Louisiana Gaming Board reports economic growth from new casinos and sports wagering revenue

The Louisiana Legislature's Finance Committee meeting on March 25, 2025, focused on the state's ongoing economic development through the gaming industry. Key discussions highlighted recent advancements in casino operations and the significant revenue generated from sports wagering.

During the meeting, officials expressed enthusiasm about the growth of land-based casinos in Louisiana. Notable developments included the rebranding of Caesars New Orleans and the recent opening of the Live Casino and Hotel in Bossier Parish. Additionally, the Belle of Baton Rouge is set to reopen later this year as a Bally's casino, further expanding the state's gaming landscape.

The meeting also addressed the economic impact of the Super Bowl hosted in New Orleans, which reportedly attracted substantial betting activity. Officials noted that over 43 million wagers were placed, generating nearly $10 million in revenue for the state on that day alone. The state collected more than $7 million in taxes from sports wagering in the previous month, underscoring the financial benefits of the gaming sector.

The Louisiana Gaming Control Board reaffirmed its commitment to maintaining a fair and regulated gaming environment. This includes collaboration with law enforcement and the enforcement of responsible gaming practices to protect citizens while promoting economic growth.

In addition to gaming discussions, committee members briefly touched on unrelated topics, including the regulation of rooster fighting, which remains illegal in the state. The meeting concluded with positive feedback regarding the responsiveness of various agencies to public concerns.

Overall, the meeting underscored the importance of the gaming industry to Louisiana's economy and the ongoing efforts to ensure its integrity and growth.