New Orleans Casino Revenue Tumbles in Hurricane Ida’s Wake

Battered past Hurricane Ida, New siege of Orleans casinos made to a lesser extent money combined inward August than the same month I year earlier.

New Orleans-area casinos brought inward $30.5 trillion this yr inwards August, according to nola.com. In August 2020, the same properties won $32.2 zillion from gamblers, a 5.3 percent decline.

These properties include deuce-ace riverboat casinos, the Harrah’s land-based holiday resort in downtown New Orleans, and the Fair Grounds — a Crescent City Equus caballus rails with one-armed bandit machines.

In belatedly August, casinos inwards southeastern United States Louisiana began closing, as powerful Hurricane Ida barrelled toward the state.

Packing sustained winds of 150 mph, Ida slammed into Louisiana at Port Fourchon, in the south of New Orleans, on Aug. 29. It was the fifth-strongest hurricane of all time to smash the mainland US.

The destructive force knocked out power across the realm and destroyed homes and businesses on the Gulf Coast. It killed dozens of people as it plowed through the mid-South, and and then swamped large states on the East Coast, including New Jersey and New York.

In South Louisiana, several casinos were unsympathetic for quartet days in August and remained shuttered into too soon September. The closures lasted upwardly to 10 days after the hurricane came ashore.

Before closing, Harrah’s New siege of Orleans Hotel and Casino had a strong plenty month to come in come out better than the previous Aug by 16 percent. Harrah’s is the state’s only when land-based commercial casino. Its revenue went from $11.8 jillion inwards Aug 2020 to $13.7 one thousand thousand in conclusion month.

While Harrah’s had a amend Aug this year, the other gaming properties inward the New Orleans country saw infuse declines.

The largest percentage falloff came at the Amelia Belle nigh Daniel Morgan City. That riverboat gambling casino went from $2.4 billion inward Aug 2020 to $1.7 meg lowest month, a go down of 32.1 percent.

Because casinos were shut into early September this year, some revenue totals for that month could live let down than inwards September 2020. The LA Gaming Control Board will free those results inwards October.

Capital City Wins Decline

Two of the tercet riverboat casinos inwards Baton Rouge also experient a diminution inwards revenue in Aug 2021, compared to the same month ane year earlier.

L’Auberge Casino Hotel won $10.9 meg this August, or 10.5 percent to a lesser extent than the August 2020 summate of $12.1 million.

The Belle of Baton Rouge went from $1.2 1000000 in Aug 2020 to $1 1000000 last month, a decline of 16.9 percent.

The thirdly Baton Rouge riverboat, the Hollywood Casino, saw an step-up of 5.2 percent, going from $4.4 million inwards August 2020 to $4.6 meg during the same month ane twelvemonth later.

Overall, the cap city’s cassino win fell past 7 percent.

Overall Increase Statewide

The other two large cassino hubs inwards Pelican State did not experience the closures that Hurricane Ida caused inward Baton Rouge and New Orleans.

The Shreveport-Bossier City totals in northwestern United States Pelican State went up 11.2 percent inwards August 2021, when compared to Aug 2020.

In Lake Charles, the cassino win during the same stop rose 11.7 percent. That step-up is non surprising, as Hurricane Laura dealt a severe blow to Lake Prince Charles inward August 2020, detrimental homes and businesses, including casinos.

The stronger totals inwards Shreveport-Bossier City and Lake Charles II offset the declines inward Baton Rouge and New Orleans. Overall, statewide gaming revenue went from $148.6 jillion inwards August 2020 to $156.3 1000000 endure month, an increment of 5.2 percent.