Mississippi's Coastal Casinos See Yearly Record Revenue

24 january 2022
Author: James Burton
Source: www.yogonet.com
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Some good news for the Mississippi casinos has recently surfaced, as it became public that the last year was the most profitable in their history. The revenue that was brought to the establishments by their services has surpassed the numbers of previous years. Therefore, it can be concluded that 2021 was extremely lucrative for offline casinos.

Mississippi's coastal casinos see yearly record revenue

How Much Revenue Did Casinos Bring In?

The number of total earnings done by the gambling spaces in Mississippi stands at 2.7 billion USD. Out of these, coastal entertainment spots brought over half of a total number, as their income equalled approximately 1.6 billion USD.

In comparison to the records from 2 years ago, when the general revenue of in-person gaming spaces was 1.3 billion USD, the situation has significantly improved.

COVID-19 Issues

Due to the pandemic complications in 2020, the Mississippi clubs failed to gather as much as they had hoped for. Because of the lockdowns and regulations, all the gaming spots had to be shut down for 2 months or longer.

The summary of 2020 has shown that all of the casinos on this state’s territory brought in a joint revenue of 1.8 billion USD. This number was the lowest since the mid-1990s, which indicated a temporary crisis for the local gambling industry.

New Developments

Mississippi continues to cater to the local gamblers by implementing various solutions. In November of the previous year, mobile wagering was officially launched in the local casino with the BetMGM sportsbook. This indicated a new era for players who prefer betting on portative devices.

Source: www.yogonet.com
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