State casinos report drop in winnings in March
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.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
Still planning that summer vacation?
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Study: Mississippi has highest sales tax rate in U.S.
- Family launches Billups Coffee with headquarters in Oxford
- Chris McDaniel responds to radio show audio clip
- Running luxury car dealerships, like Mercedes of Jackson, comes naturally to Trudy Higginbotham Moody
- ‘Just the beginning’ — Venture Technologies merging, acquiring companies
- Mississippi State makes NSF ranking of research universities
- Chaney drops lawsuit against National Flood Insurance Program
- Hood joins other AGs in efforts to curb copper theft
- Entergy gives $500K grant to The Nature Conservancy
- Sawtimber, pulpwood markets improving, but challenges remain