Louisiana’s Gaming Control Board reported $180.8m in gaming revenue for July, down 6% year on year. Online sports betting generated $23.5m from $172.0m in wagers, increases of 43% and 41% respectively compared with July 2023. Three of the state’s five gaming districts recorded revenue declines.
The figures give operators and investors a current view of Louisiana gaming revenue and online sports betting activity.
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Nevada Gaming Control Board chair Mike Dreitzer urged casino industry leaders in Las Vegas to oppose sports event prediction markets, saying they bypass state oversight. Louisiana Gaming Control Board chair Christopher Hebert said he agreed, citing the need to protect the public and compliant operators.
Louisiana’s Senate Bill 325 is awaiting action by Governor Jeff Landry after the state House speaker signed it, according to the report. The bill would let the Louisiana Gaming Control Board exclude people who threaten athletes with harm over gambling, subject to notice and a hearing. Operators could face licence or permit suspension or revocation for a pattern of deliberately failing to enforce the exclusion list.
Louisiana lawmakers approved Senate Bill 325 and sent it to Governor Jeff Landry, according to the report. The measure would require the Gaming Control Board to establish rules for excluding people who threaten those involved in sporting events in connection with sports betting. It would also allow sanctions against licensees that fail to enforce exclusions.
Louisiana’s Gaming Control Board reported $223.9 million in gaming revenue for April, up 11.3% year on year. Riverboat casinos generated $168.7 million, while mobile and retail sports betting recorded net proceeds of $42.8 million and $2.7 million, respectively.
The Louisiana Gaming Control Board reported $223.9 million in gaming revenue for April, an 11.3% increase. Sports betting revenue reached $48.6 million from a $338 million handle, with revenue up 20% year on year; Lake Charles led the state’s districts with $77.7 million in revenue.