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Gaming revenues hit all-time high.

Publication: Mississippi Business Journal
Publication Date: 28-JAN-08 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
After Hurricane Katrina came ashore in 2005 and blasted the Mississippi Gulf Coast, the state adopted a plan to get the area's casinos back up and running. The employment and tourism dollars would help offset the widespread loss of jobs and help fuel rebirth of the economy, proponents argued.

While that plan has its detractors, one fact is undeniable--casinos, and not just those on the Gulf Coast, have bounced back in a real way. In fact, 2007 was a record-setting year for the state's industry in terms of gaming revenues.

According to the Mississippi State Tax Commission (MSTC), casino gross gaming revenues last year were approximately $2.89 billion. That surpassed the old record set in 2004 of approximately $2.78 billion, and was more...

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