Louisiana Gaming Management Board launched on 16 November 2023 the gross gaming income figures achieved by the state playing business in October. In response to the Board, the revenues from the general playing operations reached the extent of $174.5 million to testify a few 2.5% decline when in comparison with the identical month in 2022. The October’s gaming income complete reportedly represents the ninth straight month of the year-on-year decline of gaming revenues in Louisiana.
Decrease Income Figures:
In response to the supply, the Louisiana retail sports activities betting operators collectively dealt with round $32 million to document the $3.3 million income in October. Evangeline Downs Racetrack & On line casino in St. Landry Parish reportedly generated $5.9 million, which is a 2.5% year-over-year decline. In the identical month, the efficiency of land-based on line casino properties confirmed completely different tendencies when in comparison with October 2022 however a major variety of these services reported decrease figures to align with the general market efficiency.
Lake Charles Efficiency:
In October 2023, the efficiency of Louisiana properties was primarily pushed by The Lake Charles district which recorded the gaming income of $63.4 million. The determine, although, represents a year-over-year decline of 4.2%. The contribution of the district was concurrently led by the Golden Nugget Lake Charles which recorded the best income degree of all of the Lake Charles properties with $23.6 million in gaming income. L’Auberge On line casino Resort Lake Charles adopted with $22.2 million, whereas Delta Downs Racetrack On line casino Lodge generated $10.9 million in revenues. Horseshoe Lake Charles posted $6.7 million to current the bottom determine within the Lake Charles district.
Shreveport/Bossier Efficiency:
On the identical time, on line casino properties within the Shreveport/Bossier district collectively reported $44.8 million of gross gaming revenues generated in October to testify a few 3.6% improve on the year-over-year foundation. As a sequence of the entire, the Margaritaville Resort On line casino generated $14.4 million in revenues with the Horseshoe Bossier Metropolis following with $13.3 million and Bally’s Shreveport On line casino & Lodge posting $8.1 million in revenues.
New Orleans October Outcome:
In New Orleans district, Harrah’s New Orleans recorded $19.6 million of gross gaming income to steer the on line casino market efficiency within the district. As reported, Boomtown On line casino & Lodge generated $8.6 million in revenues, with Treasure Chest On line casino ending the month with $6.3 million in revenues. General, the on line casino income declined 12.2% compared to October 2022 to settle on the $39.9 million degree.
Baton Rouge Figures:
Baton Rouge district reportedly generated $20.6 million in gross gaming revenues through the month to face for a 13.3% improve compared to the identical month of 2022. L’Auberge On line casino Lodge reportedly generated $13.4 million in gaming revenues, with the Queen of Baton Rouge reporting a rise of as a lot as 50.8% over October 2022 producing $6.4 million in gross gaming revenues. The Belle of Baton Rouge reached the $0.8 million income degree.
Whatever the excellent efficiency of among the above properties, Louisiana gaming market marked October 2023 because the ninth consecutive month of decline in total revenues when in comparison with the identical month in 2022.
