Tuesday, July 7, 2015

What’s Hot, What’s Not: Our Louisiana – Mississippi Casino and Racino Tour

Our travels took us to 22 casinos and 2 racinos in the two states last month. We visited Bossier City-Shreveport, Lake Charles, Central Louisiana and New Orleans facilities in Louisiana plus a number of facilities in the Bay St. Louie and Biloxi, Mississippi areas.

What’s Hot New Hotel Rooms, 1435 new rooms since late December 2014. 
  • Golden Nuggets, Lake Charles, Louisiana = 740
  • Boomtown, Harvey/New Orleans area…. = 150
  • Island View, Gulfport/Biloxi, Mississippi…= 405
  • Silver Slipper, Bay St. Louis, Mississippi = 140
  • Coushatta Casino Resort, Kinder/Lake Charles, Louisiana – Opened 208 rebranded and remodeled Grand Hotel designated for adults 21 and older only.
  • Boyd Gaming announced a $45 million expansion of the hotel and racino facility at their Vinton, Louisiana, Delta Downs Facility.
  • The new Scarlet Pearl Casino and Hotel in d’Iberville/Biloxi market is scheduled to open its casino and 500 room hotel facility later this year.
  • Bossier City:  Great crowds and activity at Margaritaville and the Horseshoe.
  • Central Louisiana:  Great crowds and activity at the Casino, Racetrack and food areas at Evangeline Downs.
  • Lake Charles Area:  Great crowds and activity at the Golden Nugget, L’auberge and the Coushatta Casino Resort.
  • Bay St. Louis:  Great Crowds and activity at the Silver slipper.
  • Gulfport, Mississippi:  Island View’s beautiful beach hotel with great crowds and activity.
  • We observed the “forgotten” Gen-X crowd prominently represented in a number of the facilities we visited.
  • A baseball game at the new MGM Park, home of the Biloxi Shuckers.
What’s Not
  • The smoking ban in New Orleans – Gaming revenues are off at Harrah’s and the Fairgrounds. Nearby casinos not affected by the smoking ban -- The Treasure Chest in Kinner and Boomtown in Harvey, both in the New Orleans market -- are up for four of the five months. Casino operators would prefer the no-smoking policies be carried out in a way that doesn’t drive their customers down the road to a smoking facility.
  • Gaming revenues at Harrah’s Louisiana Downs Racino are way off again this year.  Unfortunately, the facility looks as shabby as the gaming revenue numbers.
  • Gaming revenues at Diamond jacks, Bossier City, Louisiana were down each of the first five months. During our visit we saw very slow activity in the casino and food areas.
  • The near-total absence of the highly sought-after millennials at most of the facilities.  Heads up --  start promoting to the Gen-X age group.  It will likely pay off. (More to come on this)


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