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Tag Archives: gambling

City of Biloxi takes state to court over rent payment

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Attorneys for the city of Biloxi are headed to court trying to collect more than $1 million owed to the city in rent paid by the Golden Nugget Casino Biloxi and inadvertently swept into the general fund by the state Legislature last year. The Sun Herald reports Thursday’s hearing will be before Judge Jennifer Schloegel. Biloxi, the Secretary of State, ...

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Sports betting could keep casino revenue rolling in Miss.

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The president of the American Gaming Association says while casino revenue has leveled off in Mississippi and other states, sports betting could be that new amenity consumers want, which will keep tax money rolling in. Geoff Freeman, speaking in Biloxi on Wednesday, said fantasy sports really kicked off the conversation of sports betting nationwide. The Sun Herald reports the AGA ...

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Casino revenue rises in all regions across Mississippi

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Casino revenue continued to grow statewide in Mississippi in June, with gamblers losing more at casinos along the Mississippi River and the Gulf Coast. Figures released this week by the state Revenue Department show casinos won $175 million in June, up 1.4 percent from $173 million in June 2015. Revenue at the 16 Mississippi River casinos rose 2 percent from ...

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March Mississippi casino revenue dips as coast gambling lags

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Dipping Gulf Coast casino revenue dragged down Mississippi’s statewide gambling totals in March. Figures released last week by the state Revenue Department show casinos won $188 million in March, down 5 percent from $198 million in March 2015. Gamblers lost $103 million at the 12 coastal casinos, 4 percent less than last March. It’s only the third decline for coastal ...

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Gulf Coast casinos power Mississippi’s February revenue gain

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Booming Gulf Coast casino revenues continue to buoy Mississippi’s statewide totals. Figures from the state Revenue Department show casinos won $190 million in February, up 5 percent from $181 million in February 2015. Gamblers lost $105 million at the 12 coastal casinos, 10 percent more than last February. Strong performance has continued through December’s opening of D’Iberville’s Scarlet Pearl casino. ...

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January revenue up by 15 percent for Gulf casinos

Floor-to-ceiling windows in each of the Scarlet Pearl’s 300 rooms offer a great view of the Back Bay, D’Iberville and Biloxi.

BILOXI — January revenue of $100.5 million for Mississippi’s 12 Gulf Coast casinos is $13 million higher than the $87.3 million posted in January of last year. That is a 15 percent increase. In a report on the latest figures in The Sun Herald, a local hospitality industry spokesman says the Scarlet Pearl, a new casino in D’Iberville, helped grow ...

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D’Iberville gets its first share of Scarlet Pearl revenue

Floor-to-ceiling windows in each of the Scarlet Pearl’s 300 rooms offer a great view of the Back Bay, D’Iberville and Biloxi.

D’IBERVILLE — After more than 20 years of waiting for a casino in the city, D’Iberville got its first payment from casino revenue. City officials told The Sun Herald Tuesday the Scarlet Pearl Casino opened Dec. 9 and its first month’s gross casino revenue was $8.4 million. The local tax is 3.2 percent, or $270,000. Sharron Perkins, the city’s comptroller, ...

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IRS plan to require tax forms for wins of $600

BILOXI — Casino operators in South Mississippi are coming out against an IRS proposal that would require players to file tax forms any time they win $600 or more on slot machines, keno or bingo. The threshold currently is $1,200. Hit that amount or higher and the slot machine freezes and stays locked until the Internal Revenue Service form is ...

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Mississippi casino revenues rise, driven by coast winnings

JACKSON — Gamblers lost more money at Mississippi casinos in January, as Gulf Coast gambling halls continued gains of recent months. State Department of Revenue figures show casinos statewide won $165 million from gamblers in January, up 3.4 percent from $159 million in January 2014. The 11 coastal casinos won $87.3 million, up 7 percent from January 2014. The 17 ...

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Miss. casino revenue falls on river casino weakness

JACKSON — Mississippi casino revenue fell in November, as continued weakness at casinos along the Mississippi River outweighed gains on the Gulf Coast. State Department of Revenue figures show casinos statewide won $156 million from gamblers in November, down 5 percent from $164 million in November 2013. The 12 coastal casinos won $82.8 million, up less than 1 percent from ...

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