Casino revenues in Baton Rouge are well below what they were one year ago, according to the most recent report released by the Louisiana Gaming Control Board.
The Belle of Baton Rouge reports a whopping 43% drop in revenue when compared to June 2018. That is the biggest year-over-year loss across all riverboat casinos in the state.
Hollywood and L’Auberge show decreased revenues of 7.7% and 6%, respectively.
Riverboats can be accessed in four Louisiana cities: Baton Rouge, Lake Charles, New Orleans and Shreveport/Bossier. The Capital City shows the greatest decline at 13.1% when compared to year-over-year numbers. Baton Rouge riverboats also show the greatest decline month-over-month with a difference of -6.8% from May to June 2018, beating out Shreveport/Bossier by 0.1%.
Lower revenue means lost profit for operators, but it also means lower fees paid to the state. The report shows that all riverboat casinos in Louisiana are operating in the red.
To see the full report, click here.