Steamboat Casino Louisiana
A study prepared for the Louisiana Department of Economic Development recommends that two riverboat casinos in Bossier City move. Spectrum Gaming Group of Horscham, Pennsylvania, said the. Louisiana was the fourth state to approve riverboat casino gambling and its 1991 gambling law allows a maximum of 15 boats statewide. In 1992 a provision was added for one land-based casino in New Orleans.
- Caesars sells Louisiana riverboat casino as state presence dwindles. 2 December 2020. Tags: belle of baton rouge, Caesars Entertainment, louisiana.
- This photo shows the Isle of Capri in Westlake, La., Monday, Dec. Louisiana has approved its first application to move a riverboat casino to land.
Louisiana’s riverboat casinos, which represent the largest share of gaming revenue in the state, had a revenue decline of 10% in July compared to the same month in 2019.
However, revenue at the state’s 12,700 video gaming devices was up 25.5% compared to July of last year. That was one piece of good news for Louisiana’s coffers in a month when revenue at the state’s lone land-based casino fell more dramatically and racetrack slot machines declined slightly.
RELATED: All About U.S. Online Casinos
Casinos and other forms of gaming in Louisiana are fully back underway after being closed for months in the wake of the coronavirus pandemic, which shuttered casinos all over the country.
Gaming operations in New Orleans were down 20% in July in a year-over-year comparison, according to NOLA.com, the website of the combined Times/Picayune and New Orleans Advocate operation.
Louisiana Gaming Rides High at VGTs
The rise in Louisiana video gaming happened despite the fact that, according to NOLA.com, Gov. John Bel Edwards and New Orleans Mayor LaToya Cantrell ordered bars to shut down in July as a preventative measure to fight COVID-19.
The state’s VGTs drew $62,664,240 of revenue last month, up 25.5% from the $49,928,726 in July 2019. Revenue from machines at bars and restaurants was down by more than 50%, but a 42% spike at truck stops — which have 7,529 machines, more than half of the state total — and a 37.6% rise at racetrack OTBs helped make up for it, accounting for the overall increase.
The 14 riverboat casinos operating in Louisiana combined for $136,984,253 of revenue in July, according to Louisiana Gaming Control Board’s monthly report. That was down 10.3% from the $152,729,319 recorded in July 2019.
The biggest winner among riverboat casinos in July was L’Auberge Baton Rouge, where the revenue spiked by more than $1.45 million in a year-over-year comparison, from $11.5 million to $13 million. The highest gainer in percentage, and nearly in total revenue increase, was Boomtown New Orleans. There, the July figure was nearly $10 million, 13.5% higher than the $8.8 million in July 2019.
For total revenue, Golden Nugget Lake Charles led the state with $27.6 million in July, down 1.2% from the same time last year.
One riverboat facility, DiamondJacks Casino & Hotel in Bossier City, has closed permanently, according to the NOLA.com report.
The state’s only land-based casino, Harrah’s New Orleans, saw a drop of 36.3% compared to July 2019, from $20.4 million to $13 million.
Racinos Down Just Slightly in July
Louisiana’s four racinos, or racetracks with slot machines, combined for $27,645,635 in July, down 5.2% from July 2019. The racino leader by far was Delta Downs in Vinton, with $14,977,349, just a 1.6% decrease compared to last year.
This year is interesting in Louisiana for the gaming industry. Bel Edwards signed a daily fantasy sports bill in July, finally setting in motion a DFS wagering mechanism that the state's voters approved in 2018. And a sports betting referendum will greet voters in November. Each parish must vote on the measure individually.
The last full month before the pandemic was February. From then until March, when gaming facilities began closing, Louisiana saw a 53% percent decline in gaming revenue.
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sharetweetcopy linkLink copied!WRITTEN BY@jdtomlin68Jim Tomlin has more than 20 years of experience in sports journalism as an editor and writer. He has covered pro and college sports from football, baseball, basketball, soccer, golf, motorsports and more for publications such as the Tampa Bay Times, SaturdayDownSouth.com, SaturdayTradition.com and FanRag Sports.... Read MoreJim Tomlin has more than 20 years of experience in sports journalism as an editor and writer. He has covered pro and college sports from football, baseball, basketball, soccer, golf, motorsports and more for publications such as the Tampa Bay Times, SaturdayDownSouth.com, SaturdayTradition.com and FanRag Sports.... Read MoreARTICLES YOU MAY LIKE
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This is a list of casinos in Louisiana.
List of casinos[edit]
| Casino | City | Parish | State | District | type | Comments |
|---|---|---|---|---|---|---|
| Amelia Belle | Amelia | St. Mary | Louisiana | Riverboat | Formerly Bally's, Belle of Orleans. | |
| Belle of Baton Rouge | Baton Rouge | East Baton Rouge | Louisiana | Riverboat | Formerly Argosy Casino. | |
| Boomtown Bossier City | Bossier City | Bossier | Louisiana | Riverboat | Formerly Casino Magic. | |
| Boomtown New Orleans | Harvey | Jefferson | Louisiana | Riverboat | ||
| Coushatta Casino Resort | Kinder | Allen | Louisiana | Native American | Formerly Grand Casino Coushatta. | |
| Cypress Bayou Casino | Charenton | St. Mary | Louisiana | Native American | ||
| Delta Downs | Vinton | Calcasieu | Louisiana | Racino | ||
| Diamond Jacks Casino Bossier City | Bossier City | Bossier | Louisiana | Riverboat | Formerly Isle of Capri. Permanently closed. | |
| Eldorado Shreveport | Shreveport | Caddo | Louisiana | Riverboat | Formerly Hollywood Casino. | |
| Evangeline Downs | Opelousas | St. Landry | Louisiana | Racino | ||
| Fair Grounds Race Course | New Orleans | Orleans | Louisiana | Racino | ||
| Flamingo Casino New Orleans | New Orleans | Orleans | Louisiana | Riverboat | Closed 1997.[2] | |
| Golden Nugget Lake Charles | Lake Charles | Calcasieu | Louisiana | Riverboat | ||
| Harrah's Lake Charles | Lake Charles | Calcasieu | Louisiana | Riverboat | Closed 2005.[3] Formerly Players Island. | |
| Harrah's Louisiana Downs | Bossier City | Bossier | Louisiana | Racino | ||
| Harrah's New Orleans | New Orleans | Orleans | Louisiana | Land-based | ||
| Hollywood Casino Baton Rouge | Baton Rouge | East Baton Rouge | Louisiana | Riverboat | Formerly Casino Rouge. | |
| Horseshoe Bossier City | Bossier City | Bossier | Louisiana | Riverboat | ||
| Isle of Capri Casino Lake Charles | Westlake | Calcasieu | Louisiana | Riverboat | ||
| Jena Choctaw Pines Casino | Dry Prong | Grant | Louisiana | Native American | ||
| L'Auberge Casino Resort Lake Charles | Lake Charles | Calcasieu | Louisiana | Riverboat | ||
| L'Auberge Casino Baton Rouge | Baton Rouge | East Baton Rouge | Louisiana | Riverboat | ||
| Margaritaville Resort Casino | Bossier City | Bossier | Louisiana | Riverboat | ||
| Paragon Casino Resort | Marksville | Avoyelles | Louisiana | Native American | Formerly Grand Casino Avoyelles. | |
| River City Casino | New Orleans | Orleans | Louisiana | Riverboat | Closed 1995. | |
| Sam's Town Shreveport | Shreveport | Caddo | Louisiana | Riverboat | Formerly Harrah's. | |
| Showboat Star Casino | New Orleans | Orleans | Louisiana | Riverboat | Closed 1995.[4] | |
| Treasure Chest Casino | Kenner | Jefferson | Louisiana | Riverboat |
Slot Payback Percentages[edit]
| BR | LC | NO | SB | |
|---|---|---|---|---|
| 1¢ | 88.70% | 88.57% | 88.96% | 89.01% |
| 5¢ | 91.69% | 94.31% | 93.31% | 93.12% |
| 25¢ | 92.30% | 93.08% | 92.43% | 90.73% |
| $1 | 93.56% | 92.33% | 92.72% | 93.03% |
| $5 | 94.49% | 92.99% | 92.93% | 92.70% |
| All | 90.50% | 90.63% | 90.23% | 90.43% |
Slot payback percentages are acquired yearly from American Casino Guide Book. Louisiana state gaming laws require that casino machines must payback a minimum of 80% and a maximum of 99.9%.[5]
Gallery[edit]
Sam's Town Hotel and Gambling Hall
See also[edit]
References[edit]
Steamboat Casino Louisiana
- ^http://louisiana.casinocity.com/casinos/
- ^B. Drummond Ayres Jr. (October 14, 1997). 'In New Orleans, the house loses'. New York Times. Retrieved 2014-12-09.
- ^Steve Green (November 4, 2009). 'Appeals court sides with Harrah's, Pinnacle in Louisiana case'. Las Vegas Sun. Retrieved 2014-12-10.
- ^'Louisiana's first riverboat heading for Texas border'. The Paris News. AP. March 14, 1995. Retrieved 2014-12-09.
- ^'Slot Machine Payback Statistics'. American Casino Guide Book. Retrieved 2020-08-05.
Riverboat Casino Louisiana
External links[edit]
| Wikimedia Commons has media related to Casinos in Louisiana. |