South Dakota Gambling Handle Takes A Dip In December

Written By Tebearau Egbe on January 29, 2024
Man Dips In Ice Water

The total sports betting handle for December in South Dakota reached $1.1 million. This figure reflects an increase of 40% when compared to the total handle of $757,609 recorded in December 2022.

Moreover, it signifies an 18% increase from the November 2023 handle, which amounted to $967,993.

Highlights for South Dakota’s 2023 December gambling revenue

  • Table games handle totaled $8.1 million, up 26.45% from November
  • Sports betting handle grew by 18% from November, standing at $1.1 million
  • Slot machines reached $98.1 million, down 13.57% from November

Overall, the gambling handle for December reached $107,469,041.93, down 11% from November but up 18% from December 2022.

Slot machines and table games in December

According to South Dakota Gaming Statistics for December 2023, there was a yearly increase in slot machine handle. However, the data reveals a downtrend of approximately 13.57%, reaching $98.1 million compared to the previous month’s figure of $113.6 million.

In parallel, table games also significantly contributed to the overall activity, with handles totaling $8.1 million. This growth is around 32% from the figures reported in December 2022, which stood at $6.1 million.

Breaking the table games down:

  • Blackjack handled summed up to $3.6 million
  • Roulette was $296,445
  • Craps handle reached $611,835
  • House Banked Poker, which was the second highest, was $2.5 million
  • Player Banked Poker handle summed $1.0 million

NFL stood out as highest sports betting event in December

It did not come as a surprise, as the NFL took center stage as the most heavily wagered sport during December, boasting a substantial handle of $576,578. This marked a significant surge from South Dakota’s November 2023 sports betting handle of $414,744.

The statistical payout for the NFL reached $106,373, resulting in an average payout rate of 81.55%.

NCAA Football (NCAA FB) followed behind, contributing a total handle of $251,263. While this figure was slightly lower than the November handle of $293,823, it showcased the diverse range of sports betting preferences.

Hence, the NFL’s handle in December surpassed that of the NCAA FB by a notable 128% difference.

Other noteworthy events in the sports betting lineup included the NBA, which contributed $84,977 to the handle (up from $69,776 in November), the NHL with a handle of $20,639, and the MMA/UFC with a handle of $18,646.

Photo by PlayUSA
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Tebearau Egbe

Tebearau Egbe has written about gambling for more than four years. She has a Master's degree in philosophy and possesses a unique ability to dissect complex industry developments, distilling them into insightful narratives for readers.

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