Louisiana casino revenue up 21.8% year-on-year in October

The largest percentage revenue increases came at New Orleans and Lake Charles gaming venues.
The largest percentage revenue increases came at New Orleans and Lake Charles gaming venues.

The Louisiana Gaming Control Board has released last month’s revenue report.

US.- According to the latest monthly revenue report from the Louisiana Gaming Control Board, the state’s 13 riverboat casinos, one land-based hotel-casino in New Orleans and four racinos took in $194.7m in October. That’s a 21.8 per cent increase from $152.3m in October 2020, when casinos were under 50 per cent capacity restrictions due the Covid-19 pandemic.

Figures in October 2020 were also affected by two destructive hurricanes, Delta and Zeta, which forced casinos in South Louisiana to close for several days. The largest revenue increase last month in percentage terms came at the gambling halls in the New Orleans and Lake Charles areas.

The four casinos and the thoroughbred racetrack in the New Orleans region saw revenue increase by 38 per cent, from $32.5m (October 2020) to $44.9m (October 2021). September 2021 saw revenue of $26.5m.

The largest total in dollar amounts came at the two riverboat casinos and one racino in the Lake Charles area. Those Southwest Louisiana properties brought in $68.4m last month, a 37.1 per cent increase from the October 2020 figure of $49.9m.

The three riverboat casinos in Baton Rouge saw their winnings rise by 26.2 per cent in October, topping the year-to-year revenue gains posted statewide. In northwestern Louisiana, the Shreveport-Bossier City market, with six riverboat casinos, saw revenue rise from $46.3m (October 2020) to $51.8m (October 2021), an 11.9 per cent increase.

See also: After Hurricane Ida, Louisiana casinos expect revenue decline

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