Mississippi casino revenue and sports betting down in September

Friday, October 18, 2024 1:37 PM
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  • Mia Doyle, Special to CDC Gaming

Mississippi’s casino revenue was down 9.2 percent year-on-year in September, from $210 million to $190 million, according to the Mississippi Gaming Commission, while sports betting revenue fell 13.5 percent from $8.1 million last September to $7 million.

The casino revenue figure also marks a 9 percent month-on-month decrease from the $209.6 million that Mississippi casinos collected in August, ending a two-month growth streak.

The state’s coastal casinos led with $126.2 million of the revenue. Northern casinos followed with $39.5 million in revenue, while casinos in the central region generated the remaining $24.9 million. The MGC regulates 26 commercial dockside and land-based casinos in the state.

It wasn’t all negative for sports betting results. Compared to August’s $3.2 million total, Mississippi sports betting revenue rose significantly. This comes as September marked the beginning of the NFL season. Football accounted for almost $2.5 million of the revenue in September.

While sports betting revenue fell year-over-year, this resulted from bettors winning more. Handle reached almost $51.8 million this September, which was 0.2 percent higher than the $51.6 million bet in the state in the same month last year.

Mia Doyle is a news writer for Major League Content, covering the latest stories across the casino and sports betting industry. Mia’s specialties include US gambling business, casino technology, and legislation news. Mia also likes to write about responsible gambling and social responsibility.