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Mississippi sports betting handle hits all-time high of $83.5m in October

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Mississippi consumers wagered a record $83.5m on sports in October, while the state’s revenue reached its highest total since October 2019.

Revenue for the month amounted to $9.1m, up 3.4% from $8.8m in October 2020 and 3.4% higher than September this year, when revenue also reached $8.8m.

The state’s handle was 36.4% higher than $61.2m in October last year and the highest ever total since Mississippi launched legal sports betting in August 2018, smashing the previous record of $67.7m set in January this year.

The start of the new National Football League season meant football was the most popular sports among consumers in Mississippi, drawing $45.8m in total bets and generating $4.3m in revenue.

Coastal casinos were the main destination for sports betting, generating $6.3m in revenue from $55.1m in bets.

Northern casinos reported $1.6m in revenue off $15.5m in bets, while revenue at coastal casinos amounted to $1.3m from $12.9m in wagers.