Mississippi Casinos Set Gross Gaming Revenue Record in 2019
Mississippi’s gross gaming revenue for 2019 produced record-breaking numbers, bringing in more than $2.2 billion in combined gross gaming revenue.
Combined, Mississippi casinos took in $74 million more in gross gaming revenue in 2019 than they did in 2018. The Mississippi Gaming Commission breaks down the yearly casino revenue report into three different regions: central, coastal and northern. Two of the three regions saw an increase in revenue, producing record figures.
Mississippi’s 2019 Casino Revenue
To no surprise, the coastal casinos were the most popular in 2019. In 2018, the coastal region brought in $1.24 billion in gross gaming revenue. Last year, the coastal region garnered a revenue of $1.31 billion, an increase of nearly $74 million.
According to a report from NBC affiliate WLBT of South Mississippi, the $1.3 billion garnered in 2019 casino revenue set an all-time record. It was the first time since 2007 that coastal casinos opened the money they made over a calendar year at slot machines, table games and sportsbooks that topped $1.3 billion.
The lowest grossing month for coastal gambling halls in 2019 was November, producing $94.48 million. March was the highest grossing month for the coastal market with a whopping $123.82 million.
The northern was the second highest grossing region, though the market saw a decrease in gross gaming revenue compared to the previous year. In 2019, the northern region produced a revenue of $582.54 million, a decrease of just over $10 million compared to the $592.74 million garnered in 2018.
The central region saw an increase compared to the figures in 2018. In 2019, the central region garnered a casino revenue of $304.17 million, an increase nearly $11 million over the $293.23 million produced the previous year.
Like the coastal market, March was also the highest grossing month in 2019 for gross gaming revenue in the central and northern regions; central took in $33.10 million and the northern region garnered $54.88 million in gross gaming revenue in March.
The three regions combined for a gross gaming revenue of $2.201 billion in 2019, toppling the $2.127 billion produced in 2018.
Mississippi Sports Betting Revenue for December 2019
November was a good month for Mississippi sportsbooks, but the following month produced a mixed bag for the three regions.
For December, Mississippi sportsbooks took in $49.076 million in handle, down from the $56.369 million wagered in November. In Mississippi, the end of the SEC football regular season likely accounted for some of this post-November dip.
Central region’s sportsbooks in December had an increase of nearly $755,000 compared to the previous month, with taxable revenues of $1.15 million in December and $398,179 in November.
In December 2019, the coastal region garnered the highest taxable revenue of the three with $1.62 million, a decrease compared to November’s revenue of $2.44 million. Mississippi’s sportsbooks in the Northern region garnered $696,638 in December 2019, a slight decrease compared to the sports betting revenue in November of $939,951.
The three Mississippi regions combined for a taxable revenue of $3.47 million in December, a decrease from the $3.78 million in combined sports betting revenue in November.
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