Louisiana’s gaming industry experienced a robust June, with total revenue climbing to $208.9 million, marking a significant 5.8% increase from the previous year. This growth highlights a strong performance across various districts, despite some regional fluctuations, underscoring the state’s continued economic benefit from its diverse casino operations.
Louisiana’s Gaming Sector Sees Strong June Growth
Louisiana’s casinos collectively reported a substantial increase in gaming revenue for June, reaching $208.9 million. This figure represents a 5.8% rise compared to June of the previous year, indicating a healthy and expanding gaming market within the state.
District Performance Overview
While the overall trend was positive, performance varied across Louisiana’s key gaming districts:
- Lake Charles District: Despite being the leading revenue generator at $73.3 million, this district saw a 4.9% decrease year-over-year. Notable performances included L’Auberge Casino Resort with a 0.6% increase to $26.9 million, while Golden Nugget Lake Charles experienced a 14.4% decline to $24.3 million. Delta Downs also saw a slight dip of 1% to $14.1 million.
- Shreveport/Bossier City District: This district demonstrated impressive growth, with revenue soaring by 20.8% to $54.3 million. Margaritaville Resort Casino led the district with $14.6 million, despite an 11.1% decrease. Live! Casino Hotel Louisiana, a new entrant, contributed $11.5 million, and Horseshoe Bossier City reported a significant 61.5% increase, reaching $10.7 million.
- New Orleans District: Properties in New Orleans generated $49.9 million, a 10.4% increase. Caesars New Orleans was a major contributor, up 34.1% to $20.4 million. Treasure Chest saw a modest 2.5% increase to $13.6 million, while Boomtown Casino & Hotel experienced a 3.5% decrease to $9.7 million.
- Baton Rouge District: This district reported $25.4 million in gaming revenue, a 5.9% increase. L’Auberge Casino Hotel saw a 2.1% decrease to $15.3 million. The Queen of Baton Rouge, however, posted an 18.8% increase to $9.3 million, and The Belle of Baton Rouge saw a substantial 43.3% increase to $0.9 million.
- Evangeline Down Racetrack (Opelousas): This venue reported $6 million in revenue, a 4.8% decrease from the previous year.
Key Takeaways
- Louisiana’s gaming revenue for June reached $208.9 million, a 5.8% increase year-over-year.
- The Shreveport/Bossier City district showed the most significant growth, up 20.8%.
- New casino openings, such as Live! Casino Hotel Louisiana, are contributing to overall state revenue.
- While some individual properties and districts experienced declines, the overall state trend remains positive.
