Projections that the addition of a casino in Natchez, Mississippi, would grow the market have proven true, according to the latest revenue figures provided by the Mississippi Department of Revenue.
A year after Magnolia Bluffs Casino opened its doors, to compete with the only other casino in Natchez, the Isle of Capri Casino, officials note that gambling revenues have grown by 64 percent.
The Natchez city Clerk’s office records indicate that between November, 2012, and November, 2013, gaming revenues grew from $27.2 million of the comparable period to $44.6 million. The Magnolia Bluffs Casino opened on Dec. 18, 2012.
Now, say city officials, the question remains whether the two casinos can continue the revenue growth over time.
Ray Poirier is the longtime executive editor at GamingToday.
Contact Ray at [email protected].