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Mississippi sports betting market shrinks in October

| By Robert Fletcher
The Mississippi Gaming Commission has posted a year-on-year drop in sports betting handle and revenue for October, while the Magnolia State also reported a month-on-month decline.

Betting handle in Mississippi amounted to $49.5m in October. This was 11.9% lower than the $56.2m posted in October 2022 and also 4.1% behind $51.6m in September this year.

In terms of revenue, this reached $7.3m during October. The Commission said this was down 5.2% from $7.7m last year and 9.9% behind September’s $8.1m.

Mississippi players head to the coast

Coastal casinos remained the most popular venues to place sports bets in Mississippi during October. These casinos took the most wagers and also generated the highest amount of revenue in the month.

Players spent a total of $33.8m at coastal casinos in October, with the venues turning $4.5m in revenue for the month.

Elsewhere, central casinos processed $9.7m in sports bets and reported $2.1m in wagering revenue. A further $6.0m was bet at northern casinos, with revenue from these sites hitting $784,385 in October.

NFL kick-off boosts football betting in October

As was the case in September, football drew the most bets from players. This came after the launch of the 2023 NFL season at the start of September. In total, consumers spent $27.2m on football in October.

Mississippi coastal casinos took $19.7m in football bets during October. Central casinos processed $4.1m in football wagers and northern casinos $3.5m.

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