Mississippi Posts Record $61.2M in October Sports Betting Handle

Mississippi Posts Record $61.2M in October Sports Betting Handle
© USA Today

Mississippi sports betting saw another successful month with a state record for handle and an October increase of 17.2% over September.

The October sports betting handle in Mississippi was $61.2 million, about $9 million more than September ($52.2 million) and $13.1 million more than October 2019 ($48 million), according to figures released by the state.

The exact handle of $61,192,425 broke the state record of $56,369,036, which had stood since November 2019.

The state also saw a significant jump in revenue in October month over month. The Magnolia State had taxable revenue of $8.8 million, up 32.9% from September’s $6.6 million. But revenue was down 28.7% from October 2019’s record $12.3 million, according to Mississippi Gaming Commission figures. The $8,769,600 in revenue was the second-highest ever in Mississippi, behind only that October 2019 mark.

Football was the sport bet on the most in Mississippi in October with more than $38.4 million wagered. Baseball saw over $7.9 million in bets in October.

Mississippi Sports Betting, October vs September

Betting handle Revenue
October $61.192M $8.770M
September $52.220M $6.599M
Change Up 17.2% Up 32.9%

Other Mississippi Gaming Numbers

The October slots drop in Mississippi was $1.811 billion, up 1.1% from September ($1.791 billion) and down 0.1% from October 2019 ($1.812 billion).

The table games drop in October was $142.9 million, down 2.1% from September’s $146 million and down 5.4% from October 2019 ($151 million).

Mississippi Year-Over-Year Sports Betting

Betting handle Revenue
October 2020 $61.192M $8.770M
October 2019 $48.019M $12.295M
Change Up 27.4% Down 28.7%

Mobile Betting Only in Casinos

Bettors in Mississippi have had more betting opportunities since casinos reopened in late May. But sports bettors must place online wagers inside one of the 26 commercial casinos — 13 on land and 13 on riverboats — since there is a restriction on mobile sports betting.

Most states that have reported October wagering figures have had record totals. New Jersey announced a U.S. record $803 million in total sports handle for October. Iowa, Indiana and Pennsylvania also saw state records for handle in October.

One key to those records is that each of those states saw at least 70% of their bets placed via mobile, with New Jersey (92.6%) and Pennsylvania (89.5%) setting the standard for mobile betting.

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