{"id":19966,"date":"2017-07-21T06:36:33","date_gmt":"2017-07-21T14:36:33","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=19966"},"modified":"2017-07-21T06:37:52","modified_gmt":"2017-07-21T14:37:52","slug":"louisiana-hot-in-june","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/louisiana-hot-in-june\/","title":{"rendered":"Louisiana: Hot in June"},"content":{"rendered":"

Gambling revenues in the Pelican State enjoyed a 5% jump last month, reaching $213 million (not counting slot routes). How good was business? The “worst performing” market, Lake Charles<\/strong>, was up 1%. L’Auberge du Lac<\/strong> ($27 million) had an aberrantly poor month, \"\"tumbling 11%. What Pinnacle Entertainment<\/strong>\u00a0lost at L’Auberge, Tilman Fertitta<\/strong> made up at Golden Nugget<\/strong> ($24 million), vaulting 14.5%. Isle of Capri<\/strong> ($10 million) was flat but Boyd Gaming<\/strong>‘s Delta Downs<\/strong> ($15 million) gained 7%. In Baton Rouge<\/strong>, Pinnacle’s L’Auberge Baton Rouge<\/strong> ran away with the market, posting $15 million on a 15% gain. The best that Casino Rouge<\/strong>\u00a0(+2%) and Belle of Baton Rouge<\/strong> (+15%) could between them was $11 million.<\/p>\n

Casinos in New Orleans<\/strong> seem to have adjusted nicely to the smoking ban. Harrah’s New Orleans<\/strong> grossed $22 million (up 15%) and Churchill Downs<\/strong>‘ Fair Grounds<\/strong> racino rose 4% to $3.5 million. Across the river, Boomtown Bossier<\/strong> was up 2% to $5 million and Boyd’s Treasure Chest<\/strong> gained 5% to $9 million. Amelia Belle<\/strong>, however, dipped 4.5%, to $3.5 million. Boyd’s other outlying property, Evangeline Downs<\/strong>, was up 7% to $7 million.<\/p>\n

Caesars Entertainment<\/strong> had both the highest-grossing casino in the Shreveport<\/strong>\/Bossier City<\/strong> area: $15.5 million at Horseshoe Bossier City<\/strong> (up 14%) and springboarding 20% at Harrah’s Louisiana Downs<\/strong> ($4 million). Eldorado Shreveport<\/strong> was flat at $10 million while the only revenue-negative performer was Diamond Jack’s<\/strong>, down 14.5% to $3 million. Newbie Margaritaville<\/strong> did well enough for itself, up 5% to $12.5 million, while Sam’s Town<\/strong> gained 4% to close the month at $6.5 million, An extra weekend day may have helped boost all these numbers but they also suggest a strong appetite — and wallet — for gaming in the heart of Dixie.<\/p>\n

* That was quick. Scarcely had the Trump administration upheld a land-into-trust transfer for the Wilton Rancheria<\/strong>, Gov. Jerry Brown<\/strong> (D) signed a compact with the tribe<\/a>. The latter controls 36 acres for the eventual casino but is in no hurry to develop it, looking toward a 2020 opening.<\/p>\n

* Onanism notwithstanding, the bad guys won<\/a> and Las Vegas<\/strong> was perfectly OK with it.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gambling revenues in the Pelican State enjoyed a 5% jump last month, reaching $213 million (not counting slot routes). How good was business? The “worst performing” market, Lake Charles, was up 1%. L’Auberge du Lac ($27 million) had an aberrantly … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":13839,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60,34,176,199,190,7,85,189,84,69,30,111,129,20,21],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/19966"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/comments?post=19966"}],"version-history":[{"count":1,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/19966\/revisions"}],"predecessor-version":[{"id":19967,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/19966\/revisions\/19967"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media\/13839"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=19966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=19966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=19966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}