A measure that would provide the gaming industry with an 83-million-dollar tax break over the next five years is awaiting debate on the Senate floor after a Senate Committee approved the bill. Lake Charles Senator Ronnie Johns says his proposal is to help an industry that’s been hit hard by the COVID-19 economic shutdown
A House committee has approved a bill that would result in 250-dollar checks to some front-line employees who were required to work when the coronavirus pandemic began. Shreveport Representative Sam Jenkins says his legislation covers grocery store workers, first responders, health and childcare workers…
Jenkins expects the program will cost the state $50-million.
A UL Lafayette economics professor warns our economic recovery from the COVID recession could drag well into 2022. Gary Wagner says the COVID Recession will cost the state about a billion dollars in revenue compared to projections before the pandemic began.
The numbers are out regarding casino revenue in the month of May and the grand total is $70 million. It is down from the nearly $218 million at the same time last year, however Casinos partially reopened in mid-May and revenues are down only 13% compared to the same two weeks last year. Casino Association of Louisiana executive director Wade Duty says returning players have been very cooperative with spread mitigation efforts.