by Carter Floyd | Jul 16, 2020 12:37 pm | Revenue
Mississippi casinos were able to reopen in late May and early June, leading to the first sports betting action in months. In June, Mississippi sportsbooks handled $1.6 million in sports bets and lost $62,230, a hold rate of -3.85% Although the amount of money lost is...
by Carter Floyd | Apr 29, 2020 10:01 am | Sports Betting
Sports betting handle and revenue each decreased by 69% from February to March 2020. The betting month was shortened, as COVID-19 essentially shut down sports by March 12 and all Mississippi casinos were forced to close on March 16. Without online betting to fall back...
by Giovanni Shorter | Feb 2, 2020 7:05 am | Super Bowl
Biloxi sportsbooks are looking forward to the surplus of Super Bowl LIV bettors this weekend. Beau Rivage Resort & Casino is expected to be home to locals and tourists alike as they are located just at the edge of the borders of multiple states. Being the biggest...
by Michael Molter | Sep 19, 2019 5:25 pm | Revenue
Nearly 47% of the August betting handle in Mississippi came from baseball betting alone. Bettors on football in Mississippi did quite poorly, equating to over 62% of all sports betting revenue. The sportsbooks posted their highest hold percentage (14.51%) since March...
by Michael Molter | Aug 1, 2019 12:15 pm | Sports Betting
Mississippi sportsbooks have kept $30.5 million in revenue (pre-tax contributions) since the August 1, 2018 launch. A four-percent tax is given to the cities that host the sportsbooks, and the Tunica region is in need of the funds. Sam’s Town Casino is planning a...
