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VOL. 128 | NO. 166 | Monday, August 26, 2013

Mississippi Casino Revenue Again Drops Sharply in July

JEFF AMY | Associated Press

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JACKSON, Miss. (AP) – A sharp drop in coastal casino revenue contributed to a 6 percent drop in Mississippi gambling revenue in July.

Mississippi Department of Revenue figures show statewide casino revenue fell 6 percent to $192.1 million.

The 12 coastal casinos won $97 million from gamblers, down 8 percent from the $105.4 million they won in July 2012. The 18 river casinos from Tunica to Natchez won $95.2 million, down 4 percent from the $93.7 million they won in July 2012.

Year-over-year casino revenue has fallen in all but one month since July 2012. Mississippi casinos, over the last 12 months, have collected only about 75 percent of what they collected in the peak revenue year of 2007.

The numbers exclude Choctaw Indian casinos, which aren't required to report winnings to the state.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 69 69 21,228
MORTGAGES 57 57 24,842
FORECLOSURE NOTICES 0 0 8,703
BUILDING PERMITS 128 128 43,475
BANKRUPTCIES 50 50 14,244
BUSINESS LICENSES 12 12 6,503
UTILITY CONNECTIONS 60 60 13,737
MARRIAGE LICENSES 19 19 5,177

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