Thirty years after the first casino opened in Mississippi, generating $1 million in annual gaming revenue, that amount has grown nearly 2,200-fold.
The total amount was 33 billion dollars (about 3,000 billion yen).Director of the State Gaming and Hospitality Association, Larry Gregory, made the announcement Wednesday at a meeting of the Vicksburg-Warren Chamber of Commerce.
ヴィックスバーグ・ポスト紙が報じたところによれば、「これは巨大なことだ」とグレゴリーは語った。グレゴリーは、ゲーミング総収入が合計25億ドルで、8億ドルがノンゲーミングであることを明らかにした。"ホテルや食事など、この業界が州全体に提供する他のすべてのものが同じくらい重要である "と彼は呼んだ。
In 2021, the last year covered by available statistics, only three states exceeded $30 billion in gaming revenue: New Jersey ($3 billion), Pennsylvania ($47 billion), Nevada ($48 billion).
Mississippi turned out to be just under $27 billion that year, ahead of New York and Indiana. In 2022, Indiana made $24 billion and New York $16 billion.
Mississippi has 26 casinos, employing 13,700 people.
Earnings in Mississippi
Modern gaming in Mississippi began in 1992 when the Isle of Capri Biloxi opened its first casino on the historic former Diamond Lady Riverboat, and the year before in Iowa. was also started.
The state of Mississippi followed Nevada's example of gaming with a favorable tax rate: 8% for the state General Fund and 4% for the local area.The Nevada connection may have gone a little too far.
"When gambling was legalized, it was very difficult for people to accept gambling," Gregory said. “At the time, it was just thought that organized crime would happen,” he said.
Since then, the Mississippi gaming industry has proven itself to be a respectable corporate citizen, Gregory said. "We are doing well in our community, and we are proud of it," he says.
And that tax rate remains the same as it was in 1993: 8% state and 4% local, Gregory said.
biggest setback
In 2005, after Hurricane Katrina hit the Gulf Coast, Mr. Gregory told a Chamber of Commerce meeting, "We thought we could never go back."
When then-Governor Haley Barber got casino operators to talk about returning to the Gulf Coast after the hurricane, Gregory replied, "Yes, we promise, we'll be back. But it's the same situation on the water." But we can't go back to the same situation on the water, so we have to change the law."
So the state changed gambling laws to allow land-based casinos.
"I think that's what saved the Coast," says Gregory. "Everything came back bigger and better."
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