Louisiana Gaming Summary
Louisana has a lottery, riverboat casinos, racetrack casinos, and a land-based casino in New Orleans, as well as video poker machines in retail establishments, Indian gaming, and charitable gaming.
Statutes legalizing and regulating gaming were enacted in 1991 by the Legislature and in 1996 the Louisiana Gaming Control Board was created. The Board has regulatory authority, control, and jurisdiction over all aspects of gaming activities and operations as authorized pursuant to the provisions of the Louisiana Riverboat Economic Development and Gaming Control Act, the Louisiana Economic Development and Corporation Act, the Video Draw Poker Devices Control Law, and limited
The state currently has 15 riverboat casinos authorized to operate, with 13 operational casnos. There are five riverboat casinos in Shreveport-Bossier, three in Lake Charles, two in East Baton Rouge Parish, and one each in Kenner, Harvey and Amelia.
The state also has one land-based casino (Harrah's New Orleans) and four racetrack casinos.
The tax rate on gaming revenues is currently 21.5% of adjusted gaming revenues. State gaming taxes collected from the riverboat casinos fund state services including highway construction, elementary and secondary schools, teacher salaries, fire protection and police protection.
Development: In 1990, the LousianaLegislature proposed a state lottery (ACT 1045). That year, voters approved a constitutional amendment making the lottery a reality. The lottery began operating in 1991.
Beneficiaries: The state’s Lottery Proceeds Fund. Effective July 1, 2004, the Louisiana constitution provides that Lottery proceeds be earmarked for the Minimum Foundation Program, which funds K-12 public education in Louisiana. In addition, the first $500,000 in annual Lottery proceeds are earmarked for the Louisiana Department of Health and Hospitals-Office of Behavioral Health to fund problem gambling programs.
For more information see the Louisiana Lottery website.
|Casino data (fiscal year)|
Adjusted Gross Revenue
|Lottery data (fiscal year)|
Total revenue is total ticket sales sales plus interest earned on the lottery fund balance and miscellaneous revenue sources . Prize liability is the total amount of prize money paid back to winners. Net Revenue is the total revenue minus vendor and retailer commissions and prize payouts and operating expenses; it is equal to "operating income." Prize and net revenue percentages are taken from the total revenues.
|Louisiana Gaming Timeline|
1990: Voters approve a constitutional amendment creating the Louisiana Lottery Corporation, to oversee a new state lottery.
1991: The Louisiana Lottery begins operating with a scratch-off game, on September 6
1992: The first draw-style jackpot game, Lotto, is introduced
1995: Lousiana joins the multistate game Powerball.
1999: Harrah's Jazz, a landbased casino in New Orleans, opens on October 26
1997: The Legislature authorizes sloty machine gaming at live horse racing facilities in St. Landry, Bossier and Calcasieu Parishes
2002: Delta Downs, the first racetrack casino in Louisiana, opens on February 13
2003: Harrah's Racetrack and Casino in Bossier City begins operations on May 21
2003: Evangeline Downs in St. Landry Parish begins operations on December 19
2003: Legislature authorizes slot machines at an Orleans parish facility
2004: A constitutional amendment, approved by voters, takes affect to dedicate Lottery proceeds to the Minimum Foundation Program, which funds K-12 public education in Louisiana.
2007: Temporary racino facility opens at the Fair Grounds
2008: Permanent slot facility opens at the Fair Grounds
© 2019 University of Nevada, Las Vegas. Do not copy or reuse without permission.
Last modified Friday, 08-Apr-2022 11:30:29 PDT