The City of Biloxi says their fiscal year numbers are in. The casinos there, with $100 million months in April and July, have posted a record-breaking year, with $1.02 billion in gross gaming revenue.
Gross-gaming revenue is the amount of money that casinos in Biloxi pay taxes on.
Biloxi’s eight casinos generated $1.02 billion in FY 2021, which runs from Oct. 1, 2020 to Sept. 30, 2021.
It was the largest figure in the 29-year history of legalized gaming in Biloxi. The previous record was $1.006 billion in FY 2007.
So where does the revenue go? The State of Mississippi gets $81.6 million. The City of Biloxi receives $22.9 million. The County of Harrison gets $9.52 million. Biloxi Public Schools are set to receive $6.53 million. And the county schools will be paid $3.26 million.
