ACROSS MISSISSIPPI — Winnings for Mississippi’s state-licensed casinos totaled $189.3 million in April, down from the $212.1 million in March, according to a report today from the state Revenue Department.
The casinos along the Gulf Coast took in $87.4 million in April, while the 19 casinos along the Mississippi River won $101.9 million from players.
The casinos took in $198.1 million in April 2010.
“Win” is a gross figure, with no operating costs or other expenses deducted. It is casino revenue only and doesn’t include hotel, restaurant or bar revenues generated by the resorts.
Casino revenues are reported on a calendar year basis.
Mississippi collects the gaming tax on a fiscal year that begins July 1 and end June 30. For the first 10 months of the fiscal year, gaming taxes have brought in $234.2 million, including $77.8 million that is transferred to local governments.
The Mississippi figures do not include Indian reservation casinos, which are not required to report their winnings to the public.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info