Louisiana Gaming Revenue Registers Slight Improvement in February

According to the Louisiana Gaming Control Board's report on Tuesday, gaming revenue for February reached $194.6 million, a 1.0% rise from the previous year and a significant 19.3% surge from February 2023.

Notably, all gaming districts across the Bayou State experienced revenue growth compared to the same period in 2023, except for Lake Charles, which recorded a decline of 4.5%, and Evangeline Racetrack and Casino in St. Landry Parish, which saw a marginal decrease of 1.1%.

Online and retail sports betting performance:

• Online sports betting revenue surged to $30.4 million, boasting a formidable year-over-year spike of 39%.

• The handle increased to $253 million, a rise of 44% compared to February 2023.

• Retail sports betting contributed $0.8 million in revenue from a handle of $21.7 million.

Regional highlights:

• Lake Charles properties led with total gaming revenue of $69.8 million — Golden Nugget ($24.8 million), L’Auberge Casino Resort ($24.6 million), Delta Downs ($14.1 million), and Horseshoe ($6.3 million).

• Shreveport/Bossier district recorded $48.1 million, up 1.1%, with Margaritaville Resort Casino ($16.7 million), Horseshoe Bossier City ($10.5 million), and Bally’s Shreveport ($9.4 million).

• New Orleans district saw $47.7 million, up 4.4%, led by Harrah’s New Orleans ($23.8 million), Boomtown ($10.7 million), and Treasure Chest Casino ($6.9 million).

Baton Rouge growth:

• Baton Rouge achieved the highest year-over-year surge of 10.7%, reaching $22.8 million compared to $20.6 million in February 2023.

• L’Auberge Casino Hotel contributed $14.9 million, while the Queen of Baton Rouge added $7.3 million.

• The district’s performance underscores the steady expansion of Louisiana’s gaming market.

In conclusion, Louisiana’s gaming sector continues to show robust growth, fueled by strong online betting results and consistent performance across most major casino districts.