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Tag Archives: revenue

Casino revenue up, but gaming along river remains depressed

It has been an easy year so far for the state’s casinos, but there is finally some good news, at least for venues on the Coast. Mississippi Department of Revenue figures show casinos took in about $179.1 million in August, compared to about $178.4 million a year ago, according to The Associated Press. The 12 casinos in coastal counties won ...

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Casino revenue down statewide, worst on Coast

ACROSS MISSISSIPPI — A sharp drop in coastal casino revenue contributed to a 6 percent drop in Mississippi gambling revenue in July. Mississippi Department of Revenue figures show statewide casino revenue fell 6 percent to $192.1 million. The 12 coastal casinos won $97 million from gamblers, down 8 percent from the $105.4 million they won in July 2012. The 18 ...

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Cal-Maine's bottom line impacted by antitrust settlement

JACKSON — Cal-Maine Foods Inc., for the fourth quarter of fiscal 2013, saw net sales of $325.9 million compared with net sales of $275.2 million for the fourth quarter a year ago. The egg company reported a net loss of $3.8 million, or $0.16 per basic share, for the fourth quarter of fiscal 2013 compared with net earnings of $37.3 ...

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State's casinos see 7 percent drop in revenue

ACROSS MISSISSIPPI — Mississippi casino revenue resumed its year-over-year slide in June after showing positive results in May. Statewide casino revenue fell nearly 7 percent from June 2012 to $174.5 million, according to Mississippi Department of revenue figures. The state’s gambling halls eked out a 1 percent gain in 2012, because revenue rebounded after most Mississippi River casinos were affected ...

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EastGroup Properties sees quaterly earnings decrease

JACKSON — EastGroup Properties reported strong results for the second quarter, but profit fell from a year earlier, when the company recorded a large gain selling real estate. The industrial landlord said yesterday that quarterly profit fell 4 percent to $7.6 million, or 25 cents per share, in the three months that ended June 30. That’s down from $8 million, ...

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Entergy Corp. gives earnings guidance for second quarter

NEW ORLEANS — Entergy Corporation expects second quarter 2013 as-reported earnings of approximately $0.91 per share and operational earnings of approximately $1.00 per share. Results for second quarter 2012 were $2.06 per share on an as-reported basis and $2.11 per share on an operational basis. Entergy also affirmed previously issued operational earnings guidance for 2013. Special items were recorded for ...

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State's casinos finally see an increase in revenue over 2012

ACROSS MISSISSIPPI — Mississippi casino revenue rose in May, the first month in 2013 that state’s gross casino revenue was higher than in 2012. Revenue was up 3 percent statewide to $192.7 million in May, according to the report from the Mississippi Department of Revenue. South Mississippi’s 12 casinos won $95.1 million in May, up more than $4 million from ...

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Realtors report better prices, sales in metro Jackson

JACKSON — The housing market is looking up in central Mississippi. The Clarion-Ledger reports that statistics from the Jackson Association of Realtors show higher prices and faster sales than a year ago. Board president Dorothy Thompson says people finally seem convinced they’ve survived the worst of the recession and can again make big-ticket purchases. The association covers Hinds, Madison, Rankin, ...

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Sanderson outperforms Wall Street forecast

LAUREL — Sanderson Farms Inc. said today that its fiscal second-quarter net income rose 2 percent thanks to higher demand for poultry products. Its performance topped Wall Street’s view. Shares climbed in premarket trading. The poultry company earned $24.4 million, or $1.06 per share, for the three months ended April 30. That’s up from $23.9 million, or $1.04 per share, ...

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Mayor wants some casino money for schools to go to parks

GREENVILLE — Mayor John Cox is suggesting that a portion of casino revenue diverted to Greenville’s schools should be directed instead to parks and recreations programs. “We are trying to figure out a way that gaming funds could be directed through the parks commission to benefit the youth of the Greenville Public School District to assist in voluntary character development ...

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