Mississippi Sports Betting Sees Plateau in September Earnings
The Mississippi sports betting industry saw a plateau in September’s earnings when compared to the same timeframe in the previous year.
Mississippi’s sports bettors spent a considerable amount less in September compared to the same period last year, but the state’s income remained steady.
The month’s total wagered was $43.1 million, a decrease from $54.8 million in September of 2021, but an increase from $21.2 million in August.
Despite the decrease in spending, revenue was unchanged from the previous year at $8.8 million, which is also a significant increase from August’s $2.7 million.
Coastal casinos remain the most popular locations for sports betting in Mississippi, with players wagering a total of $28.1 million, generating $5.5 million in casino revenue.
Central casinos had a total wagered of $8.2 million, generating $1.8 million in revenue, while northern casinos had a total spend of $6.9 million, generating $1.6 million in revenue.
Football surpassed baseball as the most popular sport for players, with coastal casinos taking $16.5 million in bets, central casinos taking $3.1 million, and northern casinos taking $4.4 million.
The hold for the month was 20.4%, an increase from 16.1% in September of last year.
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