Biloxi
Doing Better than Reported
As reported by the Biloxi Sun
Herald: "Larry Gregory, the executive director
of the Mississippi Gaming Commission, said the
three casinos that have reopened in Biloxi since
Hurricane Katrina actually made about $62 million
during January - $11 million more than the amount
reported by the city of Biloxi on its Web site.
"…The
gross gambling revenue earned by the three casinos
is about 69 percent of what the nine casinos
operating in the city last January made. The
nine casinos posted gross revenues of about
$90 million in January 2005, Gregory said.
"The
three casinos that are back open - the IP, the
Isle of Capri and the Palace - made $23 million
last January, Gregory said. Collectively, they
have about 3,600 slot machines compared to about
4,000 a year ago and 118 table games compared
to 100 a year ago…"
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