City gaming taxes fall along with winnings

Published 12:10 pm Wednesday, May 19, 2010

Gaming taxes paid by Vicksburg’s five casinos to the city, county and local school district fell by 6.6 percent in April compared to last year, in step with lower winnings reported by Mississippi’s 30 state-licensed casinos last month.

Proceeds from the 3.2 percent revenue tax collected from local casinos — of which the city gets 65 percent, Warren County 25 percent and the school district 10 percent — were roughly $591,000 in April, compared to $633,000 in the April report a year ago.

A second revenue tax — an 0.8 percent share of the state’s 8.8 percent revenue tax — netted about $148,000 for the city and county, which splits the funds nearly evenly based on populations. Last April the tax netted about $10,000 more than this year.

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Statewide, the Mississippi Gaming Commission reported gamblers lost $199.1 million in April, a 2.9 percent decrease from a year ago and a 6.3 percent dip from March 2010.

Casinos along the Gulf Coast won $93.3 million in April, up slightly from $92.6 million in April 2009. The Mississippi River casinos — including Vicksburg, Tunica and Natchez — took in $105.8 million, down 6.5 percent from April 2009.

The figures do not include the two Indian reservation casinos in the state, which are not required to report winnings.