News From The Casino Scene

Louisiana Casino's Revenues Continues to Climb

Louisiana Casino's Revenues Continues to Climb

Revenues are going up for the Louisiana Casino's as a newly released report shows that the states casino's experienced a 1.3% growth in October compared to last year's numbers, making the total revenues in October hit $187.3 million.

Despite the overall increase in revenues, some casino's experienced a decrease in revenues. Harrah's Casino in New Orleans which is the states only land-based casino had a massive 8.1% decrease in revenue compared to last year, having $25.9 million in revenues in October. Also the Baton Rouge riverboats experienced a decrease in their revenues compared to last year, having $21.4 million in revenues giving them a decrease of 5.8% in total across their casinos.

Louisiana State's own riverboats however had a increase of revenues of 5% compared to last years numbers, with a total revenue of $132.2 million, while their slot machine casinos had an increase of 4.1% in revenue compared to last years numbers, having $29.1 million in revenues.

With revenues going down all over America, Louisiana has worked hard to continue their growth and continues to go against market trends to ensure that they have a healthy gambling environment in their state. Frank J. Frahrenkopf from the American Gaming Association made the following comment on Louisiana's great results “After three years of increasing growth and positive signs in all sectors of the industry, it’s clear that we have weathered the recession.”

News by Daniel Allermand
Daniel Allermand - Reporter

Daniel Allermand is a freelance writer, with more than 4 years of experience in the industry as an operator, affiliate and poker player. Daniel has decided it was time to try and bring more coverage about the industry to the general public by writing articles about everything from poker to casino.


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