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Revenues for Mississippi 's Casinos Fell Slightly in February

22 March 2001

JACKSON, Mississippi – March 22, 2001 – As reported by the Associated Press: "Mississippi casino revenue fell slightly in February, and industry observers say they don't expect any significant gains until the statewide market expands.

"Mississippi's 30 state-regulated casinos brought in $227.9 million in February, compared with $229.3 million in the same month last year, according to new figures from the state Tax Commission.

"…The 12 casinos on the Coast reported revenue of $94.9 million in February, compared with $95.3 million in February 2000.

"In Tunica and the river counties, casinos won $132.9 million last month, about $1 million less than the same month a year ago.

"Eric Hausler, an analyst with Bear Stearns in New York, said competition for gamblers has increased, and it is particularly hurting profit margins in Biloxi and Tunica…"

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