Louisiana: Gaming revenue declines in October for ninth consecutive month

Thursday, November 16, 2023 8:26 PM
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  • Rege Behe, CDC Gaming

The Louisiana Gaming Control Board Thursday reported revenue from all sources of gambling in October of $174.5 million, a year-over-year decline of 2.5%. October’s revenue total marks the ninth straight month gaming in Louisiana has fallen on a year-over-year basis.

Retail sports betting revenue in Louisiana was $3.3 million in October on handle of $32 million.

The Lake Charles district led Louisiana properties with gaming revenue of $63.4 million, a year-over-year decline of 4.2%. Golden Nugget Lake Charles topped Lake Charles properties with $23.6 million in gaming revenue, followed by L’Auberge Casino Resort Lake Charles with $22.2 million. Delta Downs Racetrack Casino Hotel posted revenue of $10.9 million and Horseshoe Lake Charles generated $6.7 million.

Properties in the Shreveport/Bossier district reported revenue of $44.8 million, a year-over-year increase of 3.6%. Margaritaville Resort Casino earned $14.4 million in October, followed by Horseshoe Bossier City with $13.3 million and Bally’s Shreveport Casino & Hotel with $8.1 million.

New Orleans district casino revenue declined 12.2% year over year to $39.9 million. Harrah’s New Orleans generated revenue of $19.6 million, followed by Boomtown Casino & Hotel with $8.6 million and Treasure Chest Casino with $6.3 million.

Properties in the Baton Rouge district reported revenue of $20.6 million, a year-over-year increase of 13.3%. L’Auberge Casino Hotel led the district with $13.4 million in gaming revenue and the Queen of Baton Rouge reported an increase of 50.8% year over year, posting $6.4 million. The Belle of Baton Rouge reported revenue of $0.8 million.

Evangeline Downs Racetrack & Casino in St. Landry Parish generated $5.9 million, a year-over-year decline of 2.5%.

Rege Behe is lead contributor to CDC Gaming. He can be reached at rbehe@cdcgaming.com. Please follow @RegeBehe_exPTR on Twitter.