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Mississippi Casino earn less than previous year

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November 28, 2012

October was the lowest revenue earning month for Mississippi since September of 1998. The loss was even 8 percent lower than a year ago in October.

A report released by the Mississippi Department of Revenue showed the decline of revenue to $167.4 million. 2012 could bring in less money than last year if the trend continues.

The 12 casinos on the coast reported being down 5 percent from a year ago in October when they earned $88.2 million. October 2012 reportedly earned $83.5 million. $83.9 million was earned by the river's 17 casinos. That is 11 percent lower than a year ago when they reported earning $93.9 million.

It is unknown how much revenue was earned at the Choctaw Indian casinos. Native American casinos are excluded from reporting the total amount of winnings to the state.

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