After ten months of operating a temporary sportsbook, Golden Nugget Lake Charles in Louisiana is preparing to open its permanent DraftKings sportsbook. The highly anticipated venue is scheduled to open on September 1, offering an array of features and amenities to enhance the sports betting experience for visitors.
The DraftKings Sportsbook at Golden Nugget Lake Charles:
1:Spacious and Immersive Environment:
The permanent DraftKings Sportsbook at Golden Nugget Lake Charles will boast a generous space of 3,200 square feet.
The venue will feature a multitude of TV screens showcasing live sports events, allowing patrons to immerse themselves in the excitement.
With 300 lounge seats, including VIP areas, visitors can comfortably enjoy their betting experience.
2:Diverse Gaming Options:
In addition to sports betting, the sportsbook will offer 16 video poker machines and three blackjack tables for those seeking alternative gaming options.
To cater to the convenience of bettors, the venue will provide 30 self-service kiosks spread across 12,000 square feet, ensuring efficient wagering.
3:DraftKings Sportsbook Bar & Grill:
Alongside the sportsbook, DraftKings will introduce the DraftKings Sportsbook Bar & Grill.
This dining establishment will offer a range of dining options throughout the day, including breakfast, lunch, and dinner. A “quick grab” menu will be available for those seeking a swift bite.
Sports Betting in Louisiana:
1:Voter Approval and Declining Handle:
Louisiana voters agreed to legalize sports betting in 2020, paving the way for its implementation.
However, the state’s sports betting handle has experienced a decline for six consecutive months, reaching $118.3 million in July, according to the Louisiana Gaming Control Board.
July’s figure represents a 10% decrease from the $171.1 million wagered in June.
2:Online vs. Retail Sportsbooks:
Among the seven online sportsbooks in Louisiana, $103.3 million in bets were placed, while retail sportsbooks accounted for $15 million.
Gross revenue from sports betting in Louisiana reached $20.6 million in July, almost double the $10.6 million generated in June, with a hold percentage of approximately 17.4%.
3:Tax Revenue and Economic Impact:
The state collected $2.48 million in sports betting taxes in July, a 71.8% increase from the $1.4 million collected in June.
Since the launch of retail sports betting on October 31, 2020, Louisiana has generated nearly $17 million in sports betting taxes, highlighting the positive economic impact of the industry.
The upcoming opening of the DraftKings Sportsbook at Golden Nugget Lake Charles marks an exciting milestone for sports betting enthusiasts in Louisiana. With its expansive space, immersive environment, and diverse gaming options, the sportsbook aims to provide an exceptional betting experience. Despite a recent decline in the state’s sports betting handle, Louisiana’s sports betting industry continues to contribute significant tax revenue and stimulate the local economy.