Mississippi casino revenue up 8.3 percent year-over-year in November

Thursday, December 19, 2024 11:49 AM
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  • Mia Doyle, Special to CDC Gaming

Mississippi casinos in November generated more than $207.5 million in gross gaming revenue, the fourth-highest monthly total this calendar year.

Casino revenue increased by 8.3 percent compared to $191.6 million in November 2023. Coastal casinos led with $136.1 million in revenue, making up more than 65 percent of the statewide total. Northern Mississippi casinos collected $44.9 million, while the Central region reported $26.6 million in revenue.

The state could be welcoming a new casino as discussions continue around a potential development in Jackson.

The Mississippi Gaming Commission also reported that sports bettors across the state wagered $57.9 million in November. With a 13.9 percent hold, monthly revenue came in at more than $8 million. While handle dropped by 7.3 percent year-over-year, revenue increased by 159.4 percent.

Coastal region bettors had the biggest effect on total revenue, generating $4.8 million from a $39 million handle. Sportsbooks in Central Mississippi drew in around $13.1 million in bets and revenues of $2.1 million. Northern venues garnered the lowest figures, including a $5.8 million handle and $1.2 million in revenue.

With the NFL and NBA in full swing, football and basketball drew in the most bets in November. Football led the handle, contributing $26.8 million, while basketball wagers totaled $11.7 million. However, basketball generated $2.8 million in revenue versus $2.4 million from football, which saw more bettor-friendly results.

 

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.