Louisiana
Commercial Casino/Racino Revenues*
|
|||
May-Sep 2014
|
May-Sep 2013
|
% Change
|
|
Shreveport/
Bossier City
|
$313,484,299
|
$311,683,341
|
0.58%
|
Lake
Charles
|
$316,045,688
|
$321,531,644
|
-1.71%
|
New
Orleans
|
$262,600,976
|
$266,726,610
|
-1.55%
|
Baton
Rouge
|
$117,269,307
|
$119,892,991
|
-2.19%
|
Total
|
$1,009,400,270
|
$1,019,834,586
|
-1.02%
|
We don’t feel that this small drop is cause for concern, though. When we look at revenue for the top casinos in the state, revenues have actually risen in the top three. Because racetrack seasons can vary wildly each year, the decline at Delta Downs in the Lake Charles region is not alarming.
Revenues at Louisiana's Top 5 Commercial Casinos/Racinos*
|
||||
May-Sep 2014
|
May-Sep 2013
|
%
Change
|
||
1
|
L’Auberge/
Lake Charles
|
$154,842,866
|
$148,547,589
|
4.24%
|
2
|
Harrah’s/
New Orleans
|
$139,076,767
|
$134,017,029
|
3.78%
|
3
|
Horseshoe/
Bossier City
|
$89,983,319
|
$85,197,064
|
5.62%
|
4
|
Delta
Downs/ Lake Charles
|
$69,718,689
|
$77,301,439
|
-9.81%
|
5
|
L’Auberge/
Baton Rouge
|
$61,854,926
|
$63,637,087
|
-2.80%
|
Top
Five LA Casino Totals
|
$515,476,567
|
$508,700,208
|
1.33%
|
*Source: Louisiana Gaming Control
Board Revenue Reports
We see an
upward trend in Louisiana destination casinos like L’Auberge. These luxury
destinations attract the young, the wealthy, and the tourists. When casino
revenues across the country are sluggish, this rise in luxury destination
casinos is worth following.
Please note: Revenues for
the four Native American Casinos in Louisiana are not included in this writing. Stay tuned
for more information on this topic!
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