11/16/2023 0 Comments Penn casino gaming investment thesis![]() ![]() Limits on other entertainment options, such as concerts, movies and live sports, have helped. What's driving the results is pent-up demand for fun. Month-to-month, the increase was 52%, according to Louisiana state records. Gambling revenue at the Margaritaville, which opened in 2013, more than tripled to $19.7 million in March from $6.5 million a year earlier. are enjoying as patrons, particularly younger ones, begin to splurge with the money socked away during the pandemic. But a weekend stay this month at the property along the Red River costs as much as $429 a night, reflecting the boom times that casinos across the U.S. ![]() One online reviewer complained last month that their room was "tired," with cigarette burns in the carpet, a dirty toilet and dust on the lights. No one could mistake the Margaritaville Resort Casino in Bossier City, La., for a Ritz-Carlton or Four Seasons. Visitors walk through the Forum Shops at Caesars Palace hotel and casino in Las Vegas, on May 2, 2021. Pent-up demand for entertainment drives quick recoveryby Bloomberg |Today at 2:30 a.m. ![]()
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