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Tag Archives: gaming

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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BILL CRAWFORD – Voters sovereign except when they aren’t

Strong words from Governor Phil Bryant in his state-of-the-state address back in January: To the taxpayers who hear this message, rest assured your governor recognizes that you are sovereign. You, by the power of your vote, grant us the authority to govern. The Mississippi Constitution makes clear that, ‘All power is vested in and derived from the people.'” Hmmm. In ...

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Mississippi group will study lottery but not take a stand

A study group will gather facts but does not intend to make recommendations either for or against creating a lottery in Mississippi. That’s according to the group’s leader, Republican state Rep. Richard Bennett of Long Beach. Mississippi is one of six states without a lottery, and Republican Gov. Phil Bryant has said legislators should consider starting one. Republican House Speaker ...

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Lottery members say task is to gather facts

By BOBBY HARRISON / Daily Journal Only one House member on the committee Speaker Philip Gunn, R-Clinton, formed to study the lottery, voted during the 2017 legislative session in favor of an amendment trying to enact the lottery. In addition, when announcing members of the committee earlier this month, Gunn said, “The purpose of the study group is to gather ...

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