The Louisiana Gaming Control Board reported casino revenue of $230.8 million in March, down 4.8% year over year. Sports betting generated $50.5 million from a $392.5 million handle, up 59% year over year.
The figures give operators and investors a district-level view of Louisiana casino revenue and sports wagering.
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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.
Louisiana senator Katrina Jackson-Andrews withdrew Senate Bill 354 after a fiscal note projected that banning prop and micro bets could reduce state revenue. The analysis estimated up to $21 million in annual General Fund losses, alongside another $17 million for other programmes; prop and micro bets account for about 40% of online wagers and 13% of retail bets, according to the Louisiana Gaming Control Board.