Demographics Of Slot Machine Players

Introduction to Louisiana Slot Machine Casino Gambling in 2020

Louisiana slot machine casino gambling consists of 24 casinos including 16 commercial casinos, four tribal casinos, four pari-mutuel racetracks with slot machines, and numerous small businesses across Louisiana.

Theoretical payout limits exist and monthly return statistics are available for non-tribal sites.

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This post continues my weekly State-By-State Slot Machine Casino Gambling Series, an online resource dedicated to guiding slot machine casino gambler to success. Now in its third year, each weekly post reviews slots gambling in a single U.S. state, territory, or federal district.

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Relevant Legal Statutes on Gambling in Louisiana*

The minimum legal gambling age in Louisiana depends upon the gambling activity:

Land-Based Casinos: 21
Poker Rooms: 21
Bingo: 18
Lottery: 21
Pari-Mutuel Wagering: 18

Louisiana has had a long history of illegal casinos, with the state alternating between raiding illegal casino operations and ignoring them. Eventually, pari-mutuel wagering received state-approval in the 1920s. The collapse of the state’s oil-based industry in the 1980s led to the extended presence of legalized gambling.

Louisiana was the fourth U.S. state to legalize riverboat casinos, approved by the state in 1991 along with the return of the state lottery. In 1992, an added provision allowed a land-based casino in New Orleans.

Negotiations began in 1993 for state-tribal compacts with Louisiana’s three federally-recognized American Indian tribes. A fourth American Indian tribe, federally-recognized in 2002, also negotiated a state-tribal compact. Each tribe opened their own tribal casino.

In 1997, efforts by the three pari-mutuel racetracks to add slot machines to their facilities were successful. Later, a fourth track received similar approval.

The gaming industry has become an important part of Louisiana’s culture and economy. Video bingo is the primary type of electronic gaming machine available.

However, the wording used in some parts of the state gaming regulations is ambiguous. For example, a loose definition for “truck stops” has allowed the addition and spread of video poker machines at many businesses across the state.

*The purpose of this section is to inform the public of state gambling laws and how the laws might apply to various forms of gaming. It is not legal advice.

Slot Machine Private Ownership in Louisiana

In Louisiana, it is legal to own a slot machine privately if it is 25 years old or older.

Gaming Control Board in Louisiana

The Louisiana Gaming Control Board regulates the gaming industry in Louisiana. The LGCB works closely with the Gaming Enforcement Division within the Louisiana State Police.

Casinos in Louisiana

There are 20 non-tribal casinos, four American Indian tribal casinos, four pari-mutuel racetracks, and 12,903 video poker machines at 1,634 retail businesses in Louisiana.

The largest casino in Louisiana is Coushatta Casino Resort with 2,800 gaming machines and 70 table games.

The second-largest casino is Paragon Casino Resort with 2,200 gaming machines and 44 table games.

Commercial Casinos in Louisiana

The 20 commercial casinos in Louisiana including 15 riverboat casinos, four pari-mutuel sites with slot machines, and one land-based casino:

Amelia Belle Casino in Amelia located 79 miles west of New Orleans.
Belle of Baton Rouge Casino Hotel in Baton Rouge located 81 miles northwest of New Orleans.
Boomtown Bossier City located 216 miles west of Jackson, MS.
Boomtown New Orleans in Harvey located 11 miles south of New Orleans.
Delta Downs Racetrack Casino Hotel in Vinton located 140 miles northeast of Galveston, TX.
DiamondJacks Casino Hotel Bossier City located 216 miles west of Jackson, MS.
Eldorado Resort Casino Shreveport located 217 miles west of Jackson, MS.
Evangeline Downs Racetrack Casino Hotel in Opelousas located 137 miles northwest of New Orleans.
Fair Grounds Racecourse & Slots in New Orleans.
Golden Nugget Lake Charles located 162 miles northeast of Galveston, Texas.
Harrah’s Louisiana Downs in Bossier City located 210 miles west of Jackson, Mississippi.
Harrah’s New Orleans Casino & Hotel.
Hollywood Casino Baton Rouge located 83 miles northwest of New Orleans.
Horseshoe Bossier City located 216 miles west of Jackson, MS.
Isle of Capri Casino Hotel Lake Charles located 163 miles northeast of Galveston, Texas.
L’auberge Casino Hotel Baton Rouge located 75 miles northwest of New Orleans.
L’auberge Casino Resort Lake Charles located 163 miles northeast of Galveston, Texas.
Margaritaville Resort Casino Bossier City located 216 miles west of Jackson, Mississippi.
Sam’s Town Hotel & Casino Shreveport located 216 miles west of Jackson, Mississippi.
Treasure Chest Casino in Kenner located 15 miles northwest of New Orleans.

Tribal Casinos in Louisiana

There are four tribal casinos in Louisiana:

Coushatta Casino Resort in Kinder located 199 miles west of New Orleans.
Cypress Bayou Casino Hotel in Charenton located 117 miles west of New Orleans.
Jena Choctaw Pines Casino in Dry Prong located 201 miles northwest of New Orleans.
Paragon Casino Resort in Marksville located 163 miles northwest of New Orleans.

Other Gambling Establishments

As an alternative to enjoying Louisiana slot machine casino gambling, consider exploring casino options in a nearby state. Bordering Louisiana is:

North: Arkansas Slots
East: Mississippi Slots
South: Gulf of Mexico
West: Texas Slots

Each of the links above will take you to my blog for that neighboring U.S. state to Louisiana.

Our Louisiana Slots Facebook Group

Are you interested in sharing and learning with other slots enthusiasts in Louisiana? If so, join our new Louisiana slots community on Facebook. All you’ll need is a Facebook profile to join this closed Facebook Group freely.

There, you’ll be able to privately share your slots experiences as well as chat with players about slots gambling in Louisiana. Join us!

Payout Returns in Louisiana

Theoretical payout limits are:

80% to 99.9% at non-tribal casinos.
80% to 94% for video poker machines at retail locations.
Not available for tribal casinos.

Monthly return statistics are within Louisiana’s Gaming Enforcement Division Gaming Board’s Revenue Reports. Further, these reports offer return statistics for each slot machine denomination.

However, statistics are reported for non-tribal casinos statewide as well as within only four state regions with casinos sorted by region as follows:

Baton Rouge Region: Belle of Baton Rouge, Evangeline Downs, Hollywood, and L’auberge Baton Rouge.
Lake Charles Region: Delta Downs, Golden Nugget, Isle of Capri, and L’Auberge Lake Charles.
New Orleans Region: Amelia Belle, Boomtown New Orleans, Fair Grounds, Harrah’s, and Treasure Chest.
Shreveport/Bossier Region: Boomtown Bossier, DiamondJacks, Eldorado, Harrah’s LA Downs, Horseshoe, Margaritaville, and Sam’s Town.

The October 2019 report shows a state-wide return of 90.3% for all commercial casinos. Each region had the following player’s win percentages:

Baton Rouge Region: 90.2%
Lake Charles Region: 90.6%
New Orleans Region: 90.1%
Shreveport/Bossier Region: 90.3%
State-wide: 90.3%

The slot machine denomination with the highest and second-highest win percentages for each region were:

Baton Rouge Region: 50-cent at 97.9% and $2 at 92.6%.
Lake Charles Region: $100 at 95.1% and both 5-cent and $10 at 93.1%.
New Orleans Region: $500 at 120.8%, $50 at 101.6%, and 5-cent at 93.8%.
Shreveport/Bossier Region: $25 at 93.2% and 2-cent at 92.89%.
State-wide: $500 at 120.8% and 50-cent at 92.9%.

These reports helpfully include the number of slot machines with each denomination. For instance, there are only eight $2-denomination machines in the Baton Rouge Region where their average player win% is the second-highest for that region. So few $2 slot machines improves the likelihood of locating and playing these high-odds machines.

Less helpful are the limited monthly return statistics available from the Louisiana Gaming Board’s Revenue Reports separated by casino type. Unfortunately, these return statistics reports have insufficient information to calculate player’s win percentages:

Summary of Louisiana Slot Machine Casino Gambling in 2020

Louisiana slot machine casino gambling consists of 24 casinos including sixteen riverboat casinos, four tribal casinos and four pari-mutuel racetracks with slot machines. Further, there are 12,903 legal video poker machines at 1,634 retail locations across the state.

Minimum and maximum theoretical payout limits exist for the non-tribal gaming locations. Return statistics exist for commercial casinos in four state regions, including for each slot machine denomination. Louisiana’s tribal casinos do not have theoretical payout limits nor do they offer return statistics.

Annual Progress in Louisiana Slot Machine Casino Gambling

In the last year, Harrah’s New Orleans went from second-largest casino to seventh place when they more than halved their slot machines from 3,800 to 1,500.

The price of a slot

An important economic theory holds that when the price of something goes up, demand for it tends to fall.

But that depends on price transparency, which exists for most of the day-to-day purchases we make. That is, other than visits to the doctor’s office and possibly the auto mechanic, we know the price of most products and services before we decide to pay for them.

Slots may be even worse than the doctor’s office, in that most of us will never know the true price of our wagers. Which means the law of supply and demand breaks down.

Casino operators usually think of price in terms of what is known as the average or expected house advantage on each bet placed by players. Basically, it’s the long-term edge that is built into the game. For an individual player, his or her limited interaction with the game will result in a “price” that looks a lot different.

For example, consider a game with a 10 percent house advantage – which is fairly typical. This means that over the long run, the game will return 10 percent of all wagers it accepts to the casino that owns it. So if it accepts $1 million in wagers over 2 million spins, it would be expected to pay out $900,000, resulting in a casino gain of $100,000. Thus from the management’s perspective, the “price” it charges is the 10 percent it expects to collect from gamblers over time.

Individual players, however, will likely define price as the cost of the spin. For example, if a player bets $1, spins the reels and receives no payout, that’ll be the price – not 10 cents.

So who is correct? Both, in a way. While the game has certainly collected $1 from the player, management knows that eventually 90 cents of that will be dispensed to other players.

A player could never know this, however, given he will only be playing for an hour or two, during which he may hope a large payout will make up for his many losses and then some. And at this rate of play it could take years of playing a single slot machine for the casino’s long-term advantage to become evident.

Short-term vs. long-term

This difference in price perspective is rooted in the gap between the short-term view of the players and the long-term view of management. This is one of the lessons I’ve learned in my more than three decades in the gambling industry analyzing the performance of casino games and as a researcher studying them.

Let’s consider George, who just got his paycheck and heads to the casino with $80 to spend over an hour on a Tuesday night. There are basically three outcomes: He loses everything, hits a considerable jackpot and wins big, or makes or loses a little but manages to walk away before the odds turn decidedly against him.

Of course, the first outcome is far more common than the other two – it has to be for the casino to maintain its house advantage. The funds to pay big jackpots come from frequent losers (who get wiped out). Without all these losers, there can be no big winners – which is why so many people play in the first place.

Specifically, the sum of all the individual losses is used to fund the big jackpots. Therefore, to provide enticing jackpots, many players must lose all of their Tuesday night bankroll.

What is less obvious to many is that the long-term experience rarely occurs at the player level. That is, players rarely lose their $80 in a uniform manner (that is, a rate of 10 percent per spin). If this were the typical slot experience, it would be predictably disappointing. But it would make it very easy for a player to identify the price he’s paying.

Raising the price

Ultimately, the casino is selling excitement, which is comprised of hope and variance. Even though a slot may have a modest house advantage from management’s perspective, such as 4 percent, it can and often does win all of George’s Tuesday night bankroll in short order.

This is primarily due to the variance in the slot machine’s pay table – which lists all the winning symbol combinations and the number of credits awarded for each one. While the pay table is visible to the player, the probability of producing each winning symbol combination remains hidden. Of course, these probabilities are a critical determinant of the house advantage – that is, the long-term price of the wager.

This rare ability to hide the price of a good or service offers an opportunity for casino management to raise the price without notifying the players – if they can get away with it.

Casino managers are under tremendous pressure to maximize their all-important slot revenue, but they do not want to kill the golden goose by raising the “price” too much. If players are able to detect these concealed price increases simply by playing the games, then they may choose to play at another casino.

This terrifies casino operators, as it is difficult and expensive to recover from perceptions of a high-priced slot product.

Getting away with it

Consequently, many operators resist increasing the house advantages of their slot machines, believing that players can detect these price shocks.

Our new research, however, has found that increases in the casino advantage have produced significant gains in revenue with no signs of detection even by savvy players. In multiple comparisons of two otherwise identical reel games, the high-priced games produced significantly greater revenue for the casino. These findings were confirmed in a second study.

Further analysis revealed no evidence of play migration from the high-priced games, despite the fact their low-priced counterparts were located a mere 3 feet away.