Column: Mississippi Choctaws report boost in gaming revenues

Tuesday, September 6, 2011  

"With all the gloom and doom surrounding the gaming business, (unless you own a Macau casino) Pearl River Resort continues to buck the bad economy with some strong projections for 2012. Here is a thumbnail summary of what the Mississippi Band of Choctaws forecast for the coming year, according to GENERAL PAUL HARVEY, president and CEO of the Resort in southeast central Mississippi.

The Tribe is bullish and anticipates a 20 percent increase in earnings from gaming operations with net profits increasing from a projected $83.3 million to $100.4 million next fiscal year. A major component of the increase was from the success of the new Bok Homa Casino in Jones County near Hattiesburg, MS. These numbers may surprise some observers but not the Choctaws led by MIKO BEASLEY DENSON whose administration has overseen steady financial growth in the increase of net profits over the past three years.

The 10,000 plus owners, the men, women and children of the Band, are happy. Distribution of earnings to Choctaw tribal members is expected to increase in the next fiscal year from $46 million to $55 MILLION."

Get the Story:
Heard it on the River: Pearl River continues to thrive (Casino City Times 9/6)