Home » Sports Betting Handle in Mississippi Has Grown Tremendously in the Last One Year
Sports Betting

Sports Betting Handle in Mississippi Has Grown Tremendously in the Last One Year

There has been an increase 19.2% year-on-year to $37.9m in Sports gambling revenue in Mississippi. The state took in $5.6m in revenue from sports bets. To a great extent, the annual growth came from casinos in the state’s central area. The state’s Gaming Commission revealed that revenue from the region amounted to $780,798 up 65.9% year-on-year, as bookmakers in the region recorded a 15.29% win percentage.
The coastal region recorded a 14.7% increase from the previous year; however, the region’s percentage win declined from 17.7% to 13.9%, causing coastal region revenue to drop from 10.2% to $3.5m. The northern part of the state handled $7.4m in sports wagers, up 9.6% from 2018. The percentage win in the region came to 18.1%, ensuring revenue rose from 19% to $1.3m.

The return of the NFL in September 5th made football the most popular sport for wagers in the state. Revenue from football amounted to 50.9% of Mississippi’s monthly total. The sport’s popularity was consistent from region to region. Northern region handle recorded 69.2%, coastal region 66.8%, and central region handle70.1%.

Parlay cards, which were the most effective form of betting for Mississippi bookmakers, brought in $2.2m in revenue on $6.5m worth of bets. Revenue from parlays rose by 387.3% to $187,373. Bookmakers in the coastal region took in $1.3m on parlay cards in $4.6m worth of bets. Clients in the state ventured $5m on baseball, $155,273on basketball handle, while revenue from the sport added up to $29,055.

Source: https://www.igamingbusiness.com/news/mississippi-sports-betting-handle-skyrockets-september

About the author

Isaac Munga

Isaac Munga

I am a person with sound background in imparting knowledge. I enjoy the challenges of a busy and demanding work environment, self motivated and work under minimum supervision. I always seek the position of responsibility, professional development and growth opportunity.

Uphold the ethics of my profession by distinguishing myself with absolute integrity and striving to work within the confines of my employer’s policies and procedures. I use my education and experience to work towards improving human clause.

Add Comment

Click here to post a comment

The following GDPR rules must be read and accepted:
This form collects your name, email and content so that we can keep track of the comments placed on the website. For more info check our privacy policy where you will get more info on where, how and why we store your data.