Mississippi reports $42.5m January sports betting handle
The state generated more than $5m in taxable revenue last month.
Key Points
- Football was the sport of choice in the Coastal region
- Northern and central Mississippi players bet the most on parlay cards
The Mississippi Gaming Commission has released its sports wagering results for the month of January.
The state’s sports betting handle reached $42.5m last month, down by close to $12m when compared to results posted in December.
Coastal region players placed the largest total wagers in contribution to last month’s overall state handle. The Central region grabbed the second-place spot last month.
In a breakdown of the state’s total sports betting handle from last month, those living in the Coastal region bet nearly $29.3m, while players in the Central and Northern regions wagered $8m and $5.2m respectively.
Players in the Northern Mississippi region placed more bets on sports parlay cards than in any other category last month, with total wagers reaching nearly $1.9m.
Parlay was the bet of choice for the state’s central region as well. Players in Central Mississippi bet almost $4m on parlay cards and $2m on football last month.
However, Coastal region players wagered the largest amount on football during the month, nearly half of the total handle. Football bets throughout the Coastal region reached almost $15.7m in January, while bettors wagered close to $3.3m on sports parlay cards.
The state reported that it generated nearly $5m in taxable revenue during the month of January. During December, Mississippi lost close to $1m in taxable revenue.
Good to know: Retail sports betting has been legal in Mississippi for several years
In other state news, the Mississippi House recently passed legislation in favor of legal mobile sports betting, according to a Mississippi Today local news report.
This is the second consecutive year the House has approved legal mobile sports wagering legislation. The House passed the current proposal, a new version of the Mississippi Mobile Sports Wagering Act, by a vote of 88-10 after it was approved by the House Gaming Committee.
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