Louisiana July Gaming Win Exceeds Total During Early COVID-19 Stages?

Posted on: August 23, 2021, 02:46h. 

Last updated on: October 5, 2021, 10:16h.

Larry Henry Read More

Expertise: Commercial Gaming, Gaming Business, Legislation, Politics, Regulation.

Louisiana’s casinos won 25 percent more this July than one year earlier, which was during the coronavirus pandemic’s first summer surge.

This year in July, the state’s casinos won $222 million, compared to $177.6? million in July 2020, according to the New Orleans website nola.com. Last year, casino capacity was capped at 50 percent. There are no capacity limits now.

The July casino win is slightly higher than June’s total this year of $221.6 million.

In New Orleans, the Harrah’s land-based casino, three riverboat casinos, and one horse track in the area brought in more than $55.1 million in gaming revenue in July. That’s a 46 percent in increase over the $35.7 million win total in July 2020. Coronavirus infections had begun to surge a few months earlier in March 2020.

The largest percentage increase this July came at the Eldorado Resort Casino, a riverboat on the Red River in Shreveport. The casino won?$11.3 million in July,?a 101.2 percent increase over last July’s $5.6 million win total. The riverboat casinos in Shreveport were in the news recently regarding a casino smoking ban that took effect on Aug. 1. Shreveport is in the boot-shaped state’s northwest corner.

The only property that experienced a dip in revenue in July was the Belle of Baton Rouge. The riverboat casino is on the Mississippi near downtown Baton Rouge in South Louisiana. Its July revenue of $1.5 million this year was down 2.3 percent from last year’s total of just more than $1.5 million.

Casinos Move Ashore

Last year, in August and into the fall, several deadly hurricanes slammed into Louisiana, damaging homes and businesses, including casinos.?

In Lake Charles, the Isle of Capri came unmoored during a major hurricane and became wedged in the I-10 bridge. No one was injured. The casino now is being transformed from a riverboat property into a land-based resort. It is scheduled to open next year as the Horseshoe Casino Lake Charles.

East of there in Baton Rouge, the Hollywood Casino has become the first riverboat in the capital city to begin moving ashore. Construction on Hollywood’s land-based site is expected to be completed by the end of next year.

When riverboat casinos were first authorized in Louisiana during the early 1990s, the boats were required to journey into open water away from the port. That was changed in 2001 to permit the riverboats to remain docked. In 2018, the law was adjusted to allow riverboats to be scrapped in favor of land-based operations.

Another riverboat casino, the Treasure Chest at Lake Pontchartrain, also is expected to move its operations onto land. The Treasure Chest is in Kenner, northwest of downtown New Orleans.

Vaccine, Negative Test Required?

As the state experienced higher casino win totals in July, a surge in coronavirus cases, coupled with low vaccination rates, forced changes in August for large gatherings in New Orleans.

Last month, the New Orleans mayor reinstated the city’s mask mandate, which had been in place for almost a year during the coronavirus’ first three waves.