South Dakota’s October sports betting revenue down over 73 percent year-over-year
Sports Game · 2024-11-25

South Dakota’s October sports betting revenue down over 73 percent year-over-year

South Dakota retail sportsbooks generated more than $45,000 in revenue in October, a drop of 73.8 percent from October 2023. The sports betting handle also dropped from $1 million to around $915,000.

The South Dakota Department of Gaming report for October revealed the NFL was the most bet on sporting event in October, attracting nearly $408,000 in wagers. That’s no surprise, given a Tin Lizzie Gaming Resort representative recently declared how much the casino was generating in NFL wagers in September.

However, the state’s sportsbooks lost more than $35,000 from NFL betting. In October, three other sports generated negative revenues for statewide sportsbooks: Formula 1, Major League Baseball and PGA golf. However, these sports each created a loss of less than $2,000.

The largest revenue generator was NCAA football, which brought in more than $47,000 for state sportsbooks, more than the final total of revenue generated when including losses.

Meanwhile, South Dakota’s casino statistics showed $13.5 million in revenue from slot machines and table games, an 8.4 percent decrease from the $14.8 million collected in September. However, it showed a 6.4 percent growth on the $12.7 million generated in October 2023.

 

Popular articles
Gaming & Technology Expo Makes a Powerful Entrance in CDMX
Marketing
Brazil Proposes Raising Gambling Tax Rate to 24%, With Revenue Allocated to Social Security and Healthcare
Regulation
Indiana online casino bill stalls in House committee
Regulation
Vietnam's tightening online gaming policy creates new market opportunities
Southeast Asia
Zenith partners with HUIDU for 2026 World Cup Carnival Official Tour
Online Game
GAT Expo CDMX 2026 Kicks Off Today in Mexico with a Sold-Out Opening Reception at Big Bola Casino Santa Fe
Marketing
SBC Summit Canada to Make Player Safety a Key Pillar of 2026 Agenda
Marketing
DB Gaming Is One of Asia’s Top-Tier Game Solution Providers, Recognized as a Pioneer in the Asian Gaming Industry.
Marketing
PropellerAds Shared a New iGaming Case Study: 97,674 Installs and 12,701 Deposits in 3 Months
Marketing
British gambling levy rates confirmed for each vertical
Regulation
Online gambling, crypto pose ongoing money laundering risks in Philippines, analyst says
Southeast Asia
UK MPs reopen 2025 gambling inquiry as reform stalls
Regulation
What’s on the SBC Summit Conference Agenda in 2026?
Marketing
Are you ready to maximize your earnings? Try ProPush.me Constructor!
Marketing
Institutional Academy that exceeded expectations marked the opening of GAT CDMX
Online Game
Home
Game
Cooperation
Find
My