Mississippi’s sports betting handle rises December | Focus Gaming News

The state's coastal casinos were responsible for most of the handle.

The state’s coastal casinos were responsible for most of the handle.

Although Mississippi’s sports betting handle rose 1.6 per cent from November to December 2020, revenues fell.

US.- Mississippi’s sports betting handle showed a slight increase month-on-month in December according to the state’s regulator.

The Mississippi Gambling Commission reported a handle of $55.3m, up 1.6 per cent from November’s $54.4m and up 12.7 per cent from $49m in December 2019.

But despite a higher handle, revenues dropped 4.3 per cent month-on-month, from $8.1m in November to $7.76m in December 2020.

The state’s coastal casinos were the biggest drivers of sports betting, accounting for $37.6m of the total handle and $4.9m of revenue.

At present, sports betting is only permitted in person at one of the state’s casinos, although state lawmakers are currently considering a bill that would allow online wagering.

Republican State Senator Scott DeLano’s Senate Bill 2396 would allow land-based operators to launch online sportsbooks. The bill is currently with the Senate Committee on Gaming.

Meanwhile a casino project proposed by Ray Wooldridge, the former owner of the New Orleans Hornets NBA team, was rejected by the Mississippi Supreme Court.

In this article:

sports betting

Latest posts