Mississippi sports betting revenue climbs again in August
The Mississippi Gaming Commission has reported a 27.6% year-on-year rise in sports wagering revenue in August, as the US state’s handle more than doubled.
Revenue in August amounted to $3.7m, up from $2.9m in the same month last year, while the figure also represented a 184.6% month-on-month improvement on $1.3m in revenue posted in July this year.
Player spending also jumped 103.5% year-on-year to $40.5m, and a month-on-month rise of 412.7% compared to $7.9m in July, suggesting that the market is continuing its recovery from the shutdown of the state’s casinos caused by the novel coronavirus (Covid-19).
Growth came amid the return of several major league sports leagues, including Major League Baseball, which started its season in late July, while the National Basketball Association resumed its campaign on July 30.