Mississippi Casinos' Revenues Increase 2.8% Year-on-Year, New Casino Granted Approval from Regulator

Mississippi casinos generated $215.5 million in revenue in August, up 2.8% from $209.6 million in August 2024. 

Of the total, slots generated $177.2 million, up 0.8% year-on-year, and table games revenue reached $31 million, up 12.8% from the $27.5 million generated in 2024. 

In other news, Mississippi will be losing one of its casinos in its Coastal region, as Sam’s Town Casino Tunica has announced it will be closing its doors on November 10, after 30 years in operation, reducing the number of casinos operating in Tunica to five. 

However, the region may be gaining a new casino and hotel, as Biloxi Casino recently received site approval from the Mississippi Gaming Commission (MGC).

Losses in Regions, Gains in State

The latest report from the Mississippi Gaming Commission, which reports revenue by region, shows that two of the three areas saw year-on-year losses overall. However, the Coastal region’s increase meant the state experienced a year-on-year increase overall. 

Revenue for the Coastal region reached $142.3 million in August, an increase of 6.1% from the $134.2 million generated in August 2024. Of the total, slots generated $115.8 million, up 2.2% from 2024, and table games experienced an increase of 28.7%, with profits rising from $17.9 million to $23.1 million. 

The Northern region was the biggest loser, with revenue decreasing by 3%, from $47.6 million to $46.1 million. Table games experienced a 15.8% drop, with revenue falling from just over $7 million to $5.9 million, while slots remained stable with a minor decrease of 0.3% from $37.9 million to $37.8 million. 

In addition, the Central region also experienced a loss of 2.9%, and also generated the lowest revenue in the state, with profits totaling $27.1 million, down from $27.9 million the year prior. 

Slots in the region fell by 3.7%, from $24.5 million to $23.6 million, and table games saw double-digit year-on-year losses of 20.5% falling from $2.6 million to just over $2 million. 

Biloxi Casino Wins MGC’s Approval

Biloxi Capital was granted approval for its plans to build a casino hotel on the site of the Tivoli hotel, which was destroyed by Hurricane Katrina in 2005. 

Purchased by Biloxi Capital in 2007, real estate developer Daniel Conwill has a $700 million plan for the 32-acre property, which includes a 100,000-square-foot casino floor with 2,000 slot machines, 75 table games, and a sports book. The resort will feature 1,3000 guest rooms, bars, restaurants, and a convention space. 

The next steps for planning include demonstrating financing, and members of the development team will face suitability reviews while beginning the licensing process. 

If all goes to plan, Conwill hopes to open a second casino along the coast, which would include 900 slots, 35 tables, and a sportsbook, and would be built as a replica of the Tullis-Toledano Manor, which was also lost to Hurricane Katrina.