South Mississippi casinos released August results

South Mississippi casinos released August results

The 12 coast casinos had another positive month in August, whilst revenues at the river casinos declined in South Mississippi.

US.- The 12 Coast casinos saw another positive month in August , marking the seventh this year, although river casinos did not have the same positive results.

Gross casino revenue in South Mississippi was up nearly US$1 million, or 1 percent, in comparison with August 2015. However, river casinos were down nearly US$3 million, or 4 percent. That put the state’s revenue for August 1 percent below a year ago.

Every month this year, except for March, coast casinos have had higher revenue than in 2015. Five times revenue was above US$100 million, compared with two times last year, once a year in 2012-14 and not at all in 2010 and 2011. On its part, the river casinos have posted two positive months this year.

The best August casino revenue for Coast casinos was US$111.5 million in 2008. For the river casinos, the record August was US$137 million in 2004. South Mississippi casinos paid US$11.3 million in taxes to the state general fund in August and US$7.2 million to local governments.