Miss. casino rebound in October

Published 3:10 pm Friday, November 21, 2008

Mississippi’s casino revenues rebounded in October, showing a $9 million increase over September.

Mississippi casinos took in $211.1 million in October, about $8.9 million more than in September, according to figures from the State Tax Commission.

Win, or casino revenue, is the net amount of money won from gamblers. It is not profit.

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The gross earnings figure represents revenue with no operating costs or other expenses deducted. And it’s casino revenue only — separate from hotel, restaurant or bar revenues generated by the resorts.

The Mississippi River casinos took in $114.2 million, up about $7 million from September. The coastal market took in $98.8 million, up $12 million from September.Two Houston residents have received jail time after pleading guilty in federal court to four counts of fraud involving Hurricane Katrina assistance.