Mississippi Sports Betting Activity Up in April, Earnings Down

Avatar photo By admin Jun28,2024

Mississippi sports wagering activity saw a 7.9% rise in April, according to the Mississippi Gaming Commission (MGCB). Despite this increase in activity, the state experienced a slight decrease in earnings.

Mississippi sports betting activity saw a 7.9% rise in April.
Mississippi residents placed $35.5 million (£28.7 million/€33.9 million) on sporting events in April, a jump from $32.9 million in April 2021, but a 25.9% drop from $47.9 million in March of this year.

Earnings were down 2.3% year-over-year to $4.2 million, though this was slightly higher than the $4.1 million recorded in March 2022, despite the lower wagering activity.

Casinos along the coast remained the preferred location for bettors, generating a total of £2.5 million in earnings from $23.5 million in wagers.

Casinos in the central region generated $941,421 in earnings from a total of $6.6 million wagered. Northern casinos generated $747,476 in earnings from $5.5 million in wagers.

Basketball was once again the most popular betting sport across all regions of Mississippi, with coastal casinos taking $10 million in wagers, central casinos $2 million, and northern casinos $2.9 million.

The MGCB also noted that the state’s total monthly win rate across all casinos was 11.9%, down 17.1% year-over-year.

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By admin

This talented writer and mathematician holds a Ph.D. in Applied Mathematics and a Masters in Probability Theory. With a deep understanding of the intricacies of casino games, they have published numerous articles on game theory, probability, and combinatorics in relation to gambling. Their expertise in discrete mathematics and stochastic processes has made them a sought-after consultant for licensed casinos worldwide. Their articles, reviews, and news pieces provide valuable insights into the world of casino gaming.

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