Mississippi sports betting handle climbs in September
On top of increased wagers, revenues for September more than doubled month-on-month.
US.- The Mississippi Gaming Commission has reported that September saw a 29 per cent month-on-month increase in the state’s sports betting handle.
At $52.2m, the handle also represented a year-on-year increase of 17.9 per cent despite Covid-19 related capacity restrictions on casinos.
On top of increased wagering activity, revenues for the month rose by 76 per cent to $6.6m, compared to August’s $3.7m.
Mississippi’s famous coastal casinos continued to be the largest source of income for the state, generating a total revenue of $3.8m.
The growth in sports betting was driven by the return of major sports leagues, including the National Football League which began in early September.
With the NFL in full swing, football was the sport that was most bet on, accounting for $22.3m of wagers. Basketball followed with $11.3m in bets.
Mississippi regulation requires all sports bets to be made through one of the state’s commercial casinos. Casinos are currently operating at 50 per cent capacity due to coronavirus restrictions.
