(The Center Square) – Louisiana’s casino revenue was down more than 21 percent in December compared to December 2019, according to the newest state report. Every property but one took in less money than during the previous December, continuing the downward slide for a highly taxed sector that is important to state finances. Louisiana’s casinos and racinos entered 2021 with a bounce, as January’s overall state gaming revenue rose 9% compared to December 2020. With all video gaming, riverboat casinos, racinos (slots at racetracks) and one land-based casino combined, Louisiana gambling revenues added up to $235.8 million in the first month of the new year, a rise of nearly $20 million from the $216.4 million in Louisiana’s casino revenue was down more than 21 percent in December compared to December 2019, according to the newest state report. Every property but one took in less money than during the previous December, continuing the downward slide for a highly taxed sector that is important to state finances. L’Auberge... Louisiana casinos have seen substantial declines in revenue in the last year, leading casino advocates to sound the alarm that the state’s gaming industry is shrinking. Shreveport casinos are down 11.6 percent, Lake Charles 10 percent, New Orleans five percent, and Baton Rouge 13 percent. Louisiana’s casino revenue was down more than 21 percent in December compared to December 2019, according to the newest state report. Every property but one took in less money than during the previous December, continuing the downward slide for a highly taxed sector that is important to state finances. Leading casino advocates warn that Louisiana’s gaming industry is shrinking. WWL reports Louisiana casinos have seen substantial declines in revenue in the last year. Shreveport casinos are down The Baton Rouge market was down only 0.3 percent, with L’Auberge Baton Rouge reporting a 7.3 percent uptick compared to last October. Louisiana’s casinos were struggling to compete with those in neighboring states even before the pandemic. Coronavirus restrictions currently limit the facilities to half of their normal capacity, and alcohol service must be cut off at 11 p.m. Contact Us; Address 7901 Independence Blvd. Building A Baton Rouge, LA 70806 Phone (225) 925-1846 1-888 295-8450 Fax (225) 925-1917 or 925-1945 Office Hours ouisiana’s casino revenue dropped more than 21% in December compared to December 2019, according to the newest state report. Every property but one took in less money year-over-year. L’Auberge Baton Rouge was up 1.2 percent, as reported by The Center Square. Every other facility that remains open was down, most by double digits. BATON ROUGE – Louisiana’s casino revenue was down more than 21 percent in December compared to December 2019, according to the newest state report. Every property but one took in less money than during the previous December, continuing the downward slide for a highly taxed sector that is important to state finances.
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