{"id":28819,"date":"2020-11-20T10:29:36","date_gmt":"2020-11-20T18:29:36","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=28819"},"modified":"2020-11-30T07:34:44","modified_gmt":"2020-11-30T15:34:44","slug":"hurricanes-batter-louisiana-revenues","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/hurricanes-batter-louisiana-revenues\/","title":{"rendered":"Hurricanes batter Louisiana revenues"},"content":{"rendered":"\n
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If it weren’t for bad luck and worse luck, Louisiana<\/strong> might have none at all. Not only does Isle Grand Palais<\/strong> on Lake Charles<\/strong> remain closed after being ripped from its moorings by Hurricane Laura<\/strong>, the state was battered by Hurricanes Delta and Zeta<\/strong>. Pelican State casinos grossed $152 million, down 18%. While Baton Rouge<\/strong> revenues were flat, New Orleans<\/strong> really got slammed, tumbling 32%. Even Lake Charles was ‘only’ 20.5% off and it usually bears the brunt of hurricane season (playing an extended engagement this year). To dispense with Red Stick, L’Auberge Baton Rouge<\/strong> was up 7% to $13 million. Casino Rouge<\/strong> was off 3% to $4 million, while customers continue to flee Tom Reeg<\/strong>‘s beloved Belle of Baton Rouge<\/strong> in droves, -39% to $1 million. (Just close the place already, Tom.)<\/p>\n\n\n\n\n\n\n\n

In the Big Uneasy, Harrah’s New Orleans<\/strong> led with $14 million but fell 39%, while Boomtown New Orleans<\/strong>‘ $7.5 million represented a 22.5% falloff. Treasure Chest<\/strong> slid 26% to $6 million, Fair Grounds<\/strong> racino eked out $3 million, minus 24.5%, and Amelia Belle<\/strong> toppled 27% to $2 million. Lake Charles casinos were led by Golden Nugget<\/strong>‘s $22 million (-7%), followed by L’Auberge Lake Charles<\/strong> with $16.5 million (-20.5%) and Delta Downs<\/strong> mopped up the leftovers: $11.5 million, down only 6%.<\/p>\n\n\n\n

Margaritaville<\/strong> and Horseshoe Bossier City<\/strong> continue to fight it out for dominance of the Shreveport<\/strong>\/Bossier City<\/strong> marketplace. Penn National<\/strong>‘s Margaritaville led with $15 million, leaping 23.5%, while Horseshoe was close behind with $14 million, a 7% slippage. Twin Rivers<\/strong> had a bad month at Eldorado Shreveport<\/strong>, down 18.5% to $6.5 million and everybody else was left fighting for table scraps. Horseshoe Louisiana Downs<\/strong> was the laggard, grossing $3 million (-5%), surpassed by Boomtown Bossier<\/strong> (-2.5%) and Sam’s Town<\/strong> (plunging 25.5%) at $4 million each. Outstate, Evangeline Downs<\/strong> shed 15.5% to gross $5 million.<\/p>\n\n\n\n

Programming note<\/strong>: Due to severe arthritis pains, this will be the only Stiffs & Georges today. I hope to rejoin you tomorrow with more news. Thanks for your understanding.<\/p>\n","protected":false},"excerpt":{"rendered":"

If it weren’t for bad luck and worse luck, Louisiana might have none at all. Not only does Isle Grand Palais on Lake Charles remain closed after being ripped from its moorings by Hurricane Laura, the state was battered by … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60,244,176,190,287,84,69,269],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/28819"}],"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=28819"}],"version-history":[{"count":2,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/28819\/revisions"}],"predecessor-version":[{"id":28823,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/28819\/revisions\/28823"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=28819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=28819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=28819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}