Winter endure and COVID-19 concerns walloped Louisiana’s gaming industry in February, causing a soak up declination in gaming revenue.
In February, Louisiana’s 13 riverboats, I land-based gambling casino in New Orleans, and quatern racinos collected $151.1 million, according to the LA Gaming Control Board. This figure is 28.9 percent beneath the $212.5 jillion inwards February 2020.
The Feb 2020 figures are from the last full month before the coronavirus pandemic swept crosswise the globe.
This year’s numbers are based on deuce fewer riverboat casinos than the previous February. The Isle of Capri inward Lake Charles, damaged during Hurricane Laura lowest year, has closed in(p) temporarily. In Shreveport-Bossier City, the DiamondJacks riverboat casino was shuttered inward May.
In addition, severe overwinter brave this yr forced some riverboat casinos to confining for up to tercet days, according to the New Orleans newsprint website nola.com.
Much of the country, including states in the South, were paralyzed by a rich immobilize in February. Icy roads and closed in(p) bridges kept many customers forth even from the riverboat casinos that remained opened during plunging temperatures, the newspaper publisher reported on its website.
For those visiting the state’s gaming halls, cassino content has been capped at 50 percent because of COVID-19 refuge mandates.
New siege of Orleans Slump
The largest falloff of any of the state’s gaming markets occurred inward New Orleans, where casino revenue dropped by 34.5 percent in Feb 2021, compared to the previous February. New Orleans drop from $55.2 one thousand thousand in February 2020 to $36.1 billion last-place month.
Gaming wins at Harrah’s Casino New Orleans, the only land-based gambling casino inward the state, drop by 40 percent, from $26.6 1000000 to $15.8 million.
The riverboat casinos inwards the New siege of Orleans experienced a 27.6 falloff in gaming wins. This included a 35.1 percent declination at the Treasure Chest, from $9.5 billion to $6.2 million. The Treasure Chest is NW of downtown New Orleans at Lake Pontchartrain.
A subdued Mardi Gras harden also resulted in fewer visitors to the state. Instead of parades for Mardi Gras this February during the pandemic, New Orleans residents were encouraged to grace the exteriors of their homes and to find other ways to celebrate, including participating inwards a virtual exhibit on an app.
Typically, Mardi Gras attracts 1 million people to New Orleans and has an economic do good of $144 million, according to nola.com.
The other markets inwards Louisiana, including Shreveport-Bossier City, Lake Charles, and Baton Rouge, also took inwards less revenue this February, compared to Feb 2020.
In the uppercase city, for instance, the Belle of Baton Rouge was shut for II days during the freeze. Its revenue of $1.2 one thousand thousand in February 2021 was 46.9 percent below the previous February’s.
Arkansas Winnings Decline
The casinos in AR also won less money this February. Like Louisiana, the Natural State was come to past spartan winter atmospheric condition inwards February.
Arkansas, which shares a march with Louisiana, is place to troika casinos. These are Southland inward Mae West Memphis, Oaklawn inward Hot Springs, and Saracen inward Pine Bluff.
All trey Arkansas casinos took inwards less gaming revenue this February than in the previous month.
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