Louisiana casino results down in December

Jan 25, 2016 10:50 AM

Louisiana’s 15 riverboats, four racinos and the land-based Harrah’s New Orleans on the edge of the French Quarter brought in $217.2 million in December, a 7.5 percent drop from the December 2014 total of $234.8 million, according to revenue figures released by state police.

Casino winnings in New Orleans fell by 13.5 percent in December, making it the Louisiana gambling market to post the biggest year-to-year decrease in revenue. The slowdown in the energy business with its impact on discretionary spending is seen as a possible factor affecting the dip.

The three riverboats, slots at the Fair Grounds and the Harrah’s land-based casino brought in $48.3 million. That compares with nearly $55.9 million in winnings during December 2014.

Casino winnings in Shreveport-Bossier City and Lake Charles all dropped year to year. Baton Rouge had a 5.8 percent gain, and Opelousas was up 1.1 percent, thanks to increased activity at Evangeline Downs racetrack.

Phil Hevener has been writing about the Nevada gaming business for more than 30 years. Email: [email protected].