Louisiana’s Casino revenue dropped by around double digits in November this year compared to the exact month of the last year.
New Orleans’ Casino area reported around $51 million in winning earnings in last year’s 2019, but this November the amount comes down to only $32 million. That is a decline of around 36.5% as the newspaper The Advocate states.
New Orleans’ only brick-mortar casino, Harrah’s New Orleans reported a $26.1 million winning money in November 2019. The revenue that comes from gaming at the resort this year’s November was around $14.7 million and a falloff of around 43.5%. Harrah’s recently proclaimed its next name shift to Caesars New Orleans and of a renovation of $325 million.
The three riverboat-casinos in New Orleans have seen a drop of 29.3% in November in a month-to-month comparison. Casino winnings have gone from around $21 million in last year’s November to this November’s $14.7 million.
Lake Charles’s winnings have also fallen to 22.2% and Casinos in that region have reported around $74 million in previous year’s November month compared to last month’s $57.5 million. Lake Charles is situated in south-west Louisiana and near the border of Texas.
With the restriction of COVID-19 and a terrific hurricane season, the casino market in Louisiana had confronted a difficult fall and summer. The health officials of the state have limited casinos to direct 50% capacity.
The hurricane period was highly active especially by the Gulf Coast throughout October. Reinitiating efforts are proceeding in some regions along the line of coast.
In total, the casino of the state had earned around $151.8 million in this year’s November. Comparing to last year’s November’s earning around $204.7 million is a drop of 25.9% throughout the state as says The Advocate.
During the early fall and the summer, tropical storms and hurricanes clobbered the Gulf Coast of Louisiana propelling the casino to a temporary closure in Baton Rouge, New Orleans, and Lake Charles regions.
The riverboat casino named The Isle of Capri hit a bridge during the Hurricane leveled as Laura. Since then, the casinos of Lake Charles are closed.