Evangeline Downs Racetrack & Casino

What Evangeline Downs Racetrack & Casino does

Evangeline Downs Racetrack & Casino is an integrated gaming, racing, and hospitality property located in Opelousas, Louisiana, operating in the heart of Cajun country approximately 20 minutes north of Lafayette off I-49. The property is wholly owned and operated by Boyd Gaming Corporation (NYSE: BYD), one of the largest US gaming companies, and operates as a subsidiary brand within the Boyd Gaming portfolio. Founded in 1966 with over 60 years of racing heritage, the facility combines casino gaming, live and simulcast horse racing, sports betting, hotel accommodations, dining, and event hosting under a single destination.

The core product stack centers on a casino floor featuring over 990 slot machines (denominations from 1¢ to $100) with networked progressive jackpots (Monte Carlo, Thunder Cash, Eagle Bucks, 88 Fortures, Dancing Drums, Rakin' Bacon and others), a sportsbook at the center of the floor offering spreads, single bets, and parlays across all major US sports, and a live Thoroughbred and Quarter Horse racing track with on-track betting and a state-of-the-art betting parlor. Supporting infrastructure includes a 117-room hotel operated under the Ascend Collection (Choice Hotels) brand with direct casino access, multiple dining venues (The Spotted Horse, Infusion, Silks Clubhouse, Mojo's Sports Bar), and an Event Center with over 19,000 sq ft of flexible meeting space across nine rooms accommodating 12 to 1,200+ guests. Two off-track betting parlors (Races & Aces) in Breaux Bridge and St. Martinville extend simulcast and video poker reach. The property participates in the Boyd Rewards loyalty program, accepts casino credit through National Cred-A-Chek, and offers an online extension via the Stardust Social Casino platform.

The business model is transaction-fee based across gaming, racing, and F&B revenue streams, with subscription-style recurring revenue from hotel room nights. Customer segments are horizontal and consumer-facing: casino gaming enthusiasts, horse racing fans, event planners and groups, hotel guests, entertainment seekers, and horse owners/trainers. The property employs approximately 130 people and generates revenue through a combination of player wagers (slots, table games, sportsbook, racing), nightly hotel rates, dining tickets, and event/catering contracts. Marketing is conducted through the Boyd Rewards program, property website, social media (Facebook, Instagram, X, YouTube), and an entertainment calendar of concerts and events.

Name

Evangeline Downs Racetrack & Casino

Legal name

Evangeline Downs Racetrack & Casino

Website

https://evangelinedowns.boydgaming.com

Company type

Private

Operating status

Operating

Headcount range

101–250 employees

Short description

Evangeline Downs Racetrack & Casino is a Boyd Gaming-owned integrated gaming and hospitality property in Opelousas, Louisiana, offering 990+ slot machines, sportsbook, live horse racing, a 117-room hotel, dining, and event facilities to regional Acadiana consumers.

Ownership category

akta.pro rank

Product category

Casino & Racetrack Gaming

NAICS

Racetracks (711212), Gambling Industries (7132)

SIC

Services-Racing, Including Track Operation (7948), Services-Amusement & Recreation Services (7900)

akta.pro primary industry

Racetrack & Race Meeting Operations (MPAEADAA)

akta.pro secondary industry

Standalone Casino Properties (Urban/Suburban) (MPAEAAAB)

Keywords

• Casino gaming services
• Horse racing wagering
• Sports betting operations
• Hospitality accommodations
• Event hosting services

Headquarters

HQ city

Opelousas

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Casino Gaming Revenue: Revenue from slot machines and table game operations. The casino floor features over 990 slot machines with progressive jackpots and various game types. Income generated from player wagers minus payouts.
2. Live Horse Racing and Simulcasting: Revenue from live Thoroughbred and Quarter Horse racing operations including on-track betting, simulcast wagering from other tracks, and off-track betting parlors (Races & Aces). Betting parlor operations in Breaux Bridge and St. Martinville.
3. Sports Betting: Revenue from sportsbook operations offering spreads, single bets, and parlays on major U.S. sports. Located at the center of the casino floor.
4. Hotel Accommodations: 117-room hotel operated as part of Ascend Collection brand, offering direct casino access. Revenue from room nightly rates including taxes and fees.
5. Food and Beverage: Multiple dining venues including The Spotted Horse, Infusion, Silks Clubhouse, and Mojo's sports bar. Buffet pricing at $34.99 on Fridays and Saturdays during live racing.
6. Events and Catering: Revenue from event hosting including weddings, corporate events, conventions, concerts, and private rentals. Six meeting facilities accommodating 12 to over 1,200 guests. Event Center holds up to 1,200 people for general gatherings and 600 for seated banquet functions.
7. Casino Credit Program: Casino credit extension through National Cred-A-Chek Inc. processing. Allows qualified players to establish line of credit for gaming.

Pricing tiers

Go-to-market motion1 record

Distribution channels10 records

Marketing channels10 records

Core offering

Evangeline Downs Racetrack & Casino operates an integrated gaming, horse racing, sports betting, hospitality, and entertainment destination in Opelousas, Louisiana. The property features over 990 slot machines with progressive jackpots, live Thoroughbred and Quarter Horse racing, a full-service sportsbook, a 117-room hotel, multiple dining venues, and over 19,000 square feet of event space. It serves both walk-in casino and racing patrons and regional visitors through two off-track betting parlors.

Product overview

Evangeline Downs Racetrack & Casino is a diversified gaming and hospitality complex operated by Boyd Gaming, combining the thrill of casino gaming with live horse racing excitement. The property features over 990 slot machines and a full-service sportsbook as its core gaming products, complemented by a 117-room hotel, multiple dining venues (The Spotted Horse, Silks Clubhouse), and extensive event facilities. The property offers live Thoroughbred racing through September with simulcast betting available year-round at two Races & Aces off-track betting parlors. Event capabilities span six meeting rooms including the Event Center (up to 1,200 guests), with over 19,000 total square feet of flexible event space. The Boyd Rewards loyalty program connects guests to rewards across all Boyd Gaming properties. Additional offerings include progressive jackpot slot machines, Mojo's Sports Bar, and the Stardust Social Casino online platform.

Differentiator

Problem solved

Functional benefit

Brands

• Races & Aces: Off-Track Betting Parlors offering simulcasting of major racing tracks from around the country and video poker machines with $1,000 payouts. Located in Henderson and St. Martinville, Louisiana.
• Mojo's
• Event Center
• Silks Clubhouse

Products and services

• Evangeline Downs Casino The main casino gaming floor featuring over 990 slot machines, table games, and video poker with progressive jackpots, located in Opelousas, Louisiana. Slot denominations range from 1¢ to $100 and game types include ETGs, Keno, Poker, Reel, and Video. Open to guests 21+ with valid photo ID.
• Evangeline Downs Sportsbook On-site sports betting facility offering spreads, single bets, parlays, and more for all major U.S. sports including professional baseball, basketball, hockey, soccer, football, golf, boxing, motorsports, and collegiate football and basketball. Open to guests 21+ with valid government-issued photo ID.
• Evangeline Downs Racetrack Live Thoroughbred and Quarter Horse racing track with 60 years of racing heritage. Features live racing through September 7, grandstand seating, and a state-of-the-art track betting parlor. Simulcast off-track betting is available year-round.
• Evangeline Downs Hotel 4-story, 117-room hotel connected directly to the casino featuring an indoor heated pool, hot tub, fitness center, expanded continental breakfast, free WiFi, and business center. Each room includes microwave, refrigerator, pillow-top beds, and 40-inch LCD TV. Boyd Rewards members receive discounts.
• Races & Aces Off-Track Betting Parlors Off-track betting parlors offering simulcasting of all major tracks around the country seven days a week, with video poker machines featuring $1,000 payouts. Locations in Breaux Bridge, LA (2825 A Grand Point Hwy #1) and St. Martinville, LA (2308 North Main St.).
• Event Center Multi-purpose entertainment facility accommodating up to 600 for seated dining events and up to 1,200 for concerts and festivals. Features 9,520 square feet of event space with stage area of 1,500 square feet. Provides one of the finest banquet services in Acadiana.
• Meeting Facilities Six tastefully-appointed meeting rooms accommodating functions from intimate gatherings to dinners for over 1,200 guests. Includes the Event Center, Acadiana Room (80 capacity), Clubhouse (150 seated / 300 standing), John Henry Room (65 seated / 120 standing), and Private Club Suites (12 individual / 48 combined). Total flexible event space over 19,000 square feet.
• The Spotted Horse Restaurant and bar offering memorable drinks and menu selections. Located within the racing venue, open during live racing events.
• Silks Clubhouse Dining venue with bird's-eye view of the racing track. Offers all-you-can-eat buffet on Fridays and Saturdays for $34.99, or ordering from The Spotted Horse on Thursdays. Open during live racing days.
• Mojo's Sports Bar Sports bar with more than 20 televisions and a giant TV wall. Available as a private rental space for events. Features sports viewing, food, and spirits. Capacity of 100 guests with 4,104 square feet.

Quantifiable outcome

• Over 990 slot machines available
• +3 more outcomes

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core.

• EquibasecoreTechnology or IntegrationEquibase is a technology partner providing racing information, charts, entries, results, past performance programs, scratches and changes, workouts, and standings. Evangeline Downs uses Equibase for portions of its site content related to racing information. The partnership allows horsemen to access condition books, results, and downloadable PDF documents through Equibase.
• DRF BetscoreTechnology or IntegrationDRF Bets provides live video streaming of Evangeline Downs races and race replays for online viewing. Customers can watch live races online through DRF Bets platform, enabling off-site viewing of live racing action at Evangeline Downs.
• Ascend Collection (Choice Hotels)coreChannel Partner/ Reseller/ DistributorThe Evangeline Downs Hotel is operated as an Ascend Collection property within the Choice Hotels network. The partnership enables hotel bookings through the Ascend Collection and Choice Hotels platforms. Boyd Rewards members receive discounts on hotel stays.
• Boyd GamingcoreOthersEvangeline Downs is owned and operated by Boyd Gaming Corporation, one of the leading gaming companies in the United States. The property is part of Boyd Gaming's portfolio of gaming and entertainment destinations. Boyd Gaming provides the corporate infrastructure, Boyd Rewards loyalty program, and operational support.

Scale indicators16 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Churchill Downs Incorporated: Large publicly traded gaming and racing operator (NASDAQ: CHDN) owning multiple racinos, HRM, and sports betting platforms across the US. Broader incumbent in the same racing-and-casino category with overlapping capabilities but operating at much larger scale.
• Penn National Gaming: Large multi-state gaming operator (NASDAQ: PENN) owning regional casinos, sportsbooks, and racing assets including the Scoreboard sportsbook. Broad incumbent with overlapping regional casino, sportsbook, and racing capabilities relevant to Evangeline Downs' market structure.

Direct peers

• Sam Houston Race Park: Texas-based racino offering live Thoroughbred and Quarter Horse racing with a casino floor and dining venues. Closely comparable as a regional racino with horse racing, slot gaming, and simulcast wagering in a similar non-major-metro market.
• Zia Park Casino Hotel & Racetrack: Hobbs, New Mexico racino with live Quarter Horse racing, slot gaming, hotel, and event space. Comparable mid-size regional property with the same integrated racetrack, hotel, casino, and entertainment model.
• Belterra Park Gaming & Entertainment Center: Cincinnati-area racino with live harness racing, video lottery terminals, and dining. Comparable as a smaller-scale regional racino with similar live-racing seasonality and casino/simulcast operations.
• Prairie Meadows Casino, Racetrack & Hotel: Altoona, Iowa racino with live racing, slot machines, table games, and an attached hotel. Comparable mid-size regional racino with similar diversified gaming-and-racing business model and entertainment programming.
• Indiana Grand Racing & Casino: Shelbyville, Indiana racino operated by Caesars offering live Thoroughbred and Quarter Horse racing alongside slot gaming and dining. Comparable regional racino with similar slot floor, racing heritage, and integrated hospitality.
• Harrah's Louisiana Downs: Caesars-owned racino in Bossier City, Louisiana offering live racing, slot gaming, and sportsbook. Comparable as a Louisiana-based integrated horse-racing and casino property competing for similar regional wagering and gaming dollars.
• Delta Downs Racetrack Casino Hotel: Also a Boyd Gaming-owned racino in Vinton, Louisiana, featuring horse racing, slot machines, and hotel under the same operational playbook. Closest comparable as same-parent, same-state property with a near-identical integrated racetrack-and-casino business model.
• Lone Star Park: Grand Prairie, Texas racino with live Quarter Horse and Thoroughbred racing, casino gaming, and event facilities. Directly comparable integrated racing-and-casino destination with a similar mid-tier scale and entertainment-led positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/EVDRCH
• YouTubeyoutube.com/user/evangelinedownsrace
• Facebookfacebook.com/EvangelineDownsRacetrackCasino
• LinkedInlinkedin.com/company/evangelinedowns
• Instagraminstagram.com/evangelinedowns

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Evangeline Downs Racetrack & Casino