Mississippi sports betting revenue reaches $3.9m in May
| By Robert Fletcher
Sports wagering revenue in Mississippi rocketed by 4,333.8% year-on-year to $3.9m (£2.8m/€3,.3m) in May, while the US state’s handle also jumped 15,175.0% to $36.1m.
Mississippi’s land-based casinos and sportsbooks were closed for almost all of May last year due to state-wide novel coronavirus (Covid-19) restrictions and did not resume operations until May 21.
As in-person sports betting is the only legal form of wagering in Mississippi, revenue in May 2020 only included activity from the final 10 days of the month when sportsbooks were able to reopen.
Retail sportsbooks were able to operate throughout May this year, explaining the significant year-on-year rise in revenue and handle.
However, on a month-on-month basis, revenue was 9.3% lower than the $4.3m recorded in April of this year.