Finance

Mississippi sports betting revenue more than doubles in February

| By Robert Fletcher
The Mississippi Gaming Commission has reported a 119.1% year-on-year rise in sports betting revenue in January to $4.6m, while handle in the US state also increased by 38.6%.

Revenue for the month amounted to $4.6m (£3.3m/€3.9m), up from $2.1m in the corresponding month last year, but down 49.5% from $9.1m in January of this year.

Players wagered a total of $47.8m on sports during February, which was higher than the $37.6m spent in the same month in 2020, but 29.4% lower than in the amount bet in January.

Coastal casinos again proved the most popular with consumers, as revenue from these facilities reached $2.7m in February, with players spending $34.7m at their retail sportsbooks.

Basketball was the sport of choice for consumers at coastal casinos, with $21.5m spent and casinos turning $1.3m in revenue. Football also proved popular, partly due to the NFL’s Super Bowl in early February, with revenue reaching $251,941 off a handle of $6.0m.

Read the full story on iGB North America.

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