Arkansas Sports Betting Follows National Trend With April Swoon

Arkansas Sports Betting Follows National Trend With April Swoon
Fact Checked by Thomas Leary

The April drop in sports betting activity that’s typical nationwide held firm in Arkansas last month.

Even the state’s non-sports casino numbers declined compared to March.

The three Arkansas sportsbooks combined for $25,452,659 in total sports betting handle, or amount wagered. That was a 32.1% decrease from March ($37,474,412).

Arkansas Sports Betting, April vs. March

Total handle Mobile handleRevenue
April $25.453M $21.893M $2.336M
March $37.474M $31.943M $4.264M
Change Down 32.1% Down 31.5% Down 45.2%

Breakdown of Arkansas Sports Betting for April

The statewide mobile sports betting handle was down 31.5%, from $31,942,593 in March to $21,893,397 last month.

The combined sports betting net win was $2,336,023 in April, down 45.2% from the Arkansas March betting revenue of $4,264,047, which set a state record. The mobile sports betting revenue fell 43.3%, from $3,452,709 the previous month to $1,959,339 in April.

As for each individual operator’s online sports betting handle, the BetSaracen app from Saracen Casino Resort in Pine Bluff led the state last month with $13.38 million. The retail sportsbook took just $494,185.50 in bets.

The Betly app from Southland Casino in West Memphis took just over $6 million in sports bets in April while the physical casino had about $1.87 million in handle.

Oaklawn Racing Casino Resort in Hot Springs, using technology from the Kambi Group, recorded $2.48 million in online wagers and about $1.19 million from in-person bets.

Arkansas collected $349,633 in taxes derived from sports betting last month, down 44.2% from March ($626,042). Of that, $283,910 came from mobile operators.

Major national sports betting brands have steered clear of Arkansas to this point. So for now there is no BetMGM Arkansas Sportsbook, nor similar offerings from DraftKings, FanDuel or Caesars.

Arkansas Casino Gaming Numbers Also Fall

Outside the realm of sports, the April casino handle (or terminal wagers as the report from the Arkansas Racing Commission calls it) for the three casinos combined was $671.7 million for April. That was a 5% decline from the $707.25 million reported in March.

The casino revenue, or net win, was down 6%, from $54.8 million in March to $51.53 million for April.

No major national operators run sportsbooks in Arkansas, a state which asks those companies to share a high revenue rate with the casinos. If the law changes, turn to BetArkansas for the best Arkansas sports betting promo codes that you can use any time.



Jim Tomlin edits and writes about sports, gambling and the intersection of those two industries. He has 30 years of experience with companies such as the Tampa Bay Times, FanRag, Saturday Down South and Saturday Tradition. He now lends his expertise to, among other sites.

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