Louisiana is one of the gaming states in the U.S. The Louisiana Gaming Control Board (LGCB) revealed the state’s gaming report for October on November 16. Its figures indicate that all gambling operations raked in $174.5 million
This is about 2.5 percent less than their revenue in October 2022. Also, it is Louisiana’s ninth consecutive month to have a reduction in its year-on-year gaming revenue.
More Details About the Gaming Report
The LGCB’s reports showed that local retail sports gaming companies collected $32 million in October and generated $3.3 million. St. Landry Parish’s Evangeline Downs Racetrack & Casino made $5.9 million in profit, hence having a 2.5 percent year-over-year decrease.
Still, Louisiana’s brick-and-mortar gaming venues had a different revenue record unlike that of October 2022. Some of the properties made less revenue last month hence matching the state’s overall gaming market’s performance.
Lake Charles’ District’s Figures
The LGCB revealed that The Lake Charles District raked in $63.4 million in gaming revenue contributing a large percentage of the state’s casino revenue. Nevertheless, the figure was a 4.2 percent drop year-over-year.
Golden Nugget Lake Charles led in the district with the highest gaming profit of $23.6 million despite facing stiff competition from other local operators. L’Auberge Casino Resort Lake Charles was second with $22.2 million and Delta Downs Racetrack Casino Hotel made $10.9 million in profits, being the third-best performing casino. Horseshoe Lake Charles made the lowest gaming revenue in the district at $6.7 million.
What About Shreveport/Bossier?
The Shreveport/Bossier district’s gaming venues made $44.8 million in gross gaming revenue last month. It was a 3.6 percent rise in year-over-year revenue.
The Margaritaville Resort Casino earned $14.4 million from gaming being the leading local operator. Horseshoe Bossier City was second with $13.3 million in revenue and Bally’s Shreveport Casino & Hotel raked in $8.1 million.
New Orleans’ Gaming Market
Harrah’s New Orleans led the New Orleans district’s gaming sector with $19.6 million in revenue. Boomtown Casino & Hotel made $8.6 million in profits and Treasure Chest Casino generated $6.3 million in gross gaming revenue. But, the district’s overall revenue dropped by 12.2 percent compared to the $39.9 million it earned in October 2022.
Baton Rouge District
the LGCB revealed that Baton Rouge raked in $20.6 million in revenue last month, having a 13.3 percent increase compared to October 2022’s figure. L’Auberge Casino Hotel made $13.4 million in profits.
Yet, the Queen of Baton Rouge earned $6.4 million in revenue, hence having a 50.8 percent increase unlike in October last year. The Belle of Baton Rouge made $0.8 million in gaming profit. It attracted many new players in the past year.
the LGCB’s gaming report indicates that some local casinos have thrived since October 2022. Nevertheless, this was its ninth consecutive time to record a decline in overall gaming performance.
