As known from:
The SunFootball365Sportskeeda
Alerts
Latest Deals
Write a Review
Write a Review
Nothing Found
About betting.net
  • Betting.net on YouTube
  • About betting.net
  • The betting.net Crew
  • How We Rate
  • Play Responsibly
  • Contact us
  • Writers Wanted
  • Content Disclaimer
  • Affiliate Disclosure
Contains commercial content
Alerts
Latest Deals
Write a Review
Write a Review
Nothing Found
About betting.net
  • Betting.net on YouTube
  • About betting.net
  • The betting.net Crew
  • How We Rate
  • Play Responsibly
  • Contact us
  • Writers Wanted
  • Content Disclaimer
  • Affiliate Disclosure
Betting.net / L’Auberge GM addresses post-COVID business, inflation impact on casino

L’Auberge GM addresses post-COVID business, inflation impact on casino

Publish Date: July 30, 2022
Fact checked by: Jesse M Cox
w, tags: post-covid inflation impact - images.unsplash.com

w – images.unsplash.com

Kim Ginn, general manager of L’Auberge, spoke to The Advocate regarding the post-COVID business development and the impact of inflation on the casino. With L’Auberge’s positive growth, the report showed that the casino generated an increase in revenue in June.

The L’Auberge was launched in September 2012 and has dominated the Baton Rouge casino market since. In terms of monthly profits, this casino exceeds the revenue of the other two riverboat casinos in the state, the Belle of Baton Rouge and the Hollywood Casino.

Even though the Belle of Baton Rouge and the Hollywood Casino are still behind the L’Auberge, these three riverboat casinos combined managed to generate a total of $22,5 million in revenue in June. The number was an increase from May’s $22,2 million and marked the first monthly increase since March.

Ginn said that the COVID pandemic acted as a challenge for them in 2020. However, the business was back in 2021 as many companies started to stimulate money in the market through stays and regional travel. “We really were kind of a prime location for that,” Ginn said.

In other non-gambling areas, such as restaurants and entertainment, the businesses started to gain back their momentum post-COVID, as Ginn said that they were “no longer lagging behind.”

According to Ginn, the restaurants were at full capacity back in July. “We’ve seen our banqueting and catering business, which is big business for us, really pick up steam again in the second half of 2021,” Ginn said.

She also added that the situation was starting to get normal as she said, “I’d say things are back to full swing and we’ve seen growth again, even with people not traveling quite far, stay more local and do staycations.”

Despite its positive growth, L’Auberge has struggled with its customer base for the past three months due to inflation. With the inflation going on, the customers might allocate their income to gas, grocery, and energy bills instead of playing a game.

“We fight it by controlling our spending, our work, our marketing, and adjusting to the income we generate,” Ginn commented, in a response to the situation.

Read Also
The American Gambling Association praise the upward trend of online gambling and its effects on the US Market
The CEO of the American Gambling Association (AGA), Bill Miller, has praised ...
Detroit casinos see revenue drop in September 2022, per report
According to the Michigan Gaming Control Board (MGCB), quarterly and monthly reports ...
SI Sportsbook Promo
Kansas approves several sports betting platforms ahead of September launch
The Kansas Lottery has announced that six mobile sports betting apps will ...
Illinois Tops $760 Million in Sports Betting Handle For May
The Illinois Gaming Board released the statistics for May, revealing that the ...
Mobile Sports Betting Launches In Arkansas
The Arkansas state joint budget committee approved rules that allow the state’s ...
Sportsbook of the month
SI Sportsbook - Get your Free Bet now! Get your Free Bet now!
Latest News
North Dakota Senate excludes academic institutions from sports betting
The North Dakota Senate voted against removing academic ...
Wheel of Fortune Online Casino goes live in New Jersey
On March 8, leading operator BetMGM and gaming ...
Flutter sees record rise after Super Bowl amidst U.S. deregulation
Flutter, the parent company of sports betting providers ...
Winstar World to build 6,500-seat entertainment venue with Lucas Oil
Winstar World Casino and Resort has collaborated with ...
LeoVegas sells quarter of BeyondPlay to Bettor Capital for €1.9m
Announced on February 17, Swedish gambling game company ...
Top Betting Sites
Top Betting Bonuses
SI Sportsbook
SI Sportsbook
SI Sportsbook Review
4.9/5
Bet365
Bet365
Bet365 Review
4.8/5
PointsBet
PointsBet
PointsBet Review
4.7/5
BetRivers.com
BetRivers.com
BetRivers.com Review
4.6/5
DraftKings
DraftKings
DraftKings Review
4.6/5
SI Sportsbook
SI Sportsbook Bonus
BET $20 GET $200 IN FREE BETS
T&Cs apply
4.9/5
First deposit only | 21+ & located in VA | Promo code as seen| A qualifying bet is $20 or more | Min odds of +120 or more | Free Bet Tokens credited after bet is settled and expire after 7 days | Free Bet stakes not included in winnings | Please Gamble Responsibly - Gambling Problem? VA: CALL 1-888-532-3500 | Full T&C apply
Bet365
Bet365 Bonus
Bet $1 & Get $365 in Bonus Bets
T&Cs apply
4.8/5
Bet $1 and Get $365 in Bonus Bets at bet365. Deposit required. Bonus Bets winnings are added to Bonus Bets balance. Bonus Bet wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
PointsBet
PointsBet Bonus
5 x $50Bet Credits
T&Cs apply
4.7/5
BetRivers.com
BetRivers.com Bonus
100% up to $500
T&Cs apply
4.6/5
DraftKings
DraftKings Bonus
20% up to $1000
T&Cs apply
4.6/5
Get the latest updates in Sports and Casino via our Newsletter
Poker & Bingo

Full coverage of poker and bingo, from reviews of providers to guides and much more besides!

Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.

Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

This site is using Cloudflare and adheres to the Google Safe Browsing Program. We adapted Google's Privacy Guidelines to keep your data safe at all times.

21+NCPG
Move to Top
Close
Stake.us Exclusive Bonus
5% Rakeback
Promo Code
Copy
Visit Site
T&Cs apply, 18+
Payment Methods
Bitcoin
Litecoin
Ethereum
Dogecoin
Highlights
  • Drake loves this social casino!
  • Play for free with Gold Coins!
  • Slots, scratchies and Originals!
Stake Originals
Dice
Crash
Plinko
Mines
×
Your Bonus Code:
The bonus offer of was already opened in an additional window. If not, you can open it also by clicking the following link:
Visit Site