Casino Revenue Sees 9% Decrease in September From August In Mississippi
Thursday 24 de October 2024 / 12:00
2 minutos de lectura
(Mississippi).- After a strong August, Mississippi casino revenue dropped in September. This past month, the state’s three gaming regions generated a little over $190.67 million in revenue, according to data from the Mississippi Gaming Commission (MGC).
Key takeaways
- Mississippi’s September casino revenue represents a monthly decrease and an annual decline.
- This is the third time that casino revenue went below $200 million this year.
- Coastal casinos bring in the most revenue per month.
Mississippi land-based casino revenue was down 9% monthly
The total September revenue represents a 9.04% monthly decrease compared to what Mississippi casinos won in August 2024.
Furthermore, the MGC’s revenue report for September 2024 shows this is the third time casino revenue went below $200 million this year. Here’s how the numbers have changed since the beginning of the year:
- January: $180,276,434.28
- February: $206,676,697.89
- March: $235,142,272.62
- April: $192,019,907.19
- May: $209,629,320.57
- June: $202,058,221.97
- July: $205,510,674.52
- August: $209,617,544.69
- September: $190,672,477.75
The casino revenue from last month also shows a 9.20% annual drop compared to Mississippi’s gaming revenue of $209.99 million in September 2023.
Looking at last year, we can expect numbers to decrease in October and November until they climb back in December.
Mississippi’s coastal casinos generate the most revenue per month
The Mississippi Gaming Commission posts monthly adjusted gross gaming revenue (AGR) for the state’s three gaming regions – Central, Coastal and Northern.
Of the total $190.67 million, most of the money generated in September came from the Coastal region ($126.24 million).
Northern casinos tend to stay within the $35 million—$50 million range, while Central casinos usually generate between $20 and $30 million per month.
September was no exception, as the Central region reported $24.95 million, and Northern casinos brought in $39.48 million.
Each region showed an annual decrease and a monthly drop in revenue generated.
Even though retail casinos have been legal in the Magnolia State since 2018, players can only place online bets at the online sportsbooks allowed in the state. Mississippi is still among the 43 states that didn’t legalize online casinos.
Categoría:Reports
Tags: Sin tags
País: United States
Región: North America
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