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Harrah’s New Orleans Blames Cigarette Ban for Declining Profits, Pennsylvania Casinos Set Record

Harrah’s New Orleans says the cigarette ban imposed by the town an ago this week has negatively impacted its gambling revenues and needs to be held accountable for the casino’s downward spiral year.

Harrah’s New Orleans state the citywide smoking ban is shuffling up revenues in the wrong direction.

Statistics supplied by the Louisiana Gaming Control Board seem to back those claims up. Gross gambling revenue at Harrah’s New Orleans totaled $23.9 million in March, down nearly 21 percent from the $30.2 million the casino generated in the month that is same 2015.

Since 2007, all Louisiana workplaces and restaurants have already been smoke-free, but the law didn’t use to casinos and bars. Carrying out a New that is unanimous Orleans Council vote and Mayor Mitch Landrieu’s (D) signature, a city ordinance went into effect on April 22, 2015, that banned tobacco cigarette smoking and vaping on the casino floor.

‘ Slot revenue, Harrah’s largest source of revenue, was impacted probably the most with slot revenue down 17 % in the period following a ordinance’s impact compared to prior year,’ Harrah’s spokeswoman Jade Brown-Russell claimed. ‘In the 12 months impacted by the smoking ban, Harrah’s has skilled gaming income decreases in 10 of the 12 months.’

Clash of the Ash

Supporters of the air that is clean state Harrah’s is merely looking for a scapegoat to put blame.

‘That’s been a trend Continue reading

Casino News: The Buffalo Bills would be the latest NFL team to get casino sponsor

Casino News: The Buffalo Bills would be the latest NFL team to get casino sponsor

This week’s casino news starts with revenue figures from the continuing state of Maryland. Gambling is alive and well in the Old Line State as they just produced their month that is fourth-best ever.

Maryland Casinos Register Certainly One Of Their Utmost Months Ever In August

The casino industry in the Terrapin state is completely thriving. The latest report recommends that Maryland casinos delivered record numbers in the month of August.

This week, revenue numbers were released and Maryland’s casinos registered its fourth-best month-to-month gaming revenue numbers ever. In accordance with a report that is recent their state’s six gambling enterprises reported their gaming revenue figures at $154.3 million for the month of August, which will be up 5.4% from that time last year. While Baltimore’s Horseshoe Casino struggled to get on the trend, the other five gambling enterprises absolutely thrived including the MGM National Harbor, which accounted for a ridiculous 40% associated with the state’s total gaming revenue numbers. In reality, the MGM National Harbor took in a total of $62.4 million, which is a rise of 7% from the same time this past year.

The casino that is second-largest Maryland, the Live! Casino & Hotel pulled in only over $53 million in gaming revenues. That number represents a 12.7% increase from the same time a year ago.

When it comes to how the state is spending their gains Continue reading