The Louisiana Gaming Control Board reported casino revenue of $174.9m in September, a 2.9% increase year on year. New Orleans district properties generated $44.3m, up 11.9%, while Lake Charles revenue fell 5% to $63.7m.
The results give Louisiana casino operators and investors a district-level view of September revenue changes.
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Louisiana casinos recorded July revenue of $212.5m, a 7% annual increase, citing the Louisiana Gaming Control Board. Sports betting generated $36m in revenue on $280m in handle. Lake Charles recorded the highest district revenue at $76.8m, up 5.9%.
The Louisiana Gaming Control Board reported $180.2 million in statewide gaming revenue for January, up 10.5% year on year. Online sports betting revenue rose 9% to $51.1 million, while betting handle increased 12% to $355 million.
Kalshi sued Louisiana officials in federal court on 23 October, seeking to block enforcement against its sports event contracts. The company argued that the state’s new law criminalising unauthorised computer gambling and officials’ actions threaten its federally regulated products; the Louisiana Gaming Control Board said it does not comment on pending cases.
The Louisiana Gaming Control Board reported $201 million in gaming revenue for August, down 6.4% year on year. Sports betting generated $34 million from a $272 million handle, down 2%; the Baton Rouge district was the only listed district to record growth, rising 3.2% to $23.3 million.
It was reported that Louisiana gaming revenue increased 7.6% annually to $216.4m in June. Bally’s Baton Rouge generated $6.2m after moving onto land, compared with $0.9m a year earlier; excluding the property, statewide revenue grew 1.1%.