With Mardi Gras Over, Louisiana Casinos Continue Revenue Increase
Back in February and through March, Louisiana casinos were helped, as they are every year, by the increase in tourists that come to the state for the annual Mardi Gras celebration. With Mardi Gras now gone, casinos continued to thrive in April.
The past couple of years have been rough ones for Louisiana casinos. In addition to the economic recession, which all casinos in the US had to deal with, Louisiana was still recovering from Hurricane Katrina when the recession hit. Those two factors had casinos seeking cover financially for much of the past three years.
Now, the industry is starting to rebound. In April, Louisiana casinos made $202.5 million. That was an increase of just over one percent from the same period in 2010. Mardi Gras came late this year for Louisiana, leading to an increase in March. The April numbers dropped from the previous month, but remained higher than last year.
New Orleans is one of the most attractive tourist destinations for travelers. Las Vegas is still the number one gaming destination in the US, but New Orleans has moved up to number two when it comes to where gamblers want to spend their time and money. It is quite an honor for a city known for its elaborate party's and jazz music.
The rest of the country has not fared as well as Louisiana in recent months. Nevada is expecting to see their own revenue increase starting at the end of this month when the World Series of Poker begins in Las Vegas. Casinos are hoping to cash in on the thousands of poker players that will flock to Sin City for the WSOP.
On the East Coast, Atlantic City has long been considered the standard by which other gaming industries were judged. New Jersey, however, has some stiff competition coming from Pennsylvania. Analysts believe that by the end of next year, Pennsylvania casinos will have passed New Jersey in terms of gaming revenue.
Previous Casino Gambling News Articles
Gilbert Wins NBA Lottery, Looking To End Casino Work Stoppage
SJM Holdings Almost Doubling Casino Revenue In First Quarter
Casino Funds Helping Fight Crime In Maryland
Construction Workers Losing Jobs While Ohio Gambling Issue Stalls
Trump Out Of Presidential Race And Off Atlantic City Casino