Biloxi’s casino market in March posted its best month of the six-month-old fiscal year, taking in $75 million from gamblers, according to figures released by the city’s Finance Division.
The number is $13 million off the March 2017 figure, but it is keeping pace with the more than $400 million in gross gaming revenue this time last fiscal year.
The city’s Finance Division has tracked gaming revenue, the city’s largest income stream, each month for 26 years, dating back to August 1992 when the first legal casino opened in Biloxi. The Finance Division tallies gross gaming revenue by calendar month, and the division also creates a report based on the state’s monthly gaming-revenue payment to the city, which does not follow a true month.
Here’s a breakdown on the gaming taxes paid by the Biloxi casino market since August 1992:
Total gross gaming revenue: $18.9 billion
Taxes paid on gross gaming revenue: $2.3 billion
To State of Mississippi: $1.51 billion
To City of Biloxi: $445.8 million
To Harrison County: $172.9 million
To Biloxi Public Schools: $121.4 million
To Harrison County schools: $60.7 million
See the taxing formula for gaming revenue
See where the money has gone, by month
See Biloxi market – by calendar month
See the history of gaming in Biloxi
