Casino Gambling

Coast casinos have their best July in years

It’s been a good summer for the Coast casinos, which saw a 3 percent increase in casino revenue in July and a 6 percent jump in June.
It’s been a good summer for the Coast casinos, which saw a 3 percent increase in casino revenue in July and a 6 percent jump in June. jcfitzhugh@sunherald.com

July typically is one of the strongest months for Coast casinos and this July was another winner.

Gross casino revenue at the 12 properties across South Mississippi was $108.4 million, up $105.1 million, or 3 percent higher than a year ago, according to the Mississippi Department of Revenue.

That’s the best July since 2008 and follows a 6 percent increase in June. It’s also higher than the $101.7 million revenue in July 2005, the month before Hurricane Katrina.

Year-to-date revenue lagged in 2017, but two strong months brought the total to within $2 million of the total at this point last year.

July wasn’t a good month for Mississippi’s river casinos, which saw revenue fall to $84 million from $79 million a year ago, or a 5.5 percent decline. Total state casino revenue was $188 million, down $1 million or 0.7 percent from July 2016.

Casino revenues

in millions

Gross revenues

July 2017

July 2016

% change

Coast

$108.4

$105.1

+ 3.1%

River

$$79.5

$84.1

- 5.5%

State

$187.9

$189.3

- 0.7%

Source: Mississippi Department of Revenue, Gaming Commission

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