Mississippi reports $24.9m April sports betting handle
The state generated more than $3.7m in taxable revenue last month.
Key Points
- Basketball was the sport of choice in the Coastal region
- The Northern and Central regions bet more on parlay cards than any other category
The Mississippi Gaming Commission has released its sports wagering results for the month of April.
The state’s sports betting handle reached $24.9m last month. Coastal region players placed the largest number of wagers in contribution to last month’s overall state handle, representing more than half of the total. 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 $15.6m, while players in the Central and Northern regions wagered $6m and $3.3m respectively.
Players in the Coastal region bet more on basketball in April than on any other sport. Wagers placed on basketball were $7.7m statewide during the month, more than a third of the state’s total sports wagering handle.
For the Northern and Central regions, parlay cards produced the largest wagers in April, with totals reaching $1.3m and $3.2 respectively.
The state reported that it generated nearly $3.7m in taxable revenue in the month of April.
Good to know: Retail sports betting has been legal in Mississippi for several years
In other state news, the Mississippi House Ways and Means Committee has advanced a bill that would increase taxes on casinos, according to a Mississippi Today local news report.
If passed, casino taxes would increase from 12% to 16%.
Ways and Means Chairman Trey Lamar said his bill is designed to “recoup the tens of millions of dollars a year Mississippi is ‘losing’ from not legalizing online betting,” the local report said.
Lamar commented, “If everybody’s honest with themselves, online sports betting is already going on,” referring to illegal online gambling.
Tags/Keywords
Players trust our reporting due to our commitment to unbiased and professional evaluations of the iGaming sector. We track hundreds of platforms and industry updates daily to ensure our news feed and leaderboards reflect the most recent market shifts. With nearly two decades of experience within iGaming, our team provides a wealth of expert knowledge. This long-standing expertise enables us to deliver thorough, reliable news and guidance to our readers.
Latest News
