- Sports betting fans in Mississippi put together $ 67.7 million.
- This is the highest monthly sports betting handle since launch.
- Mississippi has not yet launched any fully mobile sports betting.
JACKSON, miss. – The The Mississippi sports betting market continued to show strong growthand added up to a record breaking January.
The growth came not only from competition, but also from a slump in revenue. Mississippi is a proven hotbed for golf sports betting fans.
The magnolia state did it see strong month-to-month growth in 2020 and now in 2021, while there is still no real mobile regulated betting market.
Record start to the new year
Sports betting fans in Mississippi bet a total of $ 67,707,627.70 in January. That is a Betting segment increased 22.4% from $ 55.299 million bet in December.
The one from the Mississippi Gaming Commission shows that most of the betting activity came from Coastal Casinos. With Biloxi being the largest gambling city in Mississippi, it’s understandable that $ 46,325,137.94 came from coastal casinos.
The central region of the casinos saw $ 12,014,887.32 was put in and the Northern Region raised $ 67,707,627.70.
In terms of sports betting income, the In Magnolia State, $ 9,367,602.44 was raised from local sports betting and $ 1,335,072.65 that is collected by the state through state tax.
Sales increased by 17.4% compared to the previous month and 96.5% over the previous year. Sports betting activity is also up 49.8% from January 2020.
Mississippi’s success is an interesting case like the state one of the largest markets but has not regulated any regulated really mobile or online sports betting.
But there is some form of mobile sports betting These operations are only available in retail casinos and on the ground floor of the hotels.
Off-location mobile betting would boom Magnolia State even more if However, Mississippi has continued to fail to open its own regulated cellular market.
The success is still admirable, however, as Mississippi benefits from neighboring states that are not yet launching legal sports betting. Sports betting fans out Florida, Alabama, Georgia and Louisiana Keep traveling to the Magnolia to bet on sports.
However, the steady stream of traveling weather may not be sustainable. Louisiana has already regulated sports betting even though it hasn’t started yetPotential legal sports betting is in the works in Florida, Georgia, and Alabama.
Should these markets start their own regulated businesses, Mississippi could lose its stronghold in the Gulf region.
News tags: Biloxi | Jackson | Mississippi | Mississippi Gaming Commission | MLB | NBA | NFL | NHL | revenue
Giovanni has a background in narrative writing and strives to write stories that will keep the reader engaged. While he prides himself on being specific, how the story is told is also very important to him. When he’s not keeping readers up-to-date on sports betting laws and laws, he can write and record music, play video games, or have heated sports debates with friends.