In September, the state of Arkansas witnessed a remarkable surge in sports betting, with a record-breaking handle of $21 million. This marked a significant increase from the previous record set in June, which stood at $12 million. The introduction of mobile sports betting played a pivotal role in driving this surge, providing a convenient and accessible platform for bettors.
Mobile Sports Betting Revolutionizes Arkansas Gambling:
Since its inception on March 5, mobile sports betting has revolutionized the gambling scene in Arkansas. This cutting-edge technology has transformed the way people place their bets, contributing significantly to the remarkable growth in the state’s wagering activity. With the convenience of betting on the go, bettors have flocked to mobile apps, resulting in a staggering $9.54 million in wagers through Saracen Casino’s app alone. This figure accounted for almost half of the total statewide handle in September, indicating the immense popularity and success of mobile sports betting.
Saracen Casino Leads the Charge:
Among the three prominent casinos in Arkansas, Saracen Casino in Pine Bluff emerged as the clear frontrunner in September. The casino recorded the highest handle, amounting to an impressive $10.48 million. The strategic utilization of its mobile app proved instrumental in attracting a substantial number of bettors, contributing significantly to the casino’s success. With such robust figures, it is evident that Saracen Casino has become a gambling hub in the state, further solidifying the appeal of sports betting.
The Football Season Effect:
The arrival of September also marked the beginning of the highly anticipated football season, which significantly influenced the surge in sports wagers. Scott Hardin, spokesperson for the Arkansas Department of Finance and Administration, pointed out that this seasonal trend was expected. However, the extent of the increase surpassed all predictions, with a staggering $21.18 million wagered in September. This figure exceeded the previous record by an astonishing $8.5 million, highlighting the state’s growing enthusiasm for sports betting.
The Overall Impact:
Since the legalization of sports betting in 2019, Arkansas has witnessed a total of more than $209 million in bets placed. This substantial figure underscores the immense potential of the gambling market in the state. The record-breaking handle in September, coupled with the cumulative wagering amount, emphasizes the positive impact of legalized sports betting on the state’s economy and revenue generation.
Arkansas has experienced a momentous surge in sports betting, with the September handle reaching an unprecedented $21 million. The advent of mobile sports betting has played a pivotal role in driving this growth, providing bettors with a convenient and accessible platform to place their wagers. Saracen Casino’s stellar performance, recording a handle of $10.48 million, further highlights the success of mobile betting. With the football season acting as a catalyst, the state’s enthusiasm for sports betting continues to reach new heights. As the numbers suggest, Arkansas’s foray into legalized sports betting has been a resounding success, promising continued growth and prosperity in the gambling industry.