New Orleans casino revenues drop by 31% in December

New Orleans casino revenues drop by 31% in December

Article brief provided by New Orleans Advocate
  • Timothy Boone, New Orleans Advocate
January 22, 2021 12:45 PM
  • Timothy Boone, New Orleans Advocate

The New Orleans casino market saw its revenue drop by 31% in December from nearly $52 million to $35.9 million, the biggest plunge of any gambling market in the state.

Story continues below

The 13 riverboat casinos, Harrah’s land-based casino and four racinos in the state brought in nearly $161.9 million during December, according to figures released Thursday by the Louisiana Gaming Control Board. That’s down 23.1% from the $210.4 million that 15 riverboats, Harrah’s and the four racinos generated in December 2019.

Casino capacity has been capped at 50% in an attempt to control the spread of the coronavirus pandemic.

Video poker revenue was up 2.4% statewide in December to $54.5 million from $53.2 million. The increase happened even though video poker revenue from bars was down by 38.8% and 10.9% from restaurants. Revenue from video poker truck stops, which account for the largest share of machines, was up 11.9%.