October MS casino revenue dips near 15-year low

October MS casino revenue dips near 15-year low
Kin Cheung / AP PhotoKin Cheung / AP Photo

By JEFF AMY
Associated Press

JACKSON, Miss. (AP) - Mississippi casinos stumbled through their worst revenue month since September 1998 in October, with gamblers losing 8 percent less than in October 2011.

Statewide casino revenue fell to $167.4 million, according to Mississippi Department of Revenue figures.

If poor results continue, the state's gambling halls could collect less money in 2012 than in 2011, even though the prior year saw Mississippi River casinos closed for much of May because of flooding.

The 17 river casinos from Tunica to Natchez won $83.9 million, down 11% from the $93.9 million they won in October 2011. The 12 coastal casinos won $83.5 million from gamblers, down 5% from the $88.2 million they won in October 2011.

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

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Read more http://www.myfoxmemphis.com/story/20211774/october-ms-casino-revenue-dips-near-15-year-low

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