The Louisiana Gaming Control Board, the regulator in charge of overseeing sports betting and gambling in the state, has announced the sector’s financial results for the month of July 2023 and the numbers show a healthy increase in sports wagers.

Going Mobile

Sports wagers in Louisiana amounted to 134.8 million dollars in July, a figure which represents an increase of 14 percent compared to the same month of the previous year.

The best-performing sector was mobile sports betting, which attracted 122.5 million dollars in wagers during the month of July. That total represents an increase of 18.6 percent year-on-year. Baseball was the most popular sport for mobile bettors in Louisiana in July, it managed to attract wagers amounting to a total of 2.7 million dollars.

Retail sportsbooks in the state did not perform so well, in fact, they recorded a significant decline in July. The total wagers at retail locations was 19.4 percent lower compared to the financial results of July 2022, amounting to just 12.2 million dollars. In the case of retail sportsbooks most punters chose to play parlay bets, which attracted over 1.2 million dollars in wagers.

Casinos Register Downward Trend

Casino revenue in the state of Louisiana was not that great in the month of July, it registered a decrease both when compared to July 2022 and with June 2023. Harrah’s New Orleans Casino, the land-based venue which is owned and operated by Caesars Entertainment, reported gross gaming revenue of 17.5 million dollars in July 2023, 11.9 percent lower than the previous month and 22.8 less than what it recorded in July 2022.

Riverboat casinos in the state managed to bring in a total of 146.6 million dollars in adjusted gross revenue during the month of July. That was a good result considering that two riverboat casinos, one in Lake Charles and another in Bossier City, are currently closed.

Slot games located at the state’s racetracks reported slight increases in activity during July compared last month and last year. The Evangeline Downs racetrack registered the largest increase, with adjusted gross revenue going up by 7.3 percent to almost 6.5 million dollars.

Delta Downs was the best-performing racetrack in July when it comes to adjusted gross revenue, with a total amount of over 14.2 million dollars. Overall, total revenue from slot machines in Louisiana amounted to 27.6 million dollars, while the four racetracks in the state paid a total of 4.2 million in state tax.

Source: “Louisiana mobile sports betting wagers rise 18.6% year-over-year for July“. Gaming America. August 22, 2023.

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The Las Vegas Review-Journal reported that Omar Moreno, hailing from Santa Ana, California, became a lucky winner of a table game jackpot worth $499,171 on Sunday, April 9, 2023. Moreno was playing at the famous Flamingo casino located on the Las Vegas Strip.

Poker Player Omar Moreno Wins Big with Five-Card Royal Flush

Moreno revealed that he was on vacation in Las Vegas to celebrate a friend’s birthday and had only spent 30 minutes at the table before striking it big with a five-card royal flush. The elated winner mentioned that he planned to use the prize money to purchase a new home.

The news of Moreno’s win is sure to make waves in the gambling world, with many people trying their luck at table games in the hope of striking it rich as he did. This win proves that sometimes, all it takes is a stroke of luck to change one’s life forever.

Nevada Keeps Delivering Big Wins for Gamblers

Nevada seems to deliver big in April as just last week a gambler won $14 million in a casino in Reno. An anonymous female gambler won the largest Megabucks jackpot ever at the Atlantis Casino Resort Spa.

The $14 million win was made on a $10 bet, and the woman is a regular at the casino. IGT, the gaming manufacturer of Megabucks, confirmed the win, which is the first Megabucks jackpot won in Nevada since April 2021. The chances of winning a Megabucks jackpot are about 1 in 49.8 million.

Reno seems to be a lucky spot. At the end of March, a Grand Sierra Resort visitor identified as Jessy R. won a $544,000 jackpot after placing an $8 bet on the Wheel of Fortune High Roller video slot. It was Jessy’s first time playing at the resort and the win happened in just 10 minutes. 

Another anonymous player won $1.25 million in January at the same location, while several other jackpot winners have been reported in Nevada. 

Other jackpot winners were not as lucky. This week San Antonio Poker Palace, San Antonio, Texas, canceled a $100,000 bad beat jackpot due to the players involved not following the rules. A bad beat jackpot is usually offered in poker rooms when two players have strong hands but one still loses. In this case, one player exposed their cards before the action was finished and the player with the losing hand did not verbally confirm or show a motion to call. 

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