- Mississippi sportsbooks have collected over $215 million in wagers since the start of the year.
- September was the second-most profitable month for the sportsbooks in Mississippi.
- Nearly $2 million has been sent to the state in sports betting taxes year-to-date.
BILOXI, Miss. – The sports betting scene in Mississippi is back to its late-2018 numbers. On Wednesday, the Mississippi Gaming Commission released the sports betting revenue numbers regarding Mississippi sportsbooks during September.
In the report, the betting handle was noted to exceed $37.87 million for the month. This is the highest handle of the year for the state of Mississippi, as the state averaged a handle of $22.2 million in the eight months prior.
Even more impressive, the sportsbooks in Mississippi are off to a great start. They are ahead of the average handle from last year’s NFL betting season (September – January), as this five-month period was slightly lower at $37.2 million.
Over $5.6 million was kept by the sportsbooks before contributing $450,527 to the state government and an additional $225,263 to the cities that host the licensed sportsbooks. The latest contributions put Mississippi within a month’s reach of providing $2 million to the state and $1 million to the cities from legal sports betting.
With a hold percentage from the books sitting at 14.87%, bettors performed their worst since March Madness. From the bettors’ lackluster performances, September is now labeled as the second most profitable month in legal Mississippi sports betting history – only behind December of 2018.
Things are certainly looking positive for the industry, as the year-to-date handle is now above $200 million. With the NFL betting season in full swing, look for the numbers to continue to increase, especially if the Atlanta Falcons can increase their play of late and the New Orleans Saints can sustain their momentum. Additionally, the Auburn Tigers and LSU Tigers are providing much excitement for local bettors supporting their universities.
The state has yet to implement or approve state-wide mobile betting – one of the limitations bettors are excited to potentially have removed this upcoming legislative session. Whether the bettors are granted this opportunity or not in the near future, the NFL and college football are certainly doing enough to keep the sports betting scene in Mississippi positive.
Michael began writing as an NBA content writer and has spent time scouting college basketball for Florida State University under Leonard Hamilton and the University of Alabama under Anthony Grant. A graduate of both schools, he covers topics focused on legal sports betting, betting odds, and casino reviews. Michael likes to golf, play basketball, hike, and kayak when not glued to the TV watching NBA games.