Mississippi Gambling Revenue Steady After Harrah’s Closure

Submitted by C Costigan on

Written by :

C Costigan

Published on :

JACKSON, Miss. (Associated Press) - Gambling revenues tumbled in Mississippi's river region in the first month after Harrah's Tunica Hotel & Casino closed, but the trend didn't worsen much. Meanwhile, Gulf Coast casinos posted their best June in years.

State figures show casinos statewide won $174 million from gamblers in June, up less than 1 percent from June 2013.

The 18 river casinos won $78.7 million, down 12 percent from a year earlier. The 12 coastal casinos won $95.7 million, up 13 percent from June 2013.

Revenue statewide fell 4 percent over the last 12 months. Mississippi casinos winnings are down about 25 percent from 2007's peak.

Overall revenue has fallen from the year earlier in 21 of the last 24 months.

The numbers exclude Choctaw Indian casinos, which don't report to the state.

Related Content

Florida AG Sues Chumba Casino, LuckyLand, Global Poker, Stake Sweepstakes Casinos

Florida AG Sues Chumba Casino, LuckyLand, Global Poker, Stake Sweepstakes Casinos

Florida Attorney General James Uthmeier has filed two lawsuits Wednesday against companies behind major online sweepstakes casinos, including Chumba Casino parent company VGW, which also operates the hugely popular LuckyLand and Global Poker sites.
BetAmapola Dispute Resolved: Player Paid in Full

BetAmapola Dispute Resolved: Player Paid in Full

Gambling911.com is happy to report that a long standing payout issue involving BetAmapola has now been resolved.
More Sweepstakes Casino Closures in August: LuckyStake and The Money Factory Shut Down

More Sweepstakes Casino Closures in August: LuckyStake and The Money Factory Shut Down

LuckyStake shut its sweepstakes casino down Aug. 14 with redemptions due by Aug. 20. The Money Factory did so two weeks prior.
Bally's Halts Chicago Casino Construction as Company Reports  $792 million in Revenue....$4.5 billion in DEBT?

Bally's Halts Chicago Casino Construction as Company Reports $792 million in Revenue....$4.5 billion in DEBT?

The company reported roughly $265.9 million in negative operating cash flow during the first six months of the year.