Ill winds in Louisiana; Boyd gets a boost

Gambling win in Louisiana was dealt a double blow last month by those twin vixens Hurricanes Laura and Sally. Hardest-hit as usual was storm magnet Lake Charles, where revenue plunged 65%. Treasure Chest in Kenner lost two days of business, and L’Auberge Lake Charles and Golden Nugget Lake Charles faced costly closures through 9/11. New Orleans win tumbled 31% and least affected was Shreveport/Bossier City, down just 4%. Back in Lake Charles, Isle Grand Palais grossed a tiny $100K, a 99% sky fall. Golden Nugget’s $9 million was a 58.5% plunge but still good enough to lead the market. L’Auberge skidded 68% to $7 million, while Delta Downs downshifted 52% to $6 million.

In the Big Easy, Harrah’s New Orleans’ 43% nosedive was still good enough for a market-dominating $14 million finish. Boomtown Bossier shed 17.5% for an $8 million gross while Treasure Chest salvaged $6.5 million, a 22% dive. Fair Grounds racino dipped 13% to $3 million and Amelia Belle fell 28% to $2.5 million. Up in Baton Rouge, only decrepit Belle of Baton Rouge lost market share, plummeting 37% to $1 million. L’Auberge Baton Rouge gained 7% for $13 million and Casino Rouge ascended 19% to $.5 million.

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