April Slowdown Shows in Louisiana Sports Betting, Casinos

April Slowdown Shows in Louisiana Sports Betting, Casinos
Fact Checked by Pat McLoone

Confirmed.

Mardi Gras, March Madness and Louisiana State University winning its first women’s NCAA basketball championship are all now in the rear-view mirror.

That became clear with yesterday’s release of official April monthly Louisiana sports betting and casino figures by the Louisiana Gaming Control Board (LGCB).

In sports betting handle and revenue, the state showed decreases in all five categories.

Total sports betting handle (retail, mobile) for the month generated more than $209.7 million, a solid 15.9% drop from March (nearly $250M).

A breakdown of the two: Louisiana sports betting apps handle in the state posted at more than $190M, down 14.8% from March ($223.1M). Retail sports betting handle was over $19.67M, a significant 24.8% decrease from March ($26.16M). 
 
Sports betting revenue exceeded $22M ($20.3M online, $1.8M retail), down 25.5% from March ($29.76M). Sports wagering taxes posted at more than $2.9M ($2.7M online, $195,731 retail), dropping 18%.

You can count on LouisianaBets.com for sports betting news and analysis, revenue reports and Louisiana sportsbook promos.

Louisiana Sports Betting, April vs. March

Month Total handle Mobile handle Revenue
April $209.747M $190.075M $22.176M
March $249.279M $223.121M $29.766M
Change Down 15.9% Down 14.8% Down 25.5%

MORE: Louisiana online casinos

Must be 21+ to participate. Terms and conditions apply.

Monthly Increases End for Louisiana Casinos

The state’s casinos followed suit with sports betting as they also had decreases across the board. Despite the drop in numbers, these figures show that there is potentially a massive market for online casinos if operators like Caesars Louisiana were ever permitted to offer mobile gaming.

April’s total gaming revenue for the Pelican State registered over $267.17M, an 8.5% drop from March's $291.9M.

A more specific breakdown of the total:

  • Video Gaming (Net Dev Revenue): $66.46 million
  • Riverboat casinos (total Adjusted Gross Revenue): $150.85 million
  • Land casino (total GGR): $21.3 million
  • Racinos (slots at racetracks, total AGR): $28.5 million

You can count on LouisianaBets.com for BetMGM Louisiana bonus codes as well as those for operators such as DraftKings, Caesars, FanDuel, WynnBET and BetRivers.

Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in LA. In partnership with Sam’s Town Shreveport Casino. Gambling problem? Call 1-800-GAMBLER. Visit BetMGM.com for Terms & Conditions. US promotional offers not available in NY, NV, or Puerto Rico.
quote

Author

Lou Monaco is a contributing writer to LouisianaBets.com. Lou had been East Coast Scene columnist for Gaming Today in Las Vegas since June 2019, covering the East Coast sportsbook scene with emphasis on NJ and PA. He also currently is a part-time writer for the high school sports department for NJ Advanced Media (NJ.com) in Iselin, NJ. Lou has over 30 years sports experience with previous stints at ESPN SportsTicker, Daily Racing Form and Oddschecker.

Cited by leading media organizations, such as: