The Louisiana Gaming Control Board (LGCB) has posted its financial reports for September in its land-based, riverboat casino, video gambling and racetrack slot machine sectors, which all experienced a slight revenue decrease year-on-year.
The land-based Harrah’s New Orleans Casino saw the largest drop, generating $20.7m in September 2023, 9.8% less gross gaming revenue (GGR) year-on-year.
Year to date, which for the LGCB began July 1 2023, Harrah’s New Orleans Casino has brought in $55.1m, while in the same period during 2022, it had made $64.9m in GGR.
Year to date, the casino also saw a 25.3% decrease in its admissions to 575,356. For the month of September, the casino had 197,078 admissions, 27.9% down, year-on-year.
Riverboat casinos brought in 0.9% less adjusted gross revenue (AGR) year-on-year, and made $139.5m total, with the three Lake Charles area riverboats outperforming New Orleans, Baton Rouge and Shreveport/Bossier area riverboats, generating $59.5m AGR.
The top three riverboat casinos that generated the most AGR were: L’Auberge Lake Charles with $26.5m, Golden Nugget Lake Charles with $25.9m and Margaritaville Resort Casino in Bossier City with $14.8m.
When combining land-based and riverboat casino AGR, September 2023 brought in $160.2m, 2.1% less than September 2022.
The video poker terminals in Louisiana brought in a net devolved revenue (NDR) of $60.1m down from the $62.4m made in September 2022. There are currently 1,384 video gaming locations between bars, restaurants, hotels, racetracks and truckstops with 11,811 devices.
Slot machines at Louisiana’s racetracks generated $25.1m AGR, down 1.8% from the previous September. Delta Downs brought in over half of that figure with $12.9m.
Sports wagering figures were not yet reported at the time of writing.
