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Louisiana Gamblers Loss Up

21 July 2004

NEW ORLEANS, Louisiana – As reported by the Associated Press: "Gamblers lost $2.1 billion at Louisiana's state-licensed casinos during the twelve months ended June 30, an increase of about 5 percent fueled by growth at the downtown New Orleans casino and at slot-machine casinos at racetracks.

"During the prior fiscal year, gamblers lost $2 billion.

"Harrah's New Orleans Casino won $300.3 million for the latest 12-month period, compared with $277.3 million the previous year.

"Track casinos won $232.7 million, compared with $134.6 million the year before.

"…The state's 14 riverboats won $1.57 billion from gamblers in 2003-04, a slight drop from the $1.6 billion won in 2002-03, state police reported Tuesday.

"The figures do not include Louisiana's three Indian reservation casinos, which are not required to report publicly their revenue figures…"

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