Louisiana Gaming Revenue Reaches $198.2M in February, Up 2%

Louisiana Gaming Revenue Reaches $198.2M in February, Up 2%

The Louisiana Gaming Control Board released its February gaming revenue report, showing total earnings of $198.2 million, reflecting a 2% year-over-year increase. The New Orleans gaming market saw the most significant growth, posting a 24% revenue jump, largely due to an 81.6% rise at Treasure Chest Casino in Kenner.

New Orleans Sees Strongest Gains

The New Orleans district led all markets in February, driven by notable growth at Treasure Chest Casino, which saw an 81.6% revenue increase. Caesars New Orleans also contributed, while overall revenue in the district climbed 24%.

Excluding Treasure Chest and Caesars New Orleans, land-based casino revenue saw a 5% decline compared to the previous year.

Online sports betting continued its upward trend, generating $51.3 million in revenue—a 69% increase from February 2024. The total handle reached $356 million, marking a 41% rise.

Regional Casino Performance

Properties in the Lake Charles region brought in $69.6 million, nearly flat from last year with a slight 0.3% dip. Golden Nugget Lake Charles posted revenue of $24.8 million, up just 0.1%, while L’Auberge Casino Resort earned $24.7 million, reflecting a 0.7% gain. Delta Downs Racetrack Casino Hotel reported a decline, with revenue falling 7.3% to $13.6 million.

The district recorded $59.1 million in gaming revenue. Caesars New Orleans in Louisiana saw a 28.8% increase, reaching $30.7 million. Treasure Chest Casino generated $12.5 million, and Boomtown Casino & Hotel earned $10 million, reflecting a 6.8% gain.

The Shreveport/Bossier City market experienced a downturn, with total revenue dropping 14.8% year-over-year to $41 million. Margaritaville Resort Casino posted $14.7 million, a decrease of 11.9%. Horseshoe Bossier City saw revenue fall 18.5% to $8.6 million, while Bally’s Shreveport Casino & Hotel earned $8.3 million, down 12.1%.

Baton Rouge properties brought in $22.6 million, reflecting a slight 0.8% decrease. L’Auberge Casino Hotel led with $13.8 million, down 7.6%. The Queen of Baton Rouge saw gains, reaching $8.3 million, an increase of 14.8%. The Belle of Baton Rouge saw a sharp decline, reporting only $0.5 million, a 19.5% drop.

Other Notable Performances

Evangeline Downs Racetrack & Casino in St. Landry Parish reported $5.9 million in revenue, reflecting a 4.2% decline compared to February 2024.

Source:

‘’Gaming Revenue Reports’’lsp.org.

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