Posts Tagged ‘revenue’

Coast casinos’ revenues up, but riverboats continue to struggle

by Associated Press Published: March 26,2014

Tags: casino, gambling, gaming, Mississippi Department of Revenue, Mississippi Gulf Coast, revenue, riverboat

ACROSS MISSISSIPPI — Mississippi Gulf Coast casinos won a bit more from gamblers in February but that increase couldn’t overcome bigger revenue declines at casinos along the Mississippi River. Mississippi Department of Revenue figures show statewide casino revenue to $182 million in February, down fell 3 percent from 2013′s second month. Revenue has fallen in […] [...]

Nissan sets another sales record despite winter weather

CANTON — Nissan Group saw total U.S. sales for February 2014 of 115,360 units, an increase of 15.8 percent compared to last year. Highlights of Mississippi-built products are: • Sales of the Frontier pickup rose 112 percent to 5,791 units • Altima sales totaled 30,849 units in February, an increase of 11 percent • Sales […] [...]

Isle of Capri records loss; says state properties face ‘pressure’

by MBJ Staff Published: February 27,2014

Tags: casino, gambling, gaming, Isle of Capri Inc., net loss, publicly traded company, revenue

ST. LOUIS — Isle of Capri Casinos Inc. has reported financial results for the third quarter of fiscal year 2014 ended Jan. 26. Diluted income (loss) per share from continuing operations for the quarter was $0.24 compared to ($0.06) for the third quarter last year. Income from continuing operations was impacted by the reversal of […] [...]

TVA loses $67M in first quarter of 2014

KNOXVILLE, Tenn. ― The Tennessee Valley Authority reports that operating expenses declined and its bottom line results improved in the first quarter of fiscal year 2014 compared with the same quarter a year ago. “Our efforts to keep rates low and reliability high for our customers by working more efficiently helped to offset lower sales […] [...]

County loses revenue from pipeline, Section 42 housing

by Associated Press Published: February 4,2014

Tags: county government, Destin Pipeline, education, energy, Jackson County, pipeline, real estate, revenue, Section 42, tax

PASCAGOULA — Jackson County is taking an unexpected hit in revenue with a recent drop in the assessed value of a major pipeline and a loss in tax revenue from federally subsidized housing. The Sun Herald reports a state tax appeals board ruled in favor of the owners of the Destin Pipeline, and lowered its […] [...]

Entergy reports decreased profit; gives 2014 forecast

by Associated Press Published: October 30,2013

Tags: COST, earnings, electricity, energy, Entergy Corp., FactSet, forecast, net income, profit, publicly traded company, revenue, utility

NEW ORLEANS — Entergy Corp. said day that its third-quarter profit fell 29 percent on higher costs, and it gave a 2014 forecast with midpoint below analysts’ expectations. Shares of the power generating and distribution company fell $2.05, or 3 percent, to close at $66.06. Net income fell to $239.9 million, or $1.34 per share, […] [...]

State’s casinos see another month of falling revenue

by Associated Press Published: October 21,2013

Tags: casino, gamble, gambling, gaming, Mississippi Department of Revenue, revenue

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 […] [...]

EastGroup reports increase in revenue, profit

JACKSON — More tenants are renting industrial space from landlord EastGroup Properties, pushing up revenue and profit in the third quarter. The company said quarterly profit rose 24 percent to $8.4 million, or 28 cents per share, in the three months that ended September 30. That’s up from $6.8 million, or 23 cents per share, […] [...]

State’s casinos see continued drop in winnings

ACROSS MISSISSIPPI — Month after month, Mississippi’s casinos are winning less from gamblers. Some months, such as August, see a blip, and revenue rises a little. But those are exceptions. After hitting nearly $2.9 billion in 2007, revenue fell 22 percent to $2.25 billion in 2012. And the take is on track to dip another […] [...]

State’s tax collections come in well over outlook

ACROSS MISSISSIPPI — Mississippi tax collections for the first quarter of the state’s fiscal year — July through August — are 5.9 percent above the estimate and $124.3 million, or 12.1 percent, above what was collected during the same period a year ago. The estimate — made by legislative leaders upon advice of the state’s […] [...]

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