Mississippi sports betting revenue slips to 12-month low in July
| By Robert Fletcher
Sports betting revenue in Mississippi for July amounted to $2.9m (£2.1m/€2.5m), the lowest monthly total since July last year, while the US state’s handle hit a 12-month low of $30.7m.
Revenue for the month was 123.1% higher than July last year, but 9.4% lower than $3.2m in June this year and also the fourth consecutive month of decline in the state.
The large year-on-year increase was primarily due to the return to a more traditional sports calendar, with events last year having been disrupted by the novel coronavirus (Covid-19) pandemic.
Coastal casinos accounted for $1.34m of total revenue for the month, marginally ahead of central casinos on $1.28m, while the remaining $272,324 came from northern casinos in the state.
In terms of handle, while this was 288.6% higher than $7.9m in July 2020, it was also 28.8% down from $43.1m in June this year and the lowest monthly total since July last year.