Mississippi State Department of Revenues recorded an incredible rise in casino revenues as gambling at the Gulf Coast halls continues to generate profit. A report released a few days back shows $24 million in returns for the casino industry, starting April 2014 and ending January 2015.
Figures showed an $82.2 million growth generated by 17 river casinos. This signifies a total of 4.4% rise since last year. Mississippi’s revenue is currently estimated at $177 million compared to $164 million reported in 2014.
Gambling operators have fallen under scrutiny from the labor activist group Forefront of Macao Gaming. The group accused them of over-controlling the dealers. The FMG complains that workers have been dealt an increased number of “warning letters” for small mistakes.
With a state increase in winnings of 8%, it seems this is an unlucky period for players. Competition is on the rise. Taking advantage of this new trend, Mississippi operators are planning the construction of 72 new rooms for a casino tower. This will expand the building to 96 rooms by mid-July.
However, the numbers presented by the State Department of Revenues are incomplete, seeing as they do not include Native American casinos profits.