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Sports Betting Revenue of Mississippi Decreases in April

Sports Betting Revenue of Mississippi Decreases in AprilReading Time: 1 minute

 

Sports betting revenue of Mississippi has decreased in April. Amounts wagered across all sports were down 40.8% month-on-month to $19.2m.

Casinos on the Mississippi coast generated the majority of revenue and stakes. Punters at the coastal casinos wagered $11.9m or 61.8% of total stakes, with the venues generating revenue of $1.1m.

The coastal casinos also generated stakes of $3.8m on baseball, which resulted in revenue of $357,404.05. Parlay cards accounted for an additional $1.1m in stakes, and revenue of $195,328.67, while customers wagered $1.4m on other sports, from which the venues’ win percentage of 22.92% amounted to $316,571.62 in revenue. Customers also staked $2,475.00 on football in the coastal region, which resulted in a $13,776.42 loss for the casinos.

In the northern region, amounts wagered fell 50.8% to $4.5m. Basketball again generated the majority of this total (46.2%), with revenue for the region falling 58.6% to $553,447.92.

Casinos in the centre of Mississippi, meanwhile, saw stakes decline 40.5% to $2.8m, with revenue down 62.3% month-on-month to $381,975.35.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Sports Betting Revenue of Mississippi Decreases in April

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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