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MS sports betting handle falls again in May

News

Mississippi’s sports wagering handle declined month-on-month again in May, though the state was able to report a year-on-year rise in revenue.

Player spending amounted to $26.8m, which was 8.2% lower than $29.2m in May 2022 and also 15.7% behind the $31.8m spent in April of this year.

Revenue for the month reached $3.2m, a 52.4% jump from $2.1m last year but 25.6% less than $4.3m in April.

Coastal casinos were again the venue of choice for bettors, with a total of $16.8m wagered and $1.3m generated in revenue.

Central casinos drew $7.2m in bets and turned a $1.2m revenue, while northern casinos took $2.8m in wagers and posted $623,433 in revenue.

Consumers again favored betting on basketball, with $10.2m wagered on events during the month. Of this total, $6.3m was bet at coastal casinos.