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New Orleans On line casino Income Tumbles in Storm Ida’s Wake  

Posted on: September 19, 2021, 02:22h. 
Final up to date on: September 19, 2021, 03:01h.

Larry Henry Learn Extra

Battered by means of Storm Ida, New Orleans casinos made much less cash blended in August than the similar month 365 days previous.

A Harrah’s signal on a brick wall guides guests to an front on the downtown New Orleans on line casino. Storm Ida led to the hotel to near for roughly two weeks. (Symbol: Kate Henry)

New Orleans-area casinos introduced in $30.5 million this 12 months in August, consistent with nola.com. In August 2020, the similar houses received $32.2 million from gamblers, a 5.3 p.c decline.
Those houses come with 3 riverboat casinos, the Harrah’s land-based hotel in downtown New Orleans, and the Honest Grounds — a Crescent Town horse monitor with slot machines.
In past due August, casinos in Southeast Louisiana started final, as tough Storm Ida barreled towards the state. 
Packing sustained winds of 150 mph, Ida slammed into Louisiana at Port Fourchon, south of New Orleans, on Aug. 29. It used to be the fifth-strongest typhoon ever to hit the mainland US.
The damaging hurricane knocked out energy around the area and destroyed properties and companies alongside the Gulf Coast. It killed dozens of other folks because it plowed in the course of the mid-South, after which swamped massive states at the East Coast, together with New Jersey and New York.

In South Louisiana, a number of casinos have been closed for 4 days in August and remained shuttered into early September. The closures lasted as much as 10 days after the typhoon got here ashore.

Sooner than final, Harrah’s New Orleans Lodge and On line casino had a robust sufficient month to come back out higher than the former August by means of 16 p.c. Harrah’s is the state’s best land-based business on line casino. Its earnings went from $11.8 million in August 2020 to $13.7 million ultimate month.
Whilst Harrah’s had a greater August this 12 months, the opposite gaming houses within the New Orleans field noticed steep declines. 
The biggest proportion falloff got here on the Amelia Belle close to Morgan Town. That riverboat on line casino went from $2.4 million in August 2020 to $1.7 million ultimate month, a decline of 32.1 p.c.
As a result of casinos have been closed into early September this 12 months, some earnings totals for that month might be not up to in September 2020. The Louisiana Gaming Regulate Board will free up the ones leads to October.
Capital Town Wins Decline
Two of the 3 riverboat casinos in Baton Rouge additionally skilled a decline in earnings in August 2021, in comparison to the similar month 365 days previous.  
L’Auberge On line casino Lodge received $10.9 million this August, or 10.5 p.c lower than the August 2020 general of $12.1 million. 
The Belle of Baton Rouge went from $1.2 million in August 2020 to $1 million ultimate month, a decline of 16.9 p.c.
The 3rd Baton Rouge riverboat, the Hollywood On line casino, noticed an build up of five.2 p.c, going from $4.4 million in August 2020 to $4.6 million right through the similar month 365 days later.
Total, the capital town’s on line casino win fell by means of 7 p.c.
Total Building up Statewide
The opposite two massive on line casino hubs in Louisiana didn’t revel in the closures that Storm Ida led to in Baton Rouge and New Orleans.
The Shreveport-Bossier Town totals in Northwest Louisiana went up 11.2 p.c in August 2021, when in comparison to August 2020. 

In Lake Charles, the on line casino win right through the similar length rose 11.7 p.c. That build up isn’t a surprise, as Storm Laura dealt a serious blow to Lake Charles in August 2020, harmful properties and companies, together with casinos. 

The more potent totals in Shreveport-Bossier Town and Lake Charles offset the declines in Baton Rouge and New Orleans. Total, statewide gaming earnings went from $148.6 million in August 2020 to $156.3 million ultimate month, an build up of five.2 p.c.

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