Mississippi Sports Betting Revenue Rose January, February

Sports betting figures for January and February show increases over 2020 results, but declines from January to February. Coastal casinos put up the best numbers. Year to date, bettors wagered $115.5 million.

Mississippi Sports Betting Revenue Rose January, February

Mississippi more than doubled its sports betting revenue in January, based on figures released by the Mississippi Gaming Commission. Revenue of $4.6 million was 119 percent more than the same month in 2020. Handle also rose 38.6 percent.

Players bet $47.8 million on sports during February. While higher than the $37.6 million spent in the same month in 2020, the figure declined 29.4 percent compared to January, according to iGaming Business.

Coastal casinos raked in the most money, with revenue at $2.7 million and a handle of $34.7 million at retail sportsbooks. Basketball ranked tops with bettors wagering $21.5 million, resulting in $1.3 million in revenue. Thanks to the Super Bowl, February’s handle of $6 million produced revenue of more than $250,000.

Sports wagering revenue from central casinos exceeded $1.2 million, with a handle of $7.8 million, while northern casinos took in $683,125 in revenue after players wagered $5.4 million in February.

Year to date, sports betting revenue in Mississippi was $13.7 million, with players betting $115.5 million. All wagers took place in retail sportsbooks after a bill to allow mobile sports betting failed in February.