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Tag Archives: gaming

Mississippi regulators could approve sports betting rules

Mississippi gambling regulators are set to vote today on whether to approve final rules allowing sports betting, clearing the way for sports books to open in the state’s 28 casinos in July. The state Gaming Commission has placed the rules on its agenda for consideration Thursday. Commission Executive Director Allen Godfrey said commission staff will propose some slight tweaks to ...

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Mississippi coast casinos break April revenue record

Casinos on Mississippi’s Gulf Coast are setting revenue records before tourists arrive for the summer. The Sun Herald of Biloxi reports that gross casino revenue at the 12 Gulf Coast gambling centers hit an all-time high of $108.6 million in April. That’s $1.4 million more than the previous high set in April 2007 when volunteers and contractors were flooding the coast following ...

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Sports betting to be exclusive domain of casinos

By TED CARTER Whatever shape Mississippi’s sport betting takes in its expected fall arrival, it’s a lock that enhancing the state’s visitor numbers and hospitality spending will be a main goal. This goal puts Mississippi officials in harmony with a gaming sector eager for their casinos to become sports betting destinations. And as a major plus for the industry, anyone ...

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Reno-based Eldorado selling 2 casinos to Churchill Downs

Eldorado Resorts has entered agreements to sell two of its casino properties to Churchill Downs in Kentucky. The Reno-based company announced Wednesday Churchill Downs has agreed to acquire Presque Isle Downs & Casinos in Erie, Pennsylvania and Lady Luck Casino Vicksburg in Mississippi for a total of $229.5 million. As part of the agreement, Eldorado Resorts will sell Presque Isle ...

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Mississippi casino revenue fell 2 percent in 2017

Casino revenues fell in 2017 across Mississippi, as slight gains by Gulf Coast casinos couldn’t overcome continued declines at gambling halls along the Mississippi River. State Revenue Department figures released this week show statewide revenue fell 2 percent for the year to $2.08 billion, down more than $40 million from 2016. December was better, with gamblers losing $176 million statewide, ...

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Mississippi casino revenue continues to decline in August

Casinos along Mississippi’s Gulf Coast held their own last month, while revenue declines at gambling halls along the Mississippi River continued. State Revenue Department figures released this week show gamblers lost $168 million statewide last month, down 2 percent from August 2016’s $171 million. Receipts rose less than 1 percent to $98 million at the 12 coastal casinos, the fifth ...

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