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Mississippi sports betting revenue more than doubles in November

News

Sports wagering revenue in Mississippi more than doubled year-on-year during November, despite a slight decline in the US state’s handle.

Revenue for the month amounted to $8.1m, which was 113.2% more than $3.8m in the same month in 2019, but 8.0% lower than $8.8m in October this year.

Player spending on sports betting slipped 3.0% year-on-year to $54.4m, while this figure was also 11.1% down from $61.2m in October.

Coastal casinos were again the main source of sports betting income during the month, with revenue at these locations amounting to $4.4m, more than half of total revenue for November.

Consumers in Mississippi spent $35.9m on sports betting at coastal casinos, including $26.2m on football, $1.3m on basketball and $23,047 on baseball. A further $4.7m was wagered on other sports and $3.6m on parlay betting.

Revenue from northern casinos reached $2.1m, with player spending a total of $10.4m on sports wagering, with football again the most popular sport to bet on, accounting for $8.6m of all bets during the month.

Central casino revenue amounted to $1.6m for the month, while handle for these facilities reached $8.2m. More than half of all bets at central casinos were placed on football ($4.8m), ahead of parlay betting at $2.8m.