According to the latest gaming revenue numbers from the Gaming Commission, Mississippi casinos suffered a 32.4% drop to $137.2 million in May 2011, compared to $203.1 million a year earlier.
Worst affected by the Mississippi River flooding were the Riverfront casinos, which remained closed for several weeks after the Mississippi Gaming Commission issued closure orders to 17 of the state’s 19 riverfront casinos in Tunica, Greenville, Vicksburg and Natchez beginning in April 28th. The Isle of Capri Casino in Natchez, the last Mississippi riverfront casino temporarily shut down due flooding, reopened on June 17th.
As a result of the closings, Mississippi Riverfront casinos won only $41 million last month, compared with $107.8 million in May 2010 and $101.8 million in April 2011. The 11 Gulf Coast casinos, which weren’t affected by flooding, collected $96.2 million last month, up from the $95.2 million generated in May 2010. The statewide May total closed with $137.2 million, down 32.4% from $203.1 million reported in May 2010.