- The South Dakota Commission on Gaming released their first sports betting revenue report Tuesday, showing a total handle of $443,365.
- The NFL received the bulk of the action in September, with Deadwood taking in over $275,000 in NFL wagers in the month of September.
DEADWOOD, S.D. – South Dakota released their first ever legal sports betting revenue report Tuesday after the state launched a regulated sports betting industry in the city of Deadwood on September 9.
The report, issued by the South Dakota Commission on Gaming, showed a combined sports betting handle of $443,365 for the month of September at the four sportsbooks available in Deadwood.
The monthly report also detailed the proportion of that handle that was bet on each sport. By far the most popular sport to bet on in Deadwood is the NFL, which received over $275,000 in wagers.
College football was the second most popular sport to wager on with over $130,000 in handle. MLB received over $30,000 in wagers, while every other sport received less than $2,000 in handle.
The $443,365 was a solid handle for a newly-launched legal sports betting industry in less than a month; however, the South Dakota sports betting industry has some growing to do in order to catch up with the biggest money makers for the state.
In the same report, the South Dakota Commission on Gaming reported over $145 million in slot machine wagers in Deadwood, plus over $7 million in table game handle.
South Dakota has a unique sports betting industry, as the industry is confined to land-based facilities in Deadwood only. This will inevitably bolster the city’s hospitality industry, but may make it difficult for South Dakota to see large increases in sports betting handle month-to-month.
The South Dakota Commission on Gaming will release another report for October, which will allow more insight into the growth of the industry.