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Sports Betting Revenue of Mississippi Decreases in April

Niji Narayan

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Sports Betting Revenue of Mississippi Decreases in April
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Sports betting revenue of Mississippi has decreased in April. Amounts wagered across all sports were down 40.8% month-on-month to $19.2m.

Casinos on the Mississippi coast generated the majority of revenue and stakes. Punters at the coastal casinos wagered $11.9m or 61.8% of total stakes, with the venues generating revenue of $1.1m.

The coastal casinos also generated stakes of $3.8m on baseball, which resulted in revenue of $357,404.05. Parlay cards accounted for an additional $1.1m in stakes, and revenue of $195,328.67, while customers wagered $1.4m on other sports, from which the venues’ win percentage of 22.92% amounted to $316,571.62 in revenue. Customers also staked $2,475.00 on football in the coastal region, which resulted in a $13,776.42 loss for the casinos.

In the northern region, amounts wagered fell 50.8% to $4.5m. Basketball again generated the majority of this total (46.2%), with revenue for the region falling 58.6% to $553,447.92.

Casinos in the centre of Mississippi, meanwhile, saw stakes decline 40.5% to $2.8m, with revenue down 62.3% month-on-month to $381,975.35.

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