La. casinos take in $218 million in March, B.R. down

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Winnings from gamblers at Louisiana’s state-licensed casinos fell 5% last month from March 2008, the third straight month that revenue has fallen, state police reported today.

Baton Rouge’s two riverboats took in $18.8 million last month, down from $19.2 million in March 2008.

The 13 riverboats, Harrah’s downtown New Orleans casino and the four slot machine casinos at race tracks took in $218.1 million, compared with $229.6 million in March 2008. The tally also was a 1.8% drop from the $222 million casinos won during the Mardi Gras month of February 2009.

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Last month, the riverboats won $150.1 million, the New Orleans casino won $32 million and the track casinos won $36 million.

Despite the decrease, Louisiana’s casino industry appeared to continue faring much better than its competitive counterparts in other states. Nevada casinos posted a February-to-February drop of 18.1% in gambling revenue and Mississippi saw its revenue fall 10.6% from March 2008.

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