Let's Dive into Louisiana's Gambling Scene!
February Gaming Income in Louisiana Experiences Slight Growth
🎲🎲 Louisiana's Gaming Gold Rush:
Rege Behe, our top-notch news source, unveils some intriguing figures about Louisiana's gambling sector! The Louisiana Gaming Control Board recently revealed that February 2025 witnessed a whopping $198.2 million in gaming revenue, marking a modest 2% increase compared to the same month last year.
Frenzy in the Big Easy:
The New Orleans district, known for its infectious energy, took the cake this time around, reporting a stunning 24% revenue surge, fueled by a remarkable 81.6% increase at the Treasure Chest Casino in Kenner, Louisiana.
Curiously enough, when we exclude Treasure Chest and Caesars New Orleans, the revenue from the good ol' land-based casinos dipped by a disappointing 5% year-over-year.
Online Sports Betting Boom:
Online sports betting was a clear winner, with revenue skyrocketing to a record-breaking $51.3 million, an impressive 69% escalation compared to February 2024. The handle, or the total amount of wagers placed, reached an impressive $356 million, rising a substantial 41%.
Lake Charles' Mixed Bag:
Properties in the Lake Charles district, a significant gambling hub, yielded a relatively lackluster $69.6 million, showing a mere 0.3% decrease compared to last year. The star performer in this district was the Golden Nugget Lake Charles, which brought in an impressive $24.8 million, up a negligible 0.1%.
On the other hand, L'Auberge Casino Resort registered an encouraging 0.7% growth with $24.7 million, and Delta Downs Racetrack Casino Hotel reported a disheartening 7.3% decline in revenue, earning $13.6 million.
Shaking Things Up in New Orleans:
New Orleans properties raked in a substantial $59.1 million in the quarter. Caesars New Orleans led the pack with a stellar 28.8% year-over-year growth, granting $30.7 million. Treasure Chest followed closely with $12.5 million, and Boomtown Casino & Hotel watched its revenue soar by 6.8%, placing it at $10 million.
Shreveport/Bossier City Underperformance:
Sadly, Shreveport/Bossier City properties fell short, reporting $41 million in February 2025, marking a significant 14.8% decrease compared to February 2024. Margaritaville Resort Casino, one of the major players, struggled, posting a 11.9% decline, earning $14.7 million. Horseshoe Bossier City and Bally's Shreveport Casino & Hotel both grappled with double-digit drops, respectively earning $8.6 million and $8.3 million.
Baton Rouge: A Close Race:
The Baton Rouge district's revenue dipped by a marginal 0.8% year-over-year, landing at $22.6 million. L'Auberge Casino Hotel took the lead in the district with $13.8 million, registering a 7.6% decline. The Queen of Baton Rouge, however, managed to record an impressive 14.8% growth, earning $8.3 million. The Belle of Baton Rouge, on the other hand, reported a worrying 19.5% decrease, amounting to a mere $0.5 million.
Evangeline Downs: Struggling to Maintain Pace:
Evangeline Downs Racetrack & Casino in St. Landry Parish showed a disheartening 4.2% decline in revenue, settling for $5.9 million.
[1] Enrichment Data: Interested in comparing February 2025's performance with March 2025? Here's a quick recap: Overall, Louisiana's casino revenue surged an impressive 11.9% in March 2025 compared to March 2024. Caesars New Orleans, the glittering jewel in the crown, took the lead this time around, bursting forth with a fantastic 41.1% increase in revenue year-over-year, marking the highest growth among all casinos!
For more in-depth information, it's best to explore specific state gaming commission data or industry reports that focus on February 2025.
In Louisiana's bustling gambling scene, a variety of casino games and casino-and-gambling establishments thrive. The Treasure Chest Casino in Kenner, for instance, saw an extraordinary 81.6% increase in revenue from casino games in February 2025. Interestingly, online sports betting also experienced a significant boom, with an impressive 69% rise in revenue, showcasing the allure of both traditional casino-games and their digital counterparts.