State’s casinos see another month of falling revenue
Published: October 21,2013
ACROSS MISSISSIPPI — Mississippi casinos won less money from gamblers in September for the 13th month out of 15, as casinos along the Mississippi River continued to lag badly.
Mississippi Department of Revenue figures show statewide casino revenue fell 4.4 percent from September 2012 to $170.2 million.
The 12 coastal casinos won $88 million from gamblers, up 1.7 percent from September 2012. The 18 river casinos from Tunica to Natchez won $82 million, down 10 percent from a year earlier.
Revenue statewide is down about 4.5 percent over the last 12 months. Over the last 12 months, Mississippi casinos have collected only about 75 percent of what they collected in the peak revenue year of 2007.
The numbers exclude Choctaw Indian casinos, which aren’t required to report winnings to the state.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Spivey named Under 40 Business Person of the Year by the Mississippi Business Journal
- Bids on reworking Interstate 55 stretch are rejected
- JACK WEATHERLY: Finding a house, defending a neighborhood, finding a voice
- Terminal upgrade on indefinite hold at Jackson International Airport
- JACK WEATHERLY: Economic development in these parts is a ‘family’ business
- Report ranks state schools' performance 51st in the nation
- Two new casinos like the odds on Mississippi Gulf Coast
- CFPB wants repay ability at center of new payday loan rules
- Hosemann to launch crowd funding program