Casino winnings increase in New Orleans
Despite a decrease in casino winnings across Louisiana, the New Orleans market posted positive results.
US.- Figures released on Monday by the Louisiana Gaming Control Board indicate that the New Orleans gambling market posted a positive performance in March. The casino winnings in the city were up 5.6% during last month’s operations.
The 15 riverboat casinos in the state, four racinos and land-based casinos generated US$246.3 million in winnings in March. These numbers represent a 2.5% decrease from the US$252.6 million from what they registered in March 2018.
Gambling revenue in New Orleans was up from US$56.7 million to US$59.9 million. The casino with the biggest gain in March was Harrah’s, achieving almost US$29 million in winnings. These results represent an 8% increase from the US$26.8 million that the facility registered last year.
Furthermore, the three riverboats posted a 3.7% gain in revenue to US$26.3 million from March 2018’s US$25.4 million. Boomtown New Orleans registered a 5% increase to US$11.7 milliom, while The Amelia Belle had a 4.5% gain to US$4.4 million. Treasure Chest posted a 2% increase to US$10.3 million.
On the flip side, casino winnings in Baton Rouge decreased 13.8% year-over-year in March and continued a losing streak. The three riverboats decreased winnings once again and registered US$23.6 million in March. The market hasn’t experienced year-to-year increases in casino revenue since August 2017.
