Louisiana Casino Revenue Climbs Higher in October
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Louisiana's casino revenue increased 21.8% in October compared to a year earlier. Louisiana's 13 riverboat casinos, one land-based hotel-casino in New Orleans and four racinos took in $194.7 million this year in Oct.
Louisiana Casino Revenue Climbs Higher in October. Louisiana Benefits From Gambling Ban in Texas. Largest percentage revenue increases came at the gambling halls in the New Orleans and Lake Charles areas. Texas does not have legal casino gambling. The LakeCharles area casinos brought in $68.4 million last month. The fourth-largest U.S. city, Houston, is under three hours from Lake Louisianna. It's also about two hours away from the Delta Downs Racetrack, Hotel & Casino in Vinton.
Baton Rouge, Shreveport-Bossier City and northwestern Louisiana saw year-to-year revenue increases in October.
Louisiana's sports betting revenue is expected to rise in November. Since October, eight casinos have opened sportsbooks. Caesars Entertainment, Penn National, DraftKings and FanDuel are expected in Louisiana to seek online bookmaking licenses. Mobile sports wagering will be legal in 55 of 64 parishes that approved sports gambling in the November 2020 election.
