Mississippi casinos gambling revenue up a point in June

The casinos in Mississippi showed an increase in gambling revenue of about 1% in June, compare to May, the numbers released by the State Tax Commission showed. According to the report, the Mississippi casinos posted $237.8 million in gambling revenue in June, up $2 million compared to the previous month, with the coastal casinos mostly contributing to the increase. The Mississippi River casinos took in $121.1 million, down $7.2 million from May, while the coastal gambling market was up about $9.2 million to $116.6 million. Adding the numbers for June, the Mississippi casinos gambling revenue for the first six months of the year totaled $1.4 billion.

Meanwhile it was also announced that Riverwalk Casino and Hotel may open earlier than expected. The fifth Vicksburg casino resort won Mississippi Gaming Commission approval Thursday for a gaming license, the last regulatory step necessary to open the gambling venue. The $100 million casino project was scheduled to be completed in November, but according to management, the construction and preparations for the opening are ahead of schedule and the casino could open its doors in early October. According to CEO Greg Carlin, the new casino will feature 805 slot machines and 18 gambling tables.

Published on 07/19/2008