Handle amounted to $48.9m (£38.6m/€44.9m), down 34.3% from $74.4m in Mississippi in December of 2022. This was also 21.6% lower than the $62.4m spent in November 2023.
As for revenue, this reached $4.9m. While this was 56.6% lower than $11.3m in December of the previous year, it was not all bad news for the state.
The December total was some 58.1% ahead of November’s $3.1m haul.
Beach betting: Mississippi coastal casinos take $31.6m in bets
In terms of where players in Mississippi in December preferred to bet, coastal casinos remain the venue of choice.
For December, coastal casinos processed $31.6m in bets and posed $2.4m in revenue. Of all wagers placed here, $14.5m were on American football and $7.7m basketball, while $4.9m was spent on parlay bets.
Elsewhere, central casinos took $11.0m in wagers and reported $1.7m in sports betting revenue. Basketball accounted for $3.6m of central casinos bets, with American football at $2.6m and parlay cards $4.7m.
Finally, Mississippi players spent $6.3m betting on sports at northern casinos in the state, with revenue reaching $770,498. American football bets totalled $2.9m, basketball $1.8m and parlay cards $1.5m.
Win percentage in the state stood at 10.0% for December.
Original article: https://igamingbusiness.com/finance/mississippi-sports-betting-market-shrinks-in-december/
