Mississippi Sports Betting Market Sees December Decline

The Mississippi sports betting market faced a challenging December, as both handle and revenue showed substantial year-on-year declines. According to recent data, the Magnolia State reported a 34.3% drop in handle, with just $48.9 million in wagers compared to $74.4 million in December 2022. This decline was also evident when compared to November 2023, with a 21.6% decrease from $62.4 million.

In terms of revenue, Mississippi saw a significant decrease, reaching only $4.9 million in December. This marked a sharp 56.6% decline from the previous year's $11.3 million. However, there is a silver lining as the December revenue was a substantial 58.1% increase from November's $3.1 million haul.

When it comes to where Mississippi players chose to place their bets in December, coastal casinos continued to be the preferred venues. These casinos processed $31.6 million in bets and generated $2.4 million in revenue during the month. Notably, $14.5 million of wagers were placed on American football, $7.7 million on basketball, and $4.9 million on parlay bets.

Central casinos in the state took $11.0 million in wagers, reporting $1.7 million in sports betting revenue. Basketball accounted for $3.6 million of bets, with American football at $2.6 million and parlay cards at $4.7 million.

Lastly, northern casinos in Mississippi recorded $6.3 million in sports betting wagers, with revenue reaching $770,498. American football bets amounted to $2.9 million, basketball to $1.8 million, and parlay cards to $1.5 million.

The Mississippi sports betting market's December performance highlights both challenges and opportunities in the state's gambling industry, as it seeks to rebound in the coming months.