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Mississippi casino revenue fell 2 percent in 2017

MGN Online

Casino revenues fell in 2017 across Mississippi, as slight gains by Gulf Coast casinos couldn't overcome continued declines at gambling halls along the Mississippi River.

Posted: Jan 21, 2018 11:48 PM

JACKSON, Miss. (AP) — Casino revenues fell in 2017 across Mississippi, as slight gains by Gulf Coast casinos couldn't overcome continued declines at gambling halls along the Mississippi River.

State Revenue Department figures released this week show statewide revenue fell 2 percent for the year to $2.08 billion, down more than $40 million from 2016. December was better, with gamblers losing $176 million statewide, up 3 percent from $171 million in December 2016.

The 12 coastal casinos saw revenue for the year rise less than 1 percent to $1.19 billion. It was, just barely, the fourth consecutive year of gains for those casinos. Winnings rose 7 percent in December to $99 million, the year's second-strongest gain behind November.

The 16 river casinos added another year to their losing streak, having posted revenue declines every year but one since peaking in 2006. Revenue fell 5 percent for the year to $885 million. The decline for December was less severe, falling only 1.4 percent to $77 million from the year before. Over the long term, casinos in Tunica County and Lula in particular have suffered from increasing competition from two racetrack casinos in Arkansas.

Mississippi, which accounting firm Rubin Brown reports has the third-lowest effective tax rate on casinos among states, collected about $250 million in gambling taxes in 2017.

Figures from the previous year, 2016, show Mississippi was the sixth-largest gambling state nationwide. The Gulf Coast was the eighth-largest casino market, according to the American Gaming Association, while the Tunica/Lula area was the 17th largest.

Numbers exclude Choctaw Indian casinos, which don't report winnings to the state.

Mississippi Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 32888

Reported Deaths: 1188
CountyConfirmedDeaths
Hinds264246
DeSoto176718
Madison135536
Jones115949
Neshoba101673
Harrison100312
Rankin99915
Lauderdale93781
Forrest92743
Scott78515
Jackson70417
Copiah62715
Washington62610
Leake59820
Lee57521
Holmes57041
Oktibbeha55728
Wayne55116
Warren54020
Yazoo5336
Grenada5227
Lowndes51513
Leflore50756
Lamar5007
Lincoln49234
Pike46617
Sunflower4368
Monroe43135
Lafayette4194
Covington3965
Panola3926
Bolivar37018
Attala36523
Simpson3603
Newton35210
Adams33218
Tate31912
Pontotoc3166
Marion30812
Chickasaw29119
Claiborne28910
Winston28210
Noxubee2738
Pearl River26932
Jasper2666
Marshall2643
Clay25111
Smith23412
Union23311
Coahoma2136
Clarke21125
Walthall2087
Lawrence1892
Yalobusha1838
Kemper17914
Carroll17111
Humphreys1569
Tallahatchie1564
Montgomery1432
Calhoun1425
Tippah14211
Itawamba1408
Hancock13413
Webster12811
Tunica1153
Jefferson1143
Jefferson Davis1144
Prentiss1113
Greene1089
Amite1043
George943
Wilkinson949
Tishomingo911
Quitman891
Alcorn762
Perry764
Choctaw754
Stone722
Franklin472
Benton420
Sharkey400
Issaquena101
Unassigned00

Alabama Coronavirus Cases

Confirmed Cases: 46424

Reported Deaths: 1032
CountyConfirmedDeaths
Jefferson5687161
Mobile4315136
Montgomery4275109
Tuscaloosa238248
Marshall181511
Madison16208
Lee146337
Shelby141424
Morgan11575
Baldwin10399
Walker101825
Elmore97519
Dallas9189
Franklin90616
Etowah83413
DeKalb7905
Chambers64727
Autauga64312
Butler63728
Tallapoosa60669
Russell5890
Unassigned53826
Houston5366
Limestone5251
Lauderdale5146
Cullman4905
Lowndes47922
Pike4525
Colbert4426
St. Clair4402
Escambia4358
Calhoun4035
Coffee3923
Covington38110
Bullock36910
Barbour3622
Jackson3432
Talladega3337
Dale3261
Marengo32011
Hale31722
Wilcox2958
Clarke2876
Sumter28512
Winston2773
Chilton2762
Blount2581
Monroe2442
Pickens2446
Marion24114
Randolph2289
Conecuh2187
Macon2029
Choctaw19912
Bibb1981
Greene1888
Perry1791
Henry1403
Crenshaw1253
Washington1217
Lawrence1130
Cherokee1117
Geneva860
Lamar801
Fayette721
Clay692
Coosa601
Cleburne391
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