Louisiana gambling casino revenue from expansion slot machines and table games continues to disappoint from a year ago. That trend continued inwards July, the Pelican State Gaming Control Board (LGCB) reported Monday.
Gross gaming revenue (GGR) from the state’s 15 riverboats and lone land-based gambling casino totaled approximately $164.1 jillion inward July 2023. That represents a 6% decrease, or a $10.7 million light from the $174.8 million that the 16 casinos won inward July 2022.
July marked Louisiana’s 6th consecutive month, where statewide gaming revenue was below the same month inward 2022.
Harrah’s New Orleans, the state’s only when land-based casino, reported July revenue of $17.4 million. That’s a 23% correct from the to a greater extent than $22.6 1000000 the Caesars-operated gambling casino won inward the same month shoemaker's last year.
The three-casino Lake Charles II market place led the right smart with a come GGR of $60.5 million. That figure represents a 7% discharge from July 2022. L’Auberge Lake Charles the Bald reported a GGR of $27.1 million, downwardly almost 1%, piece the Golden Nugget saw gaming win topple almost 12% to $25.8 million. The Horseshoe’s win was cancelled still more, down pat(p) 14% to simply $7.5 million.
The revenue doesn’t include income from sports betting, which was a smart recognize for the LA gaming industry endure month. Oddsmakers won near $12.5 1000000 cancelled bettors, an 8% year-over-year increase.
Shreveport & Bossier City Offset Some Losses
It wasn’t only Lake Charles casinos and Harrah’s New siege of Orleans that saw revenue playground slide in July, as riverboats inward Baton Rouge also experienced declines. The Belle, Hollywood, and L’Auberge Baton Rouge casinos collectively won $19.3 million, a 3% year-on-year slowdown.
L’Auberge, which dominates the Baton Rouge market, reported plane revenue from a year ago at $14.4 million. Hollywood’s GGR tumbled 15% to $3.7 million, and the Belle of Baton Rouge’s $1.2 million win was land over 3%.
July wasn’t all bad, however, as the half-dozen boats in the Shreveport/Bossier City securities industry combined to win nearly $48 million, which was rough monotone from a twelvemonth ago.
The 15 riverboat casinos won $146.6 meg inward July 2023, a nearly 4% inclination compared with July 2022.
Heat Could Sizzle August Revenue
Casino.org was in Lake Charles this past weekend and checked inward on business sector at the 3 boats.
Much of LA remains amid utmost(a) heat. The tyrannical temperatures get been accompanied by a drought, with the in conclusion important rainfall inward Lake Charles IX coming back on July 6.
The National Weather Service says tomorrow, Aug 23, could follow the hottest daylight on track record for often of the Bayou State. Temperatures are expected to climbing to a higher place the 100-degree Gabriel Daniel Fahrenheit German mark crossways the province daily through and through next Monday.
The daytime UV forefinger remains listed as “Extreme” by the NWS, and the afternoon Heat Index — or what it feels the likes of — is expected upwards of 110 degrees today through Mon evening.
With even longtime Louisianians finding the heat energy unbearable, outdoor activities have got been limited. That could outcome inwards some locals frequenting the state’s casinos to break loose the relentless sun.
During our turn on this yesteryear weekend, the Golden Nugget was bustling, and the cassino level was exceedingly busy. Many vehicles in the parking garage sported Texas license plates, as the Sam Houston tube is Lake Charles’ primary tributary market.
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