September casino revenues up despite sluggish figures for year so far

Highest monthly casino earnings in South Mississippi since 2010

2013-10-21
Reading time 49 seg
(US).- Gross casino revenue rose in September in South Mississippi, the second consecutive month winnings topped 2012. The state Department of Revenue reports September winnings at the 12 Coast casinos increased USD 1.5 million, or 2 percent, from a year ago. That was the best September since 2010 in South Mississippi.

Though that is encouraging for casinos - and the municipalities and schools that share a percentage of the casino tax - revenue for the first three quarters of the year at the Coast casinos remains us$ 25 million, behind the pace of 2012.

Not as lucky as the Coast casinos in September were casinos in the river counties in Mississippi and in neighboring Louisiana. Casino revenue slid us$ 9 million, or 10 %, from a year ago at the river casinos.

That put Mississippi's total gross casino revenue for September at us$ 170.2 million, down 4 % compared with September 2012. Casino revenue in Louisiana dropped 9 % from a year ago, winning us$ 182.2 million in September.

The Louisiana Gaming Control Board reported the decline was nearly statewide and across all types of casinos. The only exception was the Isle of Capri casino in Lake Charles, which won 3.4 more than last year, according to a report by Associated Press.

 

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