Louisiana’s Gaming Control Board reported $205 million in gaming revenue across all forms of gaming in November, an 11% increase year on year. Sports betting revenue reached $53.9 million, up 92%, while its handle was $381 million, an 18% rise from November 2023.
The figures give operators and investors a view of Louisiana gaming and sports betting performance for November.
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Louisiana casinos generated $246.2 million in revenue in May, an 8% year-on-year increase, according to the Louisiana Gaming Control Board. Bally’s Baton Rouge reported $6.2 million, up 591%; excluding that property, statewide casino revenue rose 5.7%. Sports betting revenue was $45.9 million, down 3%, from $318 million in handle, up 6%.
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.