Coast casinos have their best July in years

uly typically is one of the strongest months for Coast casinos and this July was another winner.

Gross casino revenue at the 12 properties across South Mississippi was $108.4 million, up $105.1 million, or 3 percent higher than a year ago, according to the Mississippi Department of Revenue.

That’s the best July since 2008 and follows a 6 percent increase in June. It’s also higher than the $101.7 million revenue in July 2005, the month before Hurricane Katrina.

Year-to-date revenue lagged in 2017, but two strong months brought the total to within $2 million of the total at this point last year.

July wasn’t a good month for Mississippi’s river casinos, which saw revenue fall to $84 million from $79 million a year ago, or a 5.5 percent decline. Total state casino revenue was $188 million, down $1 million or 0.7 percent from July 2016.

Casino revenues

in millions

Gross revenues July 2017 July 2016 % change
Coast $108.4 $105.1 + 3.1%
River $$79.5 $84.1 – 5.5%
State $187.9 $189.3 – 0.7%

Source: Mississippi Department of Revenue, Gaming Commission

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