Question of the Day 2021-10-12

I'm reading the Louisiana Gaming Commission report Monthly Activity Summary. Can you explain what do these terms mean: Total Admissions, Total AGR, and Total Fees Due?

The Louisiana Gaming Control Board hasn’t picking up the phone for a while, no doubt inundated by Hurricane Ida.

Boyd Gaming, which has multiple properties in the Pelican State, stepped partially into the breach.

"AGR" is adjusted gross revenue — total gaming revenue after deducting comps and promotions. AGR is used to calculate the gaming tax.

"Admissions" is the total number of visitors. Louisiana charges an admissions tax, so casinos have to track every person entering the gaming floor.

“Total fees due,” the Louisiana State Police tells us, is the state’s cut of gaming taxes, 21.5% of gross gaming revenues (GGR). Individual parishes and cities may get a slice of GGR, but if they do, it's not reflected in the Monthly Activity Summary.

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Comments

rokgpsman Oct-12-2021

Shortcomings in documents

Any official report from a government agency should have footnotes explaining any abbreviation used in the report. That's a basic professional communication need.

David Oct-12-2021

Would love to see questions like this NOT get answered

Maybe LVA needs to run a poll about the type of questions being answered. I vote for confining questions to Las Vegas. Yes, I realize that the question is about gaming and that Las Vegas is synonymous with gaming but the connection is very tangential.

Kevin Lewis Oct-12-2021

Lose-iana

All those fees and taxes explain why casino gambling in Louisiana is so shitty. If you're there, why waste time gambling, anyway? Have some crawfish etoufee and listen to Cajun music. Go to Nawlins and get in an auto accident. Get bitten by bugs you've only seen in bad sci-fi movies. Laissez bon temps roulez!

Hoppy Oct-12-2021

Re: David

Ditto

O2bnVegas Oct-12-2021

No Lottery

Since this thread has morphed into something other than Las Vegas matters, I'll throw in one I'd love to know the answer to and figure there ain't no way to find out:

My question:  How many BIG winning Lottery tickets (millions/billions) resulted from use of the Quick Pick system versus the winner having marked his own favorite numbers?

I've always wondered that.  Apologies to those who prefer Vegas-only discussions.

Candy

Lotel Oct-12-2021

great Q and A

it is interesting to look at other states gaming commission reports. see what games they have , what makes most money, taxes ,  etc.

Hoppy Oct-12-2021

Correction

Bon Ton Roulette!!!!

Kevin Lewis Oct-12-2021

Quick Pick vs. excruciatingly scientific selection

Candy: obviously, there should be no difference: a quick pick is exactly as likely to win as your favorite numbers. But due to a very low sample size (actual winners), I'm sure one has a relative preponderance over the other-such as, Quick Picks are chosen 25% of the time but the winners have been Quick Picks 40% of the time, or some such.

I think that both the lottery officials AND the winner would be disincentivized to reveal how the winning numbers were "chosen," as if a contestant used his own choices, he might be phished and scammed by people trying to find out his birthday, SSN, etc.; conversely, officials might not want the Quick Pick option to be used any more than it is.

We probably will never know this, any more than we know whether Megabucks winners had doughnuts before they hit the jackpot (and what a boost for Dunkin if that was known and proved!).

Roy Furukawa Oct-12-2021

Take a break

Considering 95% of the QoD deals with Vegas questions, I say for those not interested in non-Vegas questions they shouldn’t bother reading the days when it’s not about Vegas. I like some of the odd and even non-gambling questions every so often, it breaks up the monotony.

Question of the Day - 12 October 2021

Comments