Miss. casino revenue falls in August

JACKSON — Revenue for Mississippi’s 30 state-licensed casinos fell 9.1 percent in August as compared to July.

Figures released Tuesday by the Mississippi State Tax Commission show casinos won $206 million last month, about $18.8 million less than in July. The casinos took in $238.2 million in August 2008.

The industry had rebounded somewhat in July – at $224.8 million – from a dismal June, when casinos won less money from gamblers than during any month after the reopening of coast casinos in December 2005 following Hurricane Katrina. Revenue was $189.2 million in June.

Casino revenue, or "win," is the net amount of money won from gamblers. It is not profit.

The gross earnings figure represents casino revenue only – separate from hotel, restaurant or bar revenues generated by the resorts.

The casinos along the Mississippi River won $109.6 million last month compared with $120.6 million in July. The Mississippi Gulf Coast casinos took in about $96.4 million in August compared with about $104.1 million in July.

Close this Window Bookmark and Share This Page

Save to Browser Favorites / Bookmarks

Print RSS Feed Ask backflip blinklist BlogBookmark Bloglines BlogMarks Blogsvine BuddyMarks BUMPzee! CiteULike co.mments

Connotea del.icio.us Digg diigo DotNetKicks DropJack dzone Facebook Fark Faves Feed Me Links Friendsite folkd.com

Furl Google Hugg Jeqq Kaboodle kirtsy linkaGoGo linkedin LinksMarker Ma.gnolia Mister Wong Mixx MySpace

MyWeb Netvouz Newsvine oneview OnlyWire PlugIM Propeller Reddit Rojo Segnalo Shoutwire Simpy Slashdot

Sphere Sphinn Spurl Squidoo StumbleUpon Technorati ThisNext Twitter Webride Windows Live Yahoo!

Email This to a Friend

Copy HTML: 

 If you like this then please subscribe to the RSS Feed.

More »