Mississippi sports betting handle skyrockets in September
Sports wagering revenue in Mississippi almost doubled month-on-month, and increased 19.2% year-on-year to $37.9m while the state took in $5.6m in revenue from sports bets.
Much of the year-on-year growth came from casinos in the state’s central region. Although amounts wagered were the lowest of Mississippi’s three regions, handle increased to $5.1m, up 75.6% from September 2018.
Revenue from the region totaled $780,798, up 65.9% year-on-year, as bookmakers in the region recorded a 15.29% win percentage, the state’s Gaming Commission revealed.
The coastal region remained the largest source of activity, with stakes of $25.4m representing a 14.7% increase from the prior year. However, the region’s win percentage declined from 17.7% to 13.9%, causing coastal region revenue to decline 10.2% to $3.5m.