Both Mississippi sports betting revenue and processing fell year-over-year in December, while the Magnolia State also reported a month-over-month decline.
The handle was $48.9m (£38.6m/€44.9m), down 34.3% from $74.4m in Mississippi in December 2022. This was also 21.6% less than the $62.4 million spent in November 2023.
Sales amounted to $4.9 million. While that was down 56.6% from $11.3 million in December of the previous year, it wasn’t all bad news for the state.
The December total was approximately 58.1% higher than the November entry of $3.1 million.
Beach Betting: Coastal casinos in Mississippi accept $31.6 million in bets
When it comes to where Mississippi gamblers prefer to bet in December, coastal casinos are still the preferred venue.
In December, coastal casinos processed $31.6 million in bets and generated $2.4 million in revenue. Of all bets made here, $14.5 million was on American football and $7.7 million on basketball, while $4.9 million was spent on parlay bets.
Elsewhere, centralized casinos took $11.0 million in bets and reported $1.7 million in sports betting revenue. Basketball accounted for $3.6 million of core casino bets, American football accounted for $2.6 million and parlays accounted for $4.7 million.
Ultimately, Mississippi gamblers spent $6.3 million on sports betting at casinos in the northern part of the state, generating $770,498 in revenue. Total bets on American football were $2.9 million, basketball was $1.8 million and parlays were $1.5 million.
The state’s winning percentage was 10.0% in December.