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Louisiana Casino Winnings Decline At End of Hurricane Season, During COVID-19 - Casino org Louisiana Casino Winnings Decline At End of Hurricane Season, During COVID-19

Casino revenue in Louisiana fell by double digits in November 2020 when compared to the same month last year. The Isle of Capri riverboat casino, seen here, struck a bridge in Louisiana during a hurricane in August. The casino is not expected to reopen in Lake Charles until 2022. (Image: The Advocate) Casinos in the New Orleans area reported $50.8 million in winnings in November 2019, but just $32.3 million this November. That’s a 36.5 percent decline, according to The Advocate newspaper in Baton Rouge. Harrah’s New Orleans, the state’s only land-based casino, reported winning $26.1 million in November 2019. Gaming revenue at the resort this November was $14.7 million, a falloff of 43.5 percent. Harrah’s recently announced an upcoming name change to Caesars New Orleans and a $325 million renovation.

Harrah s $325M upgrade to create hundreds of jobs – New Orleans CityBusiness

  A casino in New Orleans will undergo a $325 million renovation project that its parent company said will create 600 construction jobs in addition to the 500 full-time jobs the company has already pledged to create. Caesars Entertainment Inc., the parent company of Harrah’s New Orleans, announced Tuesday that they have presented a city board with a plan to build a hotel tower and expand amenities at the site by 2024, news outlets reported. The makeover will also change the name of the property to Caesars New Orleans. “We are excited to introduce Caesars New Orleans to the city,” said Caesars Entertainment CEO Tom Reeg. “As the only land-based gaming operator in the city, we take great pride in our 20-year history in New Orleans, and this reinvestment is a testament to our continued commitment.”

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