Mississippi Casino Revenues Rise 8.1% To $177.1m In April

Mississippi Casino Revenues Rise 8.1% To $177.1m In AprilThe Mississippi Department of Revenue has released its casino results for April, revealing an 8.1% in revenues to $177.1 million compared to the $163.8 million generated in the same month last year. From that tally, the state’s 17 river casinos saw their business increase by 4.4% to $82.8 million, while revenues at Mississippi’s 11 coastal casinos soared by an impressive 11.5% to $94.3 million, representing 9 positive months out of 11 along the coast. For the first 4 months of 2015, the Magnolia State’s casino revenue are currently higher by 1% compared to the same period of time in 2014.
Looking ahead, concerns exist that the Mississippi gambling market could eventually come under pressure from neighbouring Alabama if the decision is made to permit its four dog tracks to open up casinos, with analysts predicting a loss of up to four million casino customers per year. Nevertheless, Boyd Gaming President Keith Smith has said that “competition will continue to increase, whatever its source”, and warned that Mississippi will also face internal competitive pressure from a 12th state casino
currently under construction along the coast in D’Iberville, as well as a possible expansion of the Wind Creek Casino’s operation in Atmore.
In the meanwhile, Mississippi is currently reviewing a number of ways in which to increase state gambling revenues, including legalizing lottery games, and even sports betting depending on the outcome of a high profile regulated sports betting case involving New Jersey. Online poker, on the other hand, doesn’t look like being on the cards anytime soon as more than 50% of Mississippi’s 3 million residents neither possess a computer or have access to an Internet connection. As House Gaming Committee chairman Richard Bennett explains:
“We’re a state that’s going to stay back and watch.”

Poker News
Spanish Online Poker Revenue Jumps 27% in Q1
03 Jun 2018
In January, Spain and France started pooling their online poker players in an attempt to revive an industry decimated by the ring-fenced policies adopted by their respective governments. If they were ever in any doubt as to the validity of their move, the results for the first three months of 2018 will certainly have allayed
Japan Introduces Responsible Gambling Bill
28 May 2018
Japan’s bicameral legislature, known as The National Diet, consists of an upper House of Councillors and a lower House of Representatives, with the latter having started discussing the Integrated Resorts Implementation Bill last week. Being debated is the regulatory framework required in order to set up an efficient and well functioning casino market in the
Ohio Casino Revenue Up 1% to $71.8m in April
17 May 2018
The Ohio Casino Control Commission has released its gambling results for April, with the state’s four casinos collecting $71.8 million last month, up by almost 1% compared to the prior year. Meanwhile, the Buckeye State’s seven racinos fared considerably better, with their revenue rising by 8% to $89.7 million from their slots and video gaming
NJ Generates Record iGaming Revenues in February
15 May 2018
In April, New Jersey’s online gambling market saw its revenue rise by 10.6% to $23 million versus the same month in 2017, with the amount posted second only to the record $25.6 million collected in March 2018. As a result, the Garden State has now generated $92.5 million over the first four months of this