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Posted on: February 24, 2021, 03:37h.
Final up to date on: February 24, 2021, 05:19h.
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In January, for the second month in a row, the sportsbooks at Arkansas’ three casinos every took in additional than $1 million in bets. The casinos additionally had a successful month from “terminal” gadgets equivalent to slot machines.
A person locations a sports activities bet at a kiosk at Southland On line casino Racing in West Memphis, Ark. For under the second time, every of the state’s on line casino sportsbooks took in $1 million or extra in wagers in the identical month. (Picture: Industrial Enchantment)
Southland On line casino Racing in West Memphis once more had the most important sports activities wagering deal with of the state’s casinos in January, based on the Arkansas Racing Fee. The “deal with” refers back to the amount of cash wagered.
Southland is a on line casino and canine monitor throughout the Mississippi River from the bigger Memphis, Tenn., metropolitan space.
Southland collected greater than $3.7 million in sports activities bets in January, or about $400,000 greater than the earlier month. After paying the bettors whose wagers received, the on line casino’s internet win was $713, 670. That is about $23,000 greater than in December.
Additionally in January, Southland’s internet win at terminal gadgets topped $19.9 million, or $3.2 million greater than in December.
Even with a big sportsbook deal with in January, Southland collected fewer bets final month than in October. Throughout October, Southland’s sportsbook deal with topped $4 million.
This decline might be due to Southland’s proximity to Tennessee. In November, Tennessee started to permit cellular sports activities betting inside its borders. Some individuals who may need wagered on athletic occasions at Southland might be utilizing their smartphones to position bets on the Tennessee aspect of the river as a substitute.
Cell sports activities betting shouldn’t be permitted in Arkansas.
Oaklawn Racing Underway
The sportsbook at Oaklawn On line casino Resort collected greater than $2.1 million in wagers in January, about $140,000 greater than in December. After winners have been paid, the sportsbook made about $157,000 greater than the earlier month.
The on line casino additionally netted greater than $8.7 million from terminal gadgets in January, or $1.5 million greater than in December.
Oaklawn is in Sizzling Springs, about an hour southwest of Little Rock, the capital metropolis. For many years till the Nineteen Sixties, casinos operated illegally however brazenly in Sizzling Springs. The nation’s most infamous mobsters vacationed there, together with Al Capone, Benjamin “Bugsy” Siegel, and Frank Costello.
Now the one authorized on line casino within the space is at Oaklawn, additionally residence to a horse monitor with a distinguished racing historical past. The annual Arkansas Derby at Oaklawn is seen as an vital prelude to the Triple Crown races.
This yr’s 57-day racing season is underway now at Oaklawn and ends Might 1. A restricted variety of followers are allowed to attend stay races.
Profitable Hand in Pine Bluff
In Pine Bluff, Saracen On line casino Resort took in additional than $1.3 million in sports activities bets in January. This determine is about $300,000 greater than the earlier month. After payouts, Saracen collected about $50,000 extra from sports activities betting in January than in December. December and January have been the primary two months Saracen topped $1 million in sports activities wagers.
With a internet win of greater than $8.7 million from terminal gadgets, Saracen netted about $1.5 million extra from the machines in January than within the earlier month. Saracen additionally introduced in $73,483 in poker income, based on the Arkansas Racing Fee.
Pine Bluff is about 45 minutes south of Little Rock.
In Arkansas, casinos pay 13 % tax on gaming income below $150,000. Above that, the tax is 20 %.
A fourth on line casino has been licensed for Russellville, however is tied up in a authorized dispute.
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