MS sportsbook revenue declines despite increased handle
| By Daniel O'Boyle
Mississippi casinos made $3.5m (£2.7m/€3.2m) in revenue from sports betting in December, its lowest figure since August and down 43.7% year-on-year, despite handle rising 17.5% to $49.1m.
Mississippi casinos made $3.5m (£2.7m/€3.2m) in revenue from sports betting in December, its lowest figure since August and down 43.7% year-on-year, despite handle rising 17.5% to $49.1m.
The state’s coastal casinos were again the most popular venues to bet on sports, with a handle of $30.5m, up 11.7%. However, while the region was first in revenue with $1.6m, this figure represented a 56.7% decline from 2018.
While casinos in central Mississippi saw a handle of only $6.1m, a 13.1% year-on-year increase but the least of the state’s three regions, it was second in revenue with $1.2m, up 27.2% year-on-year.
Players staked $12.5m at Northern Mississippi casinos, 38.0% more than 2018. However, handle declined 52.9% to $696,638.