A new report from the Mississippi Gaming Commission indicated the state’s sports books posted their best month since legalized sports betting began in August. In November, Mississippi took in $44.5 million in handle, compared to $32.8 million in October.
More than half of the bets placed in November–$27.9 million–were on football; $8.1 million was bet on basketball; $7.3 million on parlay cards; and $1.4 million on “other” sporting events.
The state will receive $1.67 million in taxable sports betting revenue, up from $1.18 million in November, but a major drop from September, when the state had a 17.3 percent hold and brought in $5.5 million in taxable revenue. Analysts believe September was an aberration, and said holds are likely to be in the 5-7 percent range going forward.
Gulf Coast sports books led the state, with a handle of $27.7 million in November. Tunica and the surrounding northern region posted $10.4 million and the central region posted $6.4 million.
Sports bets only may be placed in person in the state. Bettors can use a mobile app within a specific sportsbook or casino. In New Jersey, 28 percent of handle–$238.6 million—came from in-person bets.
