Connect with us

Louisiana

US May round-up: Louisiana revenue grows while handle dips in New Hampshire

Published

on

US May round-up: Louisiana revenue grows while handle dips in New Hampshire


Casting an eye over the latest monthly US state results, iGB analyses further sports betting growth in Louisiana and an ongoing spending decline in New Hampshire.

Louisiana saw handle and revenue rise year-on-year during May. New Hampshire, however, reported lower revenue despite an increase in player spending.

Overall spend on sports betting in the state in May hit $256.7m (£203.1m/€240.1m), 31.6% higher than the same month last year. Of this total, $238.3m was bet online, with the other $18.4m wagered at retail sportsbooks.

Former Louisiana State University (LSU) national basketball champion Angel Reese signed to the WNBA team Chicago Sky in May at the start of the league’s four month season, this likely encouraged increased betting activity in the state during the month.

Advertisement

Revenue growth in Louisiana 

As for gross gaming revenue from sports betting, this totalled $33.5m. The figure is 18.8% up on the previous year and marginally ahead of $33.0m in April.

Online betting accounted for $31.2m of all sports wagering revenue in May. Revenue from the retail market amounted to $2.3m.

Parlay betting drew the most revenue across both channels, with online at $21.3m and retail $1.4m. For a single sport, basketball was the biggest money-maker for online at $2.2m, whereas baseball took top spot in the retail sector with revenue of $479,857.

In terms of tax, online betting generated $5.5m in May, with retail at $244,950.

For the year to date, total wagered in Louisiana hit $3.12bn during the 10 months to the end of May. This includes $2.85bn in online bets and $275.6m in retail wagers.

Advertisement

Revenue-wise, for the whole market, this hit $361.8m for the same period. Some $333.4m is from online betting and $28.5m retail wagering.

Handle down again in New Hampshire

Turning now to New Hampshire, total spend in May hit $58.0m. This is 11.3% higher than last year but down 3.2% from April. It is also the second consecutive month of decline in the state.

Players spent $51.7m betting online in April compared to the $6.3m wagered at retail books.

As for revenue, this topped $6.5m in May. This is 7.1% lower than last year, despite higher spending, but 22.6% more than April and its higher handle.

Of all revenue generated in May, $5.9m came from online betting and $652,270 the retail sector.

Advertisement

New Hampshire generated $2.8m in tax from sports betting during the month. This includes $2.5m from online wagers and $293,521 retail bets.

For the year to date, total spend in New Hampshire during the 10 months to the end of May was $703.7m. This comprises $616.9m in online wagers and $86.8m in retail bets.

In terms of revenue, the total generated in the same period hit $71.5m. This includes some $64.5m from the online sector and $7.0m retail.



Source link

Advertisement

Louisiana

Port of South Louisiana welcomes new leadership

Published

on

Port of South Louisiana welcomes new leadership


Julia Fisher-Cormier. (Courtesy)



The Port of South Louisiana on Thursday announced that Julia Fisher-Cormier has been selected as its new executive director.

The announcement follows a national search and a unanimous vote of a…


Advertisement

Already an INSIDER? Sign in.

Continue reading this story and get ACCESS to all our content from any device with a subscription now.


  • Get access to more than a decade of story archives.
  • Get access to our searchable data center of TOP LISTS.
  • Get exclusive content only available to INSIDERS.





Source link

Continue Reading

Louisiana

AG Liz Murrill’s office can hire husband’s law firm to defend death sentences, court rules

Published

on

AG Liz Murrill’s office can hire husband’s law firm to defend death sentences, court rules


Attorney General Liz Murrill’s office can employ the Baton Rouge law firm where her husband is a partner to help the agency defend death sentences, the Louisiana Supreme Court ruled Tuesday.

The decision in the case of condemned inmate Darrell Draughn of Caddo Parish clears the way for Murrill’s office to employ the Taylor Porter firm in other capital post-conviction cases as well.

Murrill has stepped into a host of post-conviction cases involving death row prisoners since Louisiana resumed executions in the spring after a 15-year hiatus. The Republican attorney general has said she’s intent on speeding up their path to the execution chamber, and a recent state law that Murrill supported forces many long-dormant challenges forward.

With the ruling, Taylor Porter attorneys are expected to enroll in more capital post-conviction cases for the attorney general. The firm currently represents the state in four such cases, according to Murrill’s office, under a contract that allows it to charge up to $350 hourly.

Advertisement

Among them is the case of former New Orleans Police Department officer Antoinette Frank, the only condemned woman in Louisiana.

Murrill’s husband, John Murrill, is one of about three dozen partners in the Taylor Porter firm. Capital defense advocates argued that the arrangement amounts to a conflict of interest.

Ethics experts say state law requires a higher stake than John Murrill’s 2.7% share of Taylor Porter to amount to a conflict. The state Ethics Board agreed in an advisory opinion in June, which the high court cited in its opinion.

The Louisiana Supreme Court earlier this year cleared Murrill’s office to represent the state in capital post-conviction cases when a district attorney requests it. Its ruling on Tuesday makes clear that the attorney general can outsource the work.

“Taylor Porter has been selected by the Attorney General pursuant to her clear statutory authority to hire private counsel to defend the warden and state. There is little as fundamental to a litigant as one’s ability to select the counsel of your choice,” the court stated.

Advertisement

Murrill says the government work done by Taylor Porter has been carved out from their income since she took office early last year.

“Neither my husband nor I profit off of this work. We won’t be deterred from our mission to see that justice is served, despite frivolous bad faith attacks from anti-death penalty lawyers,” Murrill said Tuesday in a statement.

Defense advocates, however, point to reduced funding for capital defense and a higher workload under the deadlines of the new state law. They say the state is paying outside lawyers at three times the rate of capital appeals attorneys.

“It’s just outrageous,” said James Boren, immediate past president of the Louisiana Association of Criminal Defense Lawyers.

“What is absurd is after the attorney general and governor and legislature decrease funding for capital defense, increase the workload, decrease the amount of time to do it, the attorney general’s husband’s law firm is awarded a contract for hundreds of thousands of dollars for less work.” 

Advertisement

Prosecutors and capital defense attorneys both say it’s unusual to see a private law firm step into a post-conviction proceeding for the state. Taylor Porter is one of three contractors doing post-conviction work for Murrill’s office, according to state records show.

While the court freed the firm, one of its lawyers remains barred from representing Murrill’s office on those cases. The ethics board found that Grant Willis, who previously led appeals for the attorney general, must sit out for two years. The blackout period for Willis ends next month.



Source link

Continue Reading

Louisiana

Goon Squad victim arrested by Louisiana Police, held without bond on multiple charges

Published

on

Goon Squad victim arrested by Louisiana Police, held without bond on multiple charges


TALLULAH, La. (WLBT) – One of the two Goon Squad victims who later won a civil suit against Rankin County and the Rankin County Sheriff’s Department was arrested by the Louisiana State Police Wednesday night.

According to officials, Eddie Terrell Parker is currently being held in the Madison Parish Jail without bond on at least two pages of charges.

These charges include multiple narcotics violations, possession with intent to distribute, felon in possession of a firearm, and carrying a concealed weapon.

No other information has been released at this time.

Advertisement

This is a developing story. More updates will come as further information is released.

Want more WLBT news in your inbox? Click here to subscribe to our newsletter.

See a spelling or grammar error in our story? Please click here to report it and include the headline of the story in your email.



Source link

Advertisement
Continue Reading
Advertisement

Trending