This industry was gonna save the state from impending doom…..and all it has done is make the doom more reality than fiction…….chuq
Mississippi casino revenue resumed its year-over-year slide in June after showing positive results in May.
Statewide casino revenue fell nearly 7 percent from June 2012 to $174.5 million, according to Mississippi Department of revenue figures.
The state’s gambling halls eked out a 1 percent gain in 2012, because revenue rebounded after most Mississippi River casinos were affected by the 2011 floods. But year-over-year casino revenue has fallen in 11 of the last 12 months. May was the exception, when revenue rose 3 percent.
The 18 river casinos from Tunica to Natchez won $89.3 million, down 8 percent from $97 million in June 2012. The 12 coastal casinos won $85.2 million from gamblers, down 5.2 percent from $89.9 million June 2012.
- Casino Revenues Up in May (wtok.com)