State casino industry rebounding

Last month’s numbers show that casino revenue rebounded in November after a dismal October with Gulf Coast casinos posting strong gains and gambling halls along the Mississippi River showing smaller declines.
State Revenue Department figures released this month show that gamblers lost $161 million statewide in November, up almost four percent from November 2016’s $155 million.
Receipts rose eight percent to $95 million at the 12 coastal casinos.
Statewide revenue is down 2.5 percent so far in 2017 with Coast casinos flat and river casinos losing about five percent. Casinos in that region have seen years of declines while those on the Coast have seen three years of gains.