New Orleans Casinos Revenue Drop by 21% in September 2021

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Louisiana Gaming Revenue Increased 1.0% in February

The Louisiana Gaming Control Board has released the gaming revenue figures achieved across casinos in the state in February 2024 to report the overall revenue level of $194.6 million. Such a level reached across four major gaming districtsin Louisiana reportedly represents a 1.0% increase in comparison to the same month of 2023 to testify about the…

Finance ・ 20 March 2024

Yogonet

Louisiana casino revenue drops 9.7% year-over-year in June; land-based venue only winner

Louisiana Gaming Control Board reported overall gaming revenues in June at $265 million across four sectors, down 4.2% from May numbers, and a 9.7% drop when compared to June 2021. Most of it came from the state's 15 riverboat casinos, which produced a total of $151 billion in revenue for June, a 3.2% monthly decline and an 8.4%…

Finance ・ 29 July 2022

The Advocate

Casino business booms in 2021, but Louisiana lags behind

While 2021 set a national record for casino revenues, Louisiana's state-regulated gambling halls brought in less money last year than they did pre-pandemic. The 19 riverboats, racinos and Harrah's land-based casino brought in $2.38 billion during 2021, a 43.5% increase over the COVID-marred 2020, but down 3.2% from 2019. The decrease in revenue…

Industry ・ 19 May 2022

The Advocate

Louisiana casino revenues post drop in April

Winnings at Louisiana's state-regulated casinos were down 7.4% in April, as every market but New Orleans saw a drop in revenue. The 13 riverboat casinos, four racinos and Harrah's land-based casino brought in $218.8 million, compared to $236.2 million in April 2021, according to figures released earlier this week by the Louisiana Gaming Control…

Finance ・ 18 May 2022

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New Orleans casinos post higher revenues in March, see how they did

The New Orleans gambling market posted a 3.8% hike in revenue in March compared to the year before, as every one of the area's gaming properties brought in more money than the year before. The three riverboats, Harrah's and the slots at the Fair Grounds brought in $53.5 million in March, according to figures released last week by the Louisiana…

Finance ・ 22 October 2022

Nola

New Orleans casino winnings up 30.8% in February, here's why

New Orleans gambling halls had a 30.8% hike in revenue in February compared to the year before, as all of the local gaming properties saw their business increase by double-digit percentages. The three riverboats, Harrah's land-based casino and slots at the Fair Grounds s brought in $47.2 million in February, according to figures released last week…

Winnings ・ 22 March 2022

Nola

New Orleans gambling halls see increased winnings in January

New Orleans' gambling halls had a 19.1% hike in revenue in January compared to the year before, with every one of the area's properties posting a year-to-year increase in business. The three riverboats, Harrah's land-based casino and the slot machines at the Fair Grounds brought in $43.9 million in January, according to figures released last week…

Winnings ・ 21 October 2022

Yogonet

Louisiana: New Orleans' casino revenues drop 21.4% in Sept. amid increases statewide

he Louisiana Gaming Control Board released a report showing September's revenues for New Orleans-area casinos were 21.4% lower in a year-over-year comparison due to Hurricane Ida and the closings it forced. The three riverboat casinos, Harrah's and the slots at the Fair Grounds accounted for $26.5 million in September revenues, which represents a…

Finance ・ 26 October 2021

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Nola

New Orleans casino revenue drops in September, while state sees gains

Winnings at New Orleans-area casinos were 21.4% lower in September than a year ago, because of Hurricane Ida related closings. Revenue from the three riverboat casinos, Harrah's and the slots at the Fair Grounds were $26.5 million in September, according to figures recently released by the Louisiana Gaming Control Board. That compares to $33.7…

Finance ・ 05 January 2024

Nola

Hurricane Ida leads to revenue drop at New Orleans casinos

Shutdowns caused by Hurricane Ida caused New Orleans casino revenues to come in 5.3% lower in August than they did the year before. The three riverboats, Harrah's casino and slots at the Fair Grounds brought in $30.5 million in August, according to figures released by the Louisiana Gaming Control Board. That compares to nearly $32.2 million in…

Finance ・ 18 September 2021

Nola

New Orleans casinos report month-to-month revenue drop, see which properties did best

New Orleans area casino revenue was down 7.8% in June compared to the month before. The three riverboats, Harrah's and the slots at the Fair Grounds racetrack brought in $51.9 million during June, according to figures released Thursday by the Louisiana Gaming Control Board. That's down from $56.3 million in May. The casinos brought in twice as much…

Finance ・ 16 July 2021

Nola

The story of casino companies in Louisiana: How they cracked open the door then pushed it open even wider

Riverboats cruising up and down the Mississippi, evoking 19th-century paddlewheelers and tales spun by Mark Twain. A small, stand-alone Monte Carlo-style casino in New Orleans, without amenities, to ensure that gamblers frequented local hotels and restaurants. A limited number of video poker machines at bars and restaurants. That's how gambling was…

Politics ・ 27 June 2021

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Nola

New Orleans casinos outperform state, see which property did best

After months of being down due to the COVID-related drop in tourism, New Orleans area casino revenue outperformed the state in May, increasing by 2.2%. The three riverboats, Harrah's and the slots at the Fair Grounds racetrack brought in $56.3 million during May, according to figures released last week by the Louisiana Gaming Control Board. That's…

Law ・ 22 June 2021

The Advocate

See which Baton Rouge casino was the state's biggest winner in April

Aerial of the L'Auberge Casino and Hotel in Baton Rouge. The three riverboat casinos in Baton Rouge brought in nearly $26.4 million during April, a 13.4% increase over what the properties bought in during March. L'Auberge Baton Rouge had the biggest percentage increase of any of the state's gambling properties in April. It was up 18.9% from March,…

Law ・ 17 May 2021

The Advocate

See which Louisiana casinos were the big winners in March

The three riverboat casinos in Baton Rouge brought in nearly $23.3 million during March, a 132% increase over what the properties bought in during COVID-marred March 2020. Statewide, the 13 riverboat casinos, Harrah's land-based casino and four racinos brought in $225.1 million during March, according to figures released Monday by the Louisiana…

Law ・ 25 June 2021

Nola

Despite further COVID reopening, New Orleans casinos see 34.5% revenue drop in February

New Orleans casinos saw their revenue drop by 34.5% in February when compared to the year before, once again the biggest decrease in any of the state's gambling markets. Statewide, the 13 riverboat casinos, Harrah's land-based casino and four racinos brought in $151.1 million during February, according to figures released Thursday by the Louisiana…

Covid ・ 07 May 2021

Yogonet

Louisiana’s casino revenue sees slight drop in March to $221.5M

According to figures released last week by the Louisiana Gaming Control Board, winnings at Louisiana's state-regulated casinos were down 1.6% in March compared to the year before. The 13 riverboat casinos, four racinos, and Harrah's land-based casino brought in $221.5 million during the month, compared to $225.1 million in March 2021. The drop in…

Finance ・ 14 November 2022

The Advocate

Baton Rouge casino market posts drop in business during January

Baton Rouge's riverboat casino market saw a 5.6% drop in winnings during January when compared to the year before. The 13 riverboat casinos, Harrah's land-based casino and four racinos brought in nearly $174.6 million during January, according to figures released Thursday by the Louisiana Gaming Control Board. That's down 10.9% from the nearly $196…

Industry ・ 07 May 2021

US Gambling Sites

New Orleans Casino Market Subject to Major Revenue Decrease

Every casino market in the United States is trying to get back on its feet after closing back in March due to the onset of the COVID-19 pandemic. Most casinos have opened back up over the past few months, but some are closed again as the positive case counts continue to rise in certain areas. For some, the struggle is just bringing revenues in due…

Finance ・ 19 January 2021

The Advocate

Baton Rouge riverboats post modest revenue drop, still good enough to lead Louisiana casino markets

Baton Rouge's three riverboat casinos combined saw a modest drop in winnings in October when compared to the year before, but that was good enough to be the best performance of any of the state's gambling markets. The state's 14 riverboat casinos, Harrah's land-based casino and four racinos brought in $152.3 million during October, according to…

Travel ・ 07 May 2021

Nola

New Orleans casinos post 31.2% drop in revenue during September

The New Orleans casino market saw its revenue drop by 31.2% in September from year-ago levels as the coronavirus pandemic and hurricanes took a toll on the gambling halls. The state's 14 riverboat casinos, Harrah's land-based casino and four racinos brought in just over $126 million during September, according to figures released Monday by the…

Finance ・ 07 May 2021