invalid, stating that it violated the Arkansas constitution. The judge also opined that Legends Resort and Casino lacked casino gaming experience and was therefore not suitable for a license.

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Jerome, a valuable addition to the Gamingo.News team, brings with him extensive journalistic experience in the iGaming sector. His interest in the industry was sparked during his college years when he participated in local poker tournaments, eventually leading to his exposure to the burgeoning world of online poker and casino rooms. Jerome now utilizes his accumulated knowledge to fuel his passion for journalism, providing the team with the latest online scoops.

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