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Home / News / Casinos / Mississippi’s casinos generate huge losses

Mississippi’s casinos generate huge losses

May 3, 2010 by Casino Jackpot Leave a Comment

The current economic crisis is the media center for several months now and casinos Americans are paying a high price. Casinos present in the state of Mississippi have caused a loss of almost 10 million dollars.

In March, the casino revenue is down in Mississippi for $ 8.3 million from a month February 2010. Turnover was 212.5 million dollars in March, compared to $ 220.8 million in February.

If we make the comparison with the month of March 2009, revenues reached 232.7 million dollars. A difference of more than 20 million! A decrease undeniably illustrates the problems suffered by American casinos. Note that the crisis has not affected the U.S., but it is still the most sensitive to this crisis which is anxiously awaiting the end.

However, the deputy director of the Mississippi Gaming Commission, Allen Godfrey said to have Numerous proposals to develop new structures and continually improve the casinos located in this state.

If Mississippi is not alone, quite the contrary since Louisiana has declared a 5% decrease the month from February to March 2010. Atlantic City and Las Vegas are not the bar because they generate losses for several months already.

In any case, in the field of gambling crisis has not affected all the world. This is the case of Macau exploding the record profits. The turnover has increased so rapidly that the government in question establishes restrictions on the growth of its casinos.

The casinos are in a bad way in the four corners of the globe. The only ones that expect a new twist are the French casino market since the opening of gambling will completely revolutionize the industry in question.

In American casinos, states are likely to revisit the laws prohibiting institutions gambling for a possible rise in turnover.

Filed Under: Casinos

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