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Louisiana Casinos, Sports Betting Revenues Finish 2023 With Strong December

Louisiana gambling excelled in December, recording double-digit growth for riverboat and land-based casinos, racinos and online sportsbooks.

Riverboat Casino In Shreveport, Louisiana
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J.R. Duren Avatar
2 mins read

Louisiana casinos had an excellent December, recording double-digit growth for riverboat casinos, racinos, land-based casinos, and online sportsbooks, according to the latest data from the Louisiana Gaming Control Board.

December’s riverboat casino revenue

Louisiana is home to 14 riverboats that, as a group, bring in more revenue than racinos, land-based casinos, and sports betting combined.

Here’s what the numbers looked like this past month:

LA Riverboat Casino Revenue Dec 2023 Infograph

Louisiana’s casino industry is split into four regions: Shreveport/Bossier, Lake Charles, New Orleans, and Baton Rouge.

Lake Charles generates the most revenue monthly, typically followed by Shreveport/Bossier, Baton Rouge, and New Orleans.

This past month, the Lake Charles region generated $68.9. million in revenue, up 21.5%% over November. Shreveport/Bossier brought in $47.5 million, up 6.8%.

Baton Rogue came in at $22.4 million (up 9.1%), and New Orleans saw a 2.9% monthly growth on $19.3 million in revenue.

In total, casinos tallied $158.2 million in revenue, up 12.5% and nearly $18 million over Louisiana’s November 2023 revenue figures.

Racino revenue for December 2023

The state’s four racinos (horse tracks with slot machines) outpaced riverboat revenue growth by 3.8 percentage points, 16.3% to 12.5%.

TrackDecember 2023November 2023% Change (Monthly)
Delta Downs$14,213,831$11,839,20120.1%
Evangeline Downs$6,661,764$5,963,42211.7%
Fair Grounds$3,355,339$3,042,00110.3%
Louisiana Downs$3,432,299$2,949,60616.4%
Total$27,663,233$23,794,22916.3%

Delta Downs once again led the way, posting $14.2 million for December, up 20.1% over November. The properties did better collectively than in December 2022, too: $27.7 million to $26.1 million.

Louisiana’s one land-based casino revenue

Louisiana is home to one land-based casino: Harrah’s New Orleans. The flagship property brought in $24.7 million in December, up nearly $4 million from November and nearly $2 million from December 2022.

Sports betting figures in December

Louisiana’s online sportsbooks had a strong December, notching better handle (total amount bet) and revenue over December 2022:

MonthHandleRevenueRevenue Growth (Year-on-Year)
December 2023$344,928,425 $51,282,33267.9%
November 2023$322,939,359$18,107,946165.0%
October 2023$276,229,708 $39,207,87050.7%
September 2023$248,831,422$36,082,80727.9%
August 2023$138,853,445$15,038,678105.8%
July 2023$122,520,979$15,697,788-18.3%
2023-2024 Fiscal Year Total$1,454,303,338$175,417,421109.6%

Retail sportsbooks (physical locations) couldn’t match mobile’s growth. Retail handle fell 10.9% year-on-year in December, and net proceeds plummeted 29.9%.

Though retail books struggled, it was not a surprise. LA’s online sports betting launched in January 2022 and has since pulled a significant chunk of business from in-person sportsbooks.

J.R. Duren Avatar
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J.R. Duren has covered the gambling beats for more than a dozen states for Catena Media since 2015. His past reporting experience includes two years at the Villages Daily Sun, and he is a first-place winner at the Florida Press Club Excellence in Journalism Contest.

View all posts by J.R. Duren

J.R. Duren has covered the gambling beats for more than a dozen states for Catena Media since 2015. His past reporting experience includes two years at the Villages Daily Sun, and he is a first-place winner at the Florida Press Club Excellence in Journalism Contest.

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