NEW ORLEANS -- Louisiana's state-licensed casinos pulled in a bit more money from gamblers last month than in October 2009.
<!--Display the nav box on the first page and for the remaining pages display it depending on the value of show nav box on all pages inThe 13 riverboats, Harrah's downtown New Orleans casino and the four race track casinos won $196.7 million last month, according to a state police report issued Thursday. That's up 1.8 percent from the October 2009 tally of $193.3 million.
Last month, the riverboats took in $135.7 million, the New Orleans land casino won $29.6 million and the four slot casinos at race tracks won $31.4 million.
In September 2010, gamblers lost $185.7 million.
"It's encouraging," said industry analyst Cory Morowitz of Galloway, N.J.-based Morowitz Gaming Advisors. "It tells you the consumer may be seeing some recovery, albeit a weak recovery. That of itself is encouraging. It fits with the overall economic situation."
The two markets that depend heavily on players from Texas - Shreveport-Bossier City and Lake Charles - were a mixed bag. The five riverboats and the Louisiana Downs casino that make up Shreveport-Bossier city won $62.8 million last month, up from $58.6 million in October 2009.
But the take was about even in the Lake Charles market - with three riverboats and the Delta Downs track casino. Those outlets took in $51.3 million last month, a slight drop from $52.9 million in October 2009.
In New Orleans, two riverboats, the land casino and the Fair Grounds ( FGRD.PK - news - people ) casino won $55.6 million in October, a bit more than the $54.5 million take in October 2009. Harrah's won $29.6 million, a drop from the year-ago total of $30.7 million.
The two riverboats in Baton Rouge won $15.3 million, down from $15.9 million in October 2009. The lone riverboat near Morgan City won $4.4 million, a boost from the year-ago total of $3.8 million. The Evangeline Downs track casino at Opelousas took in $7.3 million, a dip from the October 2009 take of $7.6 million.
The report does not include Louisiana's three Indian reservation casinos, which are not required to report their winnings to the public.
Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
< Prev | Next > |
---|