Mississippi Sportsbooks In October Hit Highest Revenue Yet

by | Nov 23, 2021 11:20 am | Revenue

Mississippi Sportsbooks In October Hit Highest Revenue Yet

Mississippi Sportsbook

  • Mississippi’s October 2021 sports betting handle is the highest handle in 2021.
  • The revenue total for October 2021 is an all-time high for Mississippi sportsbooks

BILOXI, Miss. – As more and more states seem to be far surpassing previous sports betting records, Mississippi has joined those ranks with a record-breaking October revenue pull.

Mississippi October Revenue

October’s sports betting revenue has hit its highest point since first launching in 2018, that being a reported $9.15 million.

That’s a 3.4% increase from September’s $8.85 million in sports betting revenue.

Mississippi Revenue Increase

  • September 2021: $8,846,121
  • October 2021: $9,146,353

If Mississippi sportsbooks can see a 9.3% increase in November, they will break $10 million in revenue for the first time in their operating history.

Mississippi October Sports Betting Handle

With the 2021 NFL season in full swing, Mississippi residents are making sure to get their bets in, and it shows. In October, Mississippi citizens wagered over $83.5 million on sports, the most that has been bet in Mississippi on record.

That marks a 52.3% increase from the preceding month of September, with a reported handle of $54.8 million.

52.3% Jump In Handle

  • September 2021: $54,835,753
  • October 2021: $83,527,015

This year’s October handle was also a 36.4% jump from last year’s October handle of $61.1 million.

36.4% Year-On-Year Increase

  • October 2020: $61,192,425
  • October 2021: $83,527,015

Online Mississippi Sports Betting Could Mean Bigger Numbers

While the Mississippi legal sports betting market is doing well enough, access to state-sponsored online/mobile sportsbooks could see it doing better.

Some lawmakers like Representative Casey Eure are already making moves in that direction, as attempts to open a regulated online sports betting market in Mississippi are now beginning.

If this does end up happening, Mississippi could see more than double its regular monthly handles.

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