Louisiana sees casino and racetrack slot revenue fall to $174.5m

November 17, 2023

Mobile sports betting, however, has increased year-on-year from just under $26m to $39.2m.

Louisiana has reported its casino and total sports betting revenue for the month of October, which reached $174.5m (down 2.5% year-on-year) and $42.5m, (up a significant 40%) respectively.

Casino revenue is made up of riverboat and land-based casinos, as well as from revenue generated by slot machines at racetracks.

Harrah’s New Orleans Casino, the only venue in the Louisiana Gaming Control Board’s (LGCB) land-based category, generated $19.6m in gross gaming revenue, down 12.1% year-on-year and down 5.1% month-on-month. The LGCB fiscal year begins July 1, showing a year-to-date revenue of $75.8m, down 13% from the same period in 2022.

The riverboat casino category covers 15 gaming venues, which made a total of $132.5m, up slightly by 1.2% year-on-year, but down by just under 5% month-on-month. The venue that brought in the highest total was Golden Nugget Lake Charles with $23.6m, though this was down from $25.9m, which it made in both the previous month as well as during October last year.

Slots at racetracks brought the Pelican State $22.4m in October this year, down from $25.1m in September, and down from $25.7m in October of 2022. The racetrack that generated the most slot revenue was Delta Downs, which made over double the next-highest generating venue, bringing in $10.9m.

Retail sportsbooks brought in $3.3m, down 27.6% from October 2022. The most bet-on individual sport from retail locations was baseball, though parlay bets were the most popular overall. Mobile sportsbook revenue amounted to $39.2m, up from just under $26m in October the previous year. Parlays were still the most popular bet type with football as the most popular individual sport.

Louisiana also reports totals for its video gaming devices, found in bars, restaurants, hotels, truckstops and other locations. This is not included in the gaming total of $174.5m, but brought the state an additional $59.4m in revenue (though this is down by 5.7% year-on-year and down by 1.2% from September).


Product Spotlight


Things get unruly in the company of some fleecy characters in the new Konami Gaming’s new Unwooly Riches slot series.

The top 5 properties that changed Las Vegas

Regular Gaming America contributor Oliver Lovat joins Tim Poole on the Huddle to discuss his 5 properties that changed Las Vegas - giving every resorts an influence rating out of 10. The question is: do you agree?


Peter Schoenke - Sports betting is here... but fantasy sports keeps growing

Peter Schoenke joins Tim Poole on the Huddle to discuss all things fantasy sports. His brand, RotoWire, is at the intersection of the affiliate and fantasy worlds, generating revenue from subscriptions, providing APIs to operators and via affiliate marketing. We discuss:

Within the states of Florida and California, Tribal gaming finds itself in a fascinating position. In Florida, only the Seminole Tribe, and Hard Rock, can provide mobile sports betting, with continued legal challenges f...

Viewpoints: Discussing the use of player loyalty programs
Industry experts answer Gaming America's burning questions on all things related to Tribal operators and player loyalty programs, including Rymax, CasinoTrac, OIGA, Mohegan and Choctaw Nation of Oklahoma.
Sports betting regulation in Brazil: What can we expect?
Mattos Filho's Fabio Kujawski speaks to Gaming America about the uncertainty surrounding Brazil's roadmap to regulation and the need for a singular gaming authority.
Going private: Gaming's new standard?
A state of neo-IPO: Gaming America investigates, as more and more companies come off the public market.
Soloviev Group CEO: Moving to New York
The Soloviev Group, in collaboration with Mohegan, continues to wait on the NYGC for approval on its Freedom Plaza project. Gaming America spoke with Soloviev Group CEO Michael Hershman to learn more.