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Mississippi coast casinos report results

19 September 2007

BILOXI, Mississippi -- As reported by the Biloxi Sun Herald: "Coast casinos celebrated the 15th anniversary of gambling in Mississippi by posting their best August on record with $108.9 million in gross gaming revenue.

"In July, boosted by the blockbuster opening of Hard Rock Casino, the Coast set an all-time one-month record of $124.7 million. That dropped 12.7 percent in August but still topped the $105.9 million previous August high set in 2004. When Hurricane Katrina closed all the casinos before the storm struck on Aug. 29, 2005, the revenue for August was $105.9 million.

"...Revenue also sagged at casinos in Mississippi's river counties in August, slipping 8.5 percent from $143 million to $130.9 million. With both the Coast and river casinos lower, the state revenue dropped almost $28 million from July to August.

"The total state revenue so far this year stands at $1.98 billion, making the goal of $3 billion by the end of 2007 still attainable with a third of the year remaining..."

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