Posted on: October 21, 2023, 03:22h.
Final up to date on: October 21, 2023, 03:22h.
The Queen of Baton Rouge loved a robust first full month in operation, as the previous Hollywood riverboat almost doubled its gaming win in September 2023.
The Queen opened its new 100,000-square-foot land-based on line casino with greater than 700 slot machines, 18 desk video games, and a DraftKings Sportsbook on Aug. 24. Knowledge launched by the Louisiana Gaming Management Board (LGCB) exhibits that the brick-and-mortar on line casino gained about $7.3 million from gamblers final month — an 85% year-over-year surge from the $3.9 million that the then-boat gained in September 2022.
The on line casino owned and operated by Illinois-based CQ Holding Firm acquired the previous riverboat in 2021 from Penn Leisure for $28.2 million. The corporate then spent $85 million to maneuver the gaming ground inland and overhaul the property’s restaurant choices.
The Queen’s culinary choices now embody 1717, an American restaurant, the three Woks Noodle Bar, and Shaq’s Large Hen.
Whereas The Queen skilled robust gaming income features in September, with the $7.3 million gained additionally a 90% leap on August when the boat and new on line casino gained about $3.8 million, Baton Rouge’s two different casinos noticed income slide. The L’Auberge On line casino Resort generated gross gaming income (GGR) of $12.5 million — 5% under its September 2022 win of $13.2 million — whereas the Belle of Baton Rouge noticed its GGR tumble 21% to only $890,800.
CQ additionally owns and operates the Belle of Baton Rouge and plans to relocate that riverboat inland, too. In contrast to its Queen, CQ’s Belle of Baton Rouge features a resort.
CQ officers mentioned in April that their $100 million funding on the Belle will transfer the on line casino from the riverboat to the property’s atrium, pending state approvals. The resort’s 250 resort rooms will even be renovated.
Work is about to start later