Mississippi Sees a Boost in March Sports Betting Handle

Mississippi Sees a Boost in March Sports Betting Handle
© USA Today

After a slow February, Mississippi saw an increase in March sports betting handle.

The state’s March sports betting handle was $50.5 million, up 5.7% from February’s $47.8 million and an increase of 370.2% from March 2020 ($10.7 million), when Mississippi casinos were shutting down because of the coronavirus pandemic.

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Mississippi law requires that a customer be physically present at a casino to place sports bets, even online. There isn’t a true mobile option in the state.

Sports betting revenue in Mississippi for March ($5.2 million) was up 13.7% from February’s $4.6 million and up a significant 707.4% from March 2020 ($648,647), according to figures from the Mississippi Gaming Commission released on Monday. February is a traditionally slow sports betting month with the NFL season ending and fewer days to bet.

The Magnolia State saw a state record in January of $67.7 million in total sports betting handle.

Mississippi Sports Betting, March vs. February

Betting handle Revenue
March $50.547M $5.237M
February $47.808M $4.607M
Change Up 5.7% Up 13.7%

Other Key Mississippi Numbers

March slots and table games numbers saw significant increases as well at the state’s 26 casinos, split evenly between land and riverboat. Slots handle was $2.514 billion, up a solid 44.4% from February ($1.741 billion) and up 1662% from March 2020 ($944.3 million), again when there were casino closures because of the coronavirus pandemic.

Table games handle in March was $165.1 million, up 21.8% from February ($135.5 million) and up 111.4% from March 2020 ($78.1 million).

Mississippi Year-Over-Year Sports Betting

Betting handle Revenue
March 2021 $50.547M $5.237M
March 2020 $10.749M $0.649M
Change Up 370.2% Up 707.4%

Mobile Sports Betting in Magnolia State Slow To Pass

Mississippi lawmakers have been slow to pass a true mobile sports betting option.

The most recent activity in the state legislature to expand mobile sports betting was two Senate bills — SB 2732 and SB 2396 — both of which died in committee on Feb. 2 before receiving a full vote in the legislative session.

The Mississippi Senate Gaming Commission met in early December 2020 to discuss expansion of the state’s sports betting law that currently requires in-person registration. Anthony DelVescovo, vice president/legal counsel for MGM Resorts International, has suggested Mississippi adapt a model similar to New Jersey’s brick-and-mortar and mobile sports betting.