Louisiana Riverboat Casinos Beating Odds

Louisiana Riverboat Casinos Beating Odds
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Even with Harrah's New Orleans contributing just 13 days of revenue to the total, Louisiana casinos continued to rebound from a hurricane-affected fall, posting a 13 percent increase in gaming win in February. During the month, Louisiana casinos took in $214.8 million from gamblers, the state's Gaming Control Board reported Tuesday.

Three of the state's 15 riverboat casinos are still closed, but gaming revenue jumped statewide from $190.1 million a year ago. Louisiana's 12 operating riverboats took in $168.9 million in February 2006, a 25.5 percent increase from $134.5 million in February 2004, when 14 riverboats were reporting revenue.

Louisiana was hit hard by Gulf Coast hurricanes in August and September after Hurricane Katrina blasted New Orleans on Aug. 29. Four gambling operations, including the state"s largest casino, Harrah's New Orleans, operated by Las Vegas-based Harrah"s Entertainment, were affected. Hurricane Rita slammed into Lake Charles on Sept. 24, disrupting the business of five casinos.

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