The Mississippi Gaming Commission has revealed Mississippi generated $206Million in casino revenue in February.
Mississippi Generated $206Million In Casino Revenue
The state has generated $206.7m in casino revenue, according to a report from the Mississippi Gaming Commission – from the 26 casinos located in MI.
This comes through poker, table games and slots, as residents in Mississippi continue to place their bets at non-tribal casinos.
Generating $206.7m means there has been an increase of 14.6% when comparing to January this year, which reached $180.3m.
It is also a slight increase from February last year, which also overtook the $200m at $206.3m and continues to be an important month for Mississippi.
When totaling a revenue for casinos in MI, there are three sections that contribute – Coastal, Central and Northern. The Coastal section made $13.15m in revenue, the Central region was $27.9m and the Northern sat at $47.3m
The revenue through casino is not the only form of betting income, as Mississippi also made $2.3m through sports wagering – something that is being hotly contested in the state.
This is down 65.6% from January, which is a significant drop and may be related to the sporting events during the month – including the NFL postseason.
Mississippi’s sports betting handle was also subject to a noticeable decrease, dropping by 29% when compared to January 2024 – sitting at $31.2m.
In February 2024, the state House passed House Bill 774 which related to online sports betting and it will not go through the processes at the Senate committee.
Mississippi allow sports betting in physical locations, while also using BetMGM at its operated sportsbooks and only on its grounds in the state.
This bill is looking to legalize online sports betting, as residents are still unable to bet on sports via online sportsbooks – but have been able to make physical bets at kiosks since 2018.
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