LouisianaS Gambling sector Shows Resilience Amid shifting Trends
Louisiana’s gambling industry concluded its fiscal year 2025 with a generally stable performance, buoyed by the expansion of mobile sports betting and daily fantasy sports. These growing sectors helped to counterbalance minor downturns experienced in conventional casino operations and retail sportsbooks. However, June’s month-over-month data indicates a mixed trajectory as the state enters the new fiscal year, which commenced on july 1.
Gasoline Prices Poised for Summer Dip
U.S. gasoline prices are anticipated to fall below the $3 per gallon mark this summer, a threshold not crossed in over four years. This potential decrease is attributed to a combination of factors, including reduced fuel demand influenced by adverse weather patterns and an increase in fuel imports, which has bolstered inventory levels.The recent stability in gasoline prices offers a welcome respite for American consumers, particularly those planning summer travel. This follows a period of record-high fuel costs experienced after Russia’s 2022 invasion of Ukraine considerably disrupted global energy markets.
