Home » NEWS » Gaming » State's casinos saw winnings fall five percent

State's casinos saw winnings fall five percent

ACROSS MISSISSIPPI — Mississippi’s casinos won $182.2 million in October, down 5 percent from $191.6 million in October 2010.

The 19 river casinos won $93.9 million in October, down 9 percent from $103.5 million in the year-ago month, according to Mississippi Department of Revenue figures. Winnings at the 11 Mississippi coast casinos totaled $88.2 million, up slightly from $88.1 million the previous October.

River winnings are down 12.2 percent through the first 10 months of the year, reflecting the heavy impact of flooding in May and June. Coast winnings down less than 1 percent. Statewide, gross revenue is down 6.9 percent for year, to $1.89 billion, putting Mississippi’s casinos on track for the fourth straight year of declining revenue since 2007’s all-time high.

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

About Megan Wright

Leave a Reply

Your email address will not be published. Required fields are marked *

*