• Mon. Jun 21st, 2021

Louisiana Gaming Income Surges in March, In comparison with First Month of Pandemic

ByBet-Now

Apr 21, 2021

Posted on: April 20, 2021, 03:41h. 
Final up to date on: April 20, 2021, 04:53h.

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Louisiana’s casinos noticed a big share enhance in gaming income final month in comparison with March 2020, when COVID-19 charges started to spike.

Flags fly in entrance of Harrah’s New Orleans close to the Mississippi River. Harrah’s is the one land-based on line casino in Louisiana. (Picture: KATC-TV)

This yr in March, the state’s 13 riverboat casinos, a land-based on line casino in New Orleans, and 4 racinos introduced in $225.1 million, in accordance with the Louisiana Gaming Management Board. This represents a 132 % enhance in comparison with March 2020, when Louisiana had 15 riverboats in operation as a substitute of 13.
This yr, the state has been down two riverboat casinos. The Isle of Capri in Lake Charles, broken throughout Hurricane Laura final yr, is closed briefly. In Shreveport-Bossier Metropolis, the DiamondJacks riverboat on line casino has been shuttered.

In 2020, each Louisiana on line casino closed on March 17 on the onset of the coronavirus pandemic. The casinos remained closed for nearly two months.  

Final month, the casinos within the New Orleans space generated $51.6 million, a 119 % enhance over the earlier March. This features a 114 % enhance at Harrah’s New Orleans. The land-based Harrah’s went from $10.5 million in March 2020 to $22.4 million final month, in accordance with the New Orleans web site nola.com. 
The riverboat casinos within the New Orleans space additionally skilled massive share will increase in gaming income. One instance is Boomtown New Orleans in Harvey, throughout the Mississippi River from downtown New Orleans. Boomtown went from $5 million in March 2020 to $12.4 million one yr later, a 150% enhance.
Large Share Will increase
Different elements of the state additionally noticed massive gaming will increase this March in comparison with March 2020.
The most important share acquire at any on line casino statewide was at Margaritaville Resort On line casino in Bossier Metropolis. That riverboat on line casino went from $6.5 million in income in March 2020 to $19.7 million final month, a 203 % enhance.
Bossier Metropolis is in Northwestern Louisiana. It’s on the east aspect of the Crimson River, throughout from Shreveport. The Shreveport-Bossier Metropolis metropolitan space is about two-and-a-half hours east of Dallas. 
Different resorts within the space additionally carried out a lot better final month, in comparison with March 2020. Eldorado Resort On line casino in Shreveport went from $4.4 million to $11.1 million, a 154 % enhance, in accordance with nola.com. 
South Louisiana Rebounds
In South Louisiana, casinos all through the world had main share will increase final month, in comparison with the earlier March.
Hollywood On line casino Baton Rouge had the biggest enhance within the capital metropolis, up 162 %. It went from $2.5 million to $6.6 million.
Nearer to the Texas border, the casinos within the Lake Charles space loved massive share will increase by month-to-month comparability. L’Auberge Lake Charles was the largest share winner in Southwestern Louisiana. It went from $10.8 million in March 2020 to to $30 million final month, a 179 % enhance.

In February, some Louisiana casinos closed due to frigid temperatures that paralyzed a lot of the area for a number of days. This contributed to a decline in on line casino wins in comparison with the earlier February.

This bitter chilly adopted a document variety of hurricanes that clobbered South Louisiana through the summer time and fall, additionally resulting in non permanent on line casino closures.  

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