Mississippi sports betting revenues double

Coastal casinos were the main source of income.
Coastal casinos were the main source of income.

The state of Mississippi’s sports betting revenue increased by more than 113 per cent year-on-year in November despite a lower handle.

US.- For the month of November, Mississippi’s sports betting revenues more than doubled compared with the same month last year.

Total sports betting revenues came to $8.1m, a 113.2 per cent increase from the $3.8m generated in November 2019. The number was behind the record-breaking figures for October 2020, when total revenue reached $8.8m.

Coastal casinos were the main source of revenue, generating $4.4m.

Despite the year-on-year increase in revenue, November’s $54.4m handle was 3.4 per cent down on the $56.4m handle reported in the same month in 2019.

Football, both college and NFL, was the most bet on sport last month, with a total of $39.5m wagered on games. 

Meanwhile, the Mississippi Supreme Court has rejected a casino proposal this week from Ray Wooldridge, the former owner of the New Orleans Hornets NBA team.

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