Finance

Mississippi betting revenues down 42% to $1.2m for May

Baseball handle accounts for 47% of overall bets taken throughout the month with basketball a close second at 33%

Mississippi sports betting revenues in May came in at $1.2m, down around 42% compared to $2m in April, in line with seasonal expectations.

Overall handle reached $17.4m, with baseball making up 47% of all bets taken across the state’s five land-based casinos.

Basketball accounted for 33% of bets placed, while parlay wagers made up 13%.

Football handle was $204 as bets are only taken at Mississippi’s coastal venues.

Sports betting, including via mobile, went live in Mississippi’s five land-based casinos in July 2018, with operators paying a 12% tax on betting revenues to the state.

Churchill Downs is accepting bets at two Mississippi casinos via its BetAmerica brand betting terminals.

New Jersey and Pennsylvania reported betting revenues of $15.5m and $2.9m throughout May.

Click HERE to see all historical data for the Mississippi sports betting market.

Baseball | Basketball | Finance | Football | Missisippi

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