Parylay bets accounted for the majority of net proceeds at around $13.7 million. The majority of the record bet – $322.9 million – was brokered online.

Of the $356.5 million bet, oddsmakers kept only $19.4 million for a weak win at a tax rate of under 6%. Oddsmakers took nearly $356.5 million in bets, a record amount that easily surpassed the previous all-time mark of $308.6 million set just in October.īettors fared well as the LSU Tigers went 3-1 for the month and covered the spread in every game except the team’s emphatic loss to Alabama on November 4th. Sports betting was active in the Bayou State last month. The four racinos – Delta Downs, Louisiana Downs, Evangeline Downs and Fair Grounds – increased their winnings by 1.5% to $23.8 million. In Baton Rouge, Belle and L’Auberge, as well as the newly opened Queen, a rural property, gained $20.6 million. Harrah’s New Orleans, one of two brick-and-mortar casinos in the state, won about $20.8 million, but that marked an 11% decline compared to November 2022, when the Caesars Entertainment property won $23.3 million.

On New Orleans’ three riverboats – Amelia Belle, Boomtown and Treasure Chest – gaming winnings rose nearly 8% to $18.7 million.

The five Shreveport/Bossier City casinos – Boomtown, Bally’s, Horseshoe, Sam’s Town and Margaritaville – won $44.5 million. The Houston-focused market saw gaming revenue increase by over 8%. The Lake Charles market, with three casinos including Golden Nugget, L’Auberge and Horseshoe, led the way with GGR of nearly $56.7 million.

Treasure chest casino new orleans