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Louisiana casino revenues down over 5 percent from calendar quirk

Wade Duty, executive director of the Louisiana Casino Association, which represents the state’s gambling industry, noted there were four weekends during July, compared with five in July 2017. “That’s usually good for about 5 percent statewide,” Duty said of the extra weekend a year ago. The calendar difference didn’t have any effect on video poker revenues. Revenue from terminals in truck stops, bars and restaurants was up 3.4 percent in July to $49.2 million from $46.2 million. The Belle of Baton Rouge, the city’s oldest casino, saw revenues drop by almost 37 percent to $3.2 million from $5.1 million. L’Auberge Baton Rouge had a nearly 27 percent drop to $12.0 million from $16.3 million a year earlier. Hollywood Casino Baton Rouge had the smallest year-to-year drop, 18 percent to $4.7 million from $5.8 million. New Orleans had a 1.4 percent drop in revenue from $50.8 million to $50.0 million. The Crescent City’s performance was aided by the slots at the Fair Grounds racetrack, one of only three properties in the state to bring in more money in July than the year before.

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