Louisiana’s November Casino Winnings Decline

 

Casinos in New Orleans have reported $32.3 million in winnings this November. This shows a decline of 36.5% when compared to $50.8 million in November 2019.

Harrah’s New Orleans reported winning $26.1 million in November 2019. Gaming revenue at the resort this November was $14.7 million, a falloff of 43.5%. Harrah’s recently announced an upcoming name change to Caesars New Orleans and a $325 million renovation.

Gaming revenue at the three riverboat casinos in New Orleans saw a 29.3% drop in the November month-to-month comparison. Casino winnings went from $20.8 million in November 2019 to $14.7 million this November.

In Baton Rouge, casino revenue at the capital city’s three riverboats declined by 16%. The casinos reported revenue of $18.8 million in November 2019, compared to $15.8 million last month. Even with this decline, Baton Rouge outperformed the other gaming markets in the Bayou State.

Winnings in Lake Charles fell 22.2%. Casinos in the area reported revenue of $74 million in November 2019, compared to $57.5 million last month.

In total, the Louisiana casinos had winnings of $151.8 million this year in November. That compares to $204.7 million in November 2019, a decline of 25.9% statewide.

Previous articleUSA Basketball E-National Team Wins FIBA Esports Open North and Central America Conference Championship
Next articlePlaytika Holding Corp Files for an IPO
Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

LEAVE A REPLY

Please enter your comment!
Please enter your name here