$31M spent on video poker in St. Charles

Payoff may surprise

Gamblers in St. Charles Parish continue to dump loads of money on video poker, with nearly $31 million spent in the parish in the last fiscal year.

According to the Louisiana State Police Gaming Enforcement Division, $31 million went into the parish’s estimated 225 machines for the 2016-17 fiscal year, which runs from June to July.

Nearly $22.2 million was paid out by the parish’s 225 machines.
Based on the total dollars that went into the machines, each machine took in an average of $139,881 during the fiscal year, while each machine paid out about $98,857.

Based on the reports for this fiscal year, net revenue ranged from $2.1 million to $2.4 million per quarter.

Video poker is available at 30 locations in St. Charles Parish. Those establishments include bars, restaurants, hotels, racetracks and truck stops.

Statewide, video poker generated $576 million in net revenue in this same fiscal year, down from the previous year’s $580 million.

Historically, video poker spending is slightly up in the parish.

In fiscal year 2012, gamblers spent $28.5 million in 274 machines. The figure was $1.2 million less than spent in the previous fiscal year.

Also, the number of businesses offering video poker in that period fell from 43 to 39.

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