- Associated Press - Saturday, December 3, 2016

JACKSON, Miss. (AP) - October was another winning month for Mississippi casinos, with statewide gambling revenue increasing nearly 7 percent thanks to strength along the Gulf Coast.

Figures released by the state Revenue Department show casinos won $174 million from gamblers in October, the highest for the month since 2011.

Gamblers lost $99 million at the 12 coastal casinos, 13 percent more than last October. It’s the 24th increase for coastal casinos in the last 29 months.

Revenue fell less than 1 percent at the 16 Mississippi River casinos, dipping to just above $74 million. Receipts along the river have fallen in 44 of the last 52 months, but declines have been growing shallower, raising the possibility of a return to growth.

Numbers exclude Choctaw Indian casinos, which don’t report winnings to the state.


Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide