Sports betting revenue in Mississippi increased year-on-year in January despite the Magnolia State reporting a decline in handle.
Monthly revenue amounted to $6.7m (£5.3m/€6.2m) in Mississippi. This was 31.4% ahead of $5.1m in January 2023 and also 36.7% up from $4.9m in December.
These increases came despite players spending less on betting, with total handle for January at $44.6m.
January’s total handle was 22.0% behind $57.2m in the same month last year. It was also some 8.8% less than the $48.9m bet in December 2023.
Life’s a beach: Mississippi coastal casino revenue hits $4.0m
As has been the case for some time, Mississippi coastal casinos were again the most popular with bettors.
Some $29.1m was bet with retail sportsbooks at costal casinos, with revenue hitting $4.0m. Of revenue at these venues, the majority ($1.6m) came from American football betting, with $12.0m wagered on the sport.
Elsewhere, revenue from central casinos reached $1.5m from a handle of $9.1m. Parlay ..