Hot news

Dublinbet

Dublinbet

DublinBet.com is an innovative and classy casino and card room. It offers classic online casino game favourites plus some of the best live dealer games on the net for January 2012.

Through the latest webcasting technology you can interact with dealers from the privacy of your home (or office!). The sounds and dealer action is live from the Fitzwilliam Card Club and Casino, in Dublin Ireland. DublinBet's Distance Gaming® is a 'must try even if you're not fussed for live dealer games - try the unique early payout

+ More info...

888

888

Do you find it hard to get to a live casino to play poker? Then simply come to 888poker, the best poker online room in Australia and experience the same thing with no hassle.888 Casino is one of the most famous casinos in cyberspace, thanks to some of the most eye-catching promotions in the industry and an ongoing commitment to innovation. Owned and operated by a subsidiary of 888 Holdings plc, which is listed on the London Stock Exchange, 888 Casino was launched in 1997 and more than 25 million people have played here since.

+ More info...

365 Casino

365 Casino

Enjoy a huge selection of casino games at 365 Casino with monthly bonuses and weekly promotions, Play Blackjack, Roulette, Baccarat, Slots, and Video Poker and win big at 365 casino. 24hrs a day, 365 days a year Safe & secure with excellent Customer Service.

+ More info...

Elegance Casino

Smart Live Casino

The unique thing about Smart Live Casino is its live casino games. It offers live baccarat, live roulette and live blackjack where the player sees the dealer and the action unfold infront of his own eyes. They have a fully array of games as well as sports betting. The site also comes in a variety of languages.

+ More info...

Mississippi casino revenue rises as sports betting begins

E-mail Print PDF
Mississippi casino revenue rises as sports betting begins

Overall casino revenue rose sharply in Mississippi in August with the start of sports betting in the state.

State revenue department figures released Thursday show gamblers lost $181 million statewide in August, up 8 percent from $168 million in August 2017.

Only $645,000 of the amount lost was on sports wagers, though, with $7.7 million in bets placed in the first month of sports wagering in Mississippi.

Casino executives and regulators hope the lure of sports betting will mean more money lost on other casino games and more gamblers staying in casino hotels and eating in restaurants. After September is over, Mississippi Gaming Commission Deputy Director Jay McDaniel said the commission plans analyze whether sports betting is creating increases in other revenue, and by how much.

The figures for September will be bigger, as football season gets into full swing. McDaniel said that through Sept. 19, bettors wagered $17.8 million, suggesting the total will be between $25 million and $30 million for the month. Over the long term, Jacobs said officials expect casinos to win 6 percent to 7 percent of what is wagered.

A May U.S. Supreme Court decision allowed states nationwide to join Nevada in legalizing sports betting. Delaware, Mississippi, New Jersey and West Virginia all now allow betting.

The state collects an 8 percent tax on revenue, including casino winnings from sports betting. That was good for about $52,000 in August. Local governments collect a 4 percent tax. State lawmakers recently earmarked revenue from sports betting to the Mississippi Department of Transportation. But tax revenue is unlikely to amount to more than a few million dollars a year.

Overall, revenue rose 10 percent to $108 million at the 12 coastal casinos, up 10 percent from August 2017. At the 16 river casinos, revenue rose $73 million, up 4 percent from last year.

The strong month tipped Mississippi's casino revenue into positive territory for the past 12 months, leaving the state with a gain of less than 1 percent.

Numbers exclude Choctaw Indian casinos, which don't report winnings to the state.

Read more http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNFx33i2Hhvak51oehSKwvXM65bRqg&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52780050882462&ei=Q76lW-ikIJaPhwGFhLFI&url=https://www.sunherald.com/news/business/casino-gambling/article218792995.html

You are here