Mississippi sports betting revenue down 28.7% in October
| By Robert Fletcher
The Mississippi Gaming Commission has reported a 28.7% year-on-year decline in sports wagering revenue in October, despite the state’s handle increasing by 27.5%.
Revenue for the month amounted to $8.8m (£6.6m/€7.4m), down from $12.3m in October 2019, but 33.3% higher than $6.6m in September of this year.
Consumer spending was up from $48.0m in October last year to $61.2m, with this total also 17.2% higher than the $52.2m staked during September.
Coastal casinos were again by far the main source of sports betting income for the state, with revenue from these properties amounting to $5.3m.
Players spent $41.2m on bets at coastal casinos, including $25.4m on football, $5.8m on baseball and $1.6m on basketball. Some $4.9m was also spent on other sports and $3.5m on parlay bets.