Mississippi sports betting handle reaches $66.5m in January

Players in Mississippi wagered a total of $66.5m (£44.5m/€53.3m) on sports in January, down slightly year-on-year, while monthly revenue also declined.

The state’s handle was down 0.9% from $67.1m in January of 2021, though the January total was up 17.1% month-on-month from $56.8m recorded in December of last year.

Revenue for the month was also down 28.6% year-on-year from $9.1m to $6.5m, but this was more than double the amount posted in the final month of 2021 when the state reported $3.2m in revenue for December.

Breaking down the monthly performance, coastal casinos remained the sports wagering venue of choice for consumers in January, with $45.7m in total bet at these casinos, while revenue amounted to $3.1m.

Football betting drew $17.5m in wagers at coastal casinos during the month, just ahead of basketball on $17.3m. Baseball wagering was just $2,953, while parlay betting hit $4.1m and other sports $6.9m.

Wagering and northern casinos reached $10.9m and revenue $1.6m, with football again the most popular sport to bet on, attracting $4.7m in total bets.

Central casinos drew the least bets, with a total of $9.9m wagered during the month, but revenue was higher than at northern casinos, reaching $1.9m. Basketball proved the most popular sport at central casinos, drawing $2.4m in bets, ahead of football on $1.9m, while parlay betting reached $5.5m.

Author: Raymond Fleming