Casino Revenue Up Overall in Arkansas, Even With Fewer Sportsbook Bets

Arkansas’ casinos had a combined higher win summate during Apr than inward the previous month. This occurred despite a decline inward bets places at to each one casino sportsbook.

Overall, the leash licensed casinos inward AR won a combined $2.4 meg to a greater extent in April than in March, according to figures the Arkansas River Racing Commission released this week.

This revenue come follows a big winning month inward March, as the province emerged from February’s spartan overwinter weather. The casinos also benefitted during March from the nationwide rollout of COVID-19 vaccines and stimulus checks.

The threesome commercial casinos inward AR are Oaklawn Casino Racing Resort inward Hot Springs, Southland Casino Racing inward Benjamin West Memphis, and Saracen Casino Resort inwards Pine Bluff. type A quaternary gambling casino has been licensed for Russellville, but is tied up in a effectual dispute.

SportsBooks Down at Saracen, Table Games Up

In April, the winning run continued at Saracen. The resort won $1.9 billion more in Apr than the previous month.

Saracen experienced a cold-shoulder falloff at the sportsbook, which won near $123,000 to a lesser extent inward April than in March. Sportsbook revenue is dictated after winning bettors experience been paid off.

March is traditionally a strong sports-wagering month, with the NCAA men’s basketball tournament, known as “March Madness,” occurring during the month. The NFL regular season, which kicks off inwards September, generally is the busiest clip of the yr for sportsbooks.

In April, Saracen’s sportsbook handle lordotic to a lower place $1 million. The resort hotel reported $964,218 in bets placed, down from $1.45 billion inward March. The hold is the amount of money bet on sporting events. However, the casino posted higher net wins at tabularize games and on terminal devices such as slot machines.

Pine Bluff is well-nigh 45 proceedings southward of Little Rock, the great city. Little John Rock is inward the midpoint of the state.

Saracen was in the tidings this month with the installment of Evolv metal detectors on the property. The holiday resort ordered the devices after a shootout on the parking lot inward March that wounded a security guard. Two suspects were arrested inwards the incident and charged with first-degree battery.

Growth Continues at Oaklawn

Oaklawn also had an boilersuit cassino win in April, pulling in $660,807 more than inwards March. Its wins at terminal devices and tabular array games were upwards in April when compared to the previous month.

However, the sportsbook win come at Oaklawn was downward from $182,774 inward Mar to $172,062 inwards April.

Oaklawn’s sportsbook grip swayback infra $1 zillion inward April. The handgrip at the Hot Springs resort was $1.6 trillion in Mar but fell to $901,475 the next month.

Oaklawn recently completed a $100 one thousand thousand expansion, including an eight-story, 198-room hotel. Hot Springs is about an time of day southwestern of Little Rock.

Southland Construction Underway

Southland was the only when dimension that had a take down boilers suit win add in Apr than inwards March. It was down feather $178,101 inward April, after reporting let down win totals at tabularize games and depot devices.

Southland’s sportsbook handgrip also was bring down inwards April. The sports-betting handle at the property went from $2.88 trillion inward Mar to $2.20 one thousand thousand inward April. However, the sportsbook showed a higher win total, collecting $88,324 to a greater extent inwards Apr than the previous month.

By 2022, Southland plans to complete a 21-story hotel and supply more gaming space. The casino and dog track are crosswise the Mississippi River from the larger Memphis, Tenn., metropolitan area.

Southland is slated to death domestic dog racing at its rails next year, though the holiday resort testament remain to the full operational.