Mississippi casino revenue saw a decline of 2.2% in June, totaling $197.6 million compared to the $202.1 million earned the previous year. The decline was even sharper compared to May, with an 11.6% decrease.
The Coastal region continued to be the primary revenue generator, bringing in $130.5 million, a slight drop from the $131.8 million recorded last year. The Central region experienced the most significant decrease, with revenues falling by 6.1%, from $26.1 million to $24.6 million.
Continued Decline in Mississippi Casino Revenue
The Northern region also experienced a decline in revenue, with a 3.6% drop to $42.6 million from $44.1 million in June of the previous year. This decrease contributes to a year-to-date total of $1.22 billion, which is a marginal 0.6% decrease from the $1.23 billion generated at the same time last year.
New Casino Projects Approved
In a move that could potentially boost revenues in the future, the Mississippi Gaming Commission approved two new casino projects in east Biloxi. These developers must now demonstrate their financial capability to kickstart the construction process.
For those following the state’s gaming and casino industry developments, these numbers and upcoming projects are key indicators of the market’s current trajectory. Read more news on similar topics.
