Miss. casino revenue up in January
Published 11:40 pm Thursday, February 26, 2009
Mississippi casino gambling revenue rebounded in January, increasing about $17 million over December.
Mississippi State Tax Commission records show revenue totaled $221 million in January compared to $204.3 million in December.
Compared to January 2008, however, statewide revenues were down $3 million.
Tax Commission records posted Tuesday show the Gulf Coast casinos grossed $99.1 million in January, up from $95.4 million in December but down about $7 million from January 2008.
Casinos along the Mississippi River took in $121.9 million in January, up about $13 million from December and up $4 million from January 2008.
Casino revenue, or “win,” is the net amount of money won from gamblers. It is not profit.
The gross earnings figure represents casino revenue only — separate from hotel, restaurant or bar revenues generated by the resorts.
On the Net:
Mississippi State Tax Commission, http://www.mstc.state.ms.us/taxareas/misc/gaming/stats/GamingGrossRe venues.p df