B.R. casino revenue down 26% in January

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Baton Rouge’s two riverboat casinos took in 26% less in January than they did the year before, according to figures released today by Louisiana State Police. The Belle of Baton Rouge and Hollywood Casino Baton Rouge took in $14.5 million in January, compared with $19.5 million in January 2008. The Belle posted the biggest percentile drop in revenues, taking in $5.1 million in January, compared with nearly $7.5 million in the year earlier. Hollywood was down from $12 million to $9.4 million. While Baton Rouge had the biggest drop, gaming revenue was down all across Louisiana. The state’s 13 riverboat casinos won $131.2 million in January, down from $153.2 million the year before. Harrah’s land casino in New Orleans saw winnings fall to $27 million from $31.3 million in January 2009. The four racetrack casinos took in $31.5 million last month, a drop from $37.6 million the previous January.

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