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Mississippi Casinos in River Counties Saw 11% Revenue Decline in 2011 |
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Thursday, 02 February 2012 07:30 |
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 Casinos in the counties surrounding the Mississippi river saw a $1.9 million gross gaming revenue increase for the month of December, but due to flooding during the spring, gaming revenue declined 11% for the year.
The Mississippi casinos in the river counties, most of which being located in Tunica county, had a gross gaming revenue of $1.14 billion for 2011, compared to $1.28 in 2010.
The casinos were shut down at the end of April due to flooding in the Mississippi river. This was the first time in Tunica's history that the casinos were shut down and it lasted for about three weeks.
Due to the closing, Tunica casinos made only $40 million in May, the lowest month of casino revenue ever.
The Gulf Coast casinos in Mississippi also saw slight declines in revenue in 2011.
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