New Revenue Record for Mississippi Sports Betting

It seems that every time we turn around another state is setting gambling revenue records, and this time it’s Mississippi sports betting that’s handling the honors. Gamblers in the state dropped over $83 on wagers in the month of October, generating more than $9 million in revenue, which was a new record high. The previous record of $8.8 million was set in October of last year and then again in September of this year. Of course, it’s no surprise that the start of football season had a lot to do with these numbers. The National Football League kicked off in…

Mississippi sports betting

$6 Million for Mississippi Sports Betting in First Month

Mississippi sports betting took a total of $6.3 million during the first full month of regulation, but this figure is set to increase considerably as more companies launch in the US state. This handle corresponds to $644,000 in revenue for casinos and $77,000 in tax income for the state. Baseball proved to be the most popular sport, attracting $3.3m in bets in August, while punters wagered $1.4m on parlay betting and $1.3m on American football. Mississippi sports betting went live on August 1 and the first month of regulation in the state saw a number of companies roll out sports…

Mississippi sports betting

Mississippi Sports Betting Ready to Go

Mississippi sports betting will come on August 1st, which is 26 years to the day after the first casino in the state opened in Biloxi in 1992. The initial wagers are expected to be placed simultaneously at about noon at the Beau Rivage Resort & Casino in Biloxi and at Gold Strike Casino in Tunica. Sports books at the two MGM Resorts International casinos will then open to the public. So for the first weekend or two of the NFL pre-season games, the state could have four casinos taking wagers. The launch of sports betting comes 10 days after Mississippi’s…

Mississippi sports betting

Mississippi Sports Betting Stumbles

Mississippi sports betting won’t roll out on schedule. When the state’s month-long waiting period on the newly legal form of gambling expires, Mississippi’s casinos won’t be ready, the gaming commissioner told Reuters in a recent interview. The Gardenia State’s casinos that have applied to offer sports bets are still carving out space in their businesses to build sports bars and working to meet other state requirements before they can be approved, Commissioner Allen Godfrey said. “Right now, the ones wanting to get started are still in the renovation phase,” he said, noting it will likely be another two weeks before…

Mississippi sports betting

Mississippi Sports Betting Regulations are Close

Gambling laws may soon be changing in the state of Mississippi following a unanimous vote by the state Gaming Commission that clears the way for the legalization of sports betting. Regulators moved quickly to tweak rules regarding Mississippi sports betting, and speculation exists that gambling on sports could start in July. Recently, the Supreme Court ruled in New Jersey’s favor allowing the state to legalize and regulate sports betting, and other states moved forward with their legalization plans shortly after the decisions. Few should be surprised the legislators approved sports betting, as a regulated industry can generate significant tax money…

Sports Betting Target of Tribal Gaming

Bills to regulate sports betting are slowly making their way through state legislatures. However, Native American gaming interests could bypass the formalities and begin offering sports bets on tribal land! This week’s special offer comes from the MYB Casino!