Louisiana’s gaming industry down around $830 million in revenue through November 2020

Louisiana’s gaming industry down around $830 million in revenue through November 2020

Article brief provided by Lafayette Daily Advertiser
  • William Taylor Potter, Lafayette Daily Advertiser
January 15, 2021 8:30 AM
  • William Taylor Potter, Lafayette Daily Advertiser

Louisiana’s gaming industry likely lost more than $830 million in 2020, and at least 4,790 employees were laid off at some point during the year, according to data from the Louisiana Workforce Commission and the Louisiana Gaming Control Board.

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Through November, Louisiana’s video gaming, racetrack slot machines, land-based casinos and riverboat casinos combined to lose more than $829.7 million in revenue compared to the same period in 2019. The Louisiana Gaming Control Board’s revenue reports do not include all casinos, such as Indian casinos.

Video gaming machines stationed at bars, restaurants, hotels, racetracks and truck stops have seen revenue fall by about $76.5 million through November — a 13.2% loss from the same period in 2019.

The state’s lone land-based, non-Indian casino, Harrah’s in New Orleans, saw revenue fall $137.2 million or by more than half compared to last year.