Golden Nugget in Biloxi, Miss.
MS Sportsbooks Take in $7.7M in Handle in August and Much Bigger Numbers Ahead
By Jill R. Dorson | Published: September 20, 2018 at 2:55 pmThe Mississippi Gaming Commission on Thursday released its official report for the first full month of sports betting, and the state took in $7.7 million in handle with gross taxable revenue of $644,489. The handle includes futures bets made, while the taxable revenue does not include futures bets, many of which are not yet decided.
Mississippi’s coastal casinos, which include sportsbooks from Bay St. Louis to the Biloxi area, took in the most amount of bets, with $4,363,799, while the most bets were made on baseball, followed by football and parlay cards. The report runs from Aug. 1-31, and does not include the figures through Labor Day weekend.
In terms of breakdown, Mississippi sportsbooks took $3,326,580 bets on baseball, $2,388,273 on football and $1,518,973.46 on sports parlay cards. There were also about $116,000 worth of basketball bets and $$346,000 on other sports made. Expect football to be king in September – when you add in the first weekend of college football games, the handle was $9.8 million through Sept. 3, which means state sportsbooks took in about $3.5 million in bets over the Labor Day weekend. The year-to-date handle through Sept. 8 was $16.3 million.
First Month of Mississippi Sports Betting Through Labor Day Shows Potential of Gulf Coast Market
“The Mississippi Gaming Commission has been very pleased with the operations at our sportsbooks to date,” Jay McDaniel MCG Deputy Director told Sports Handle. “The August revenue numbers were about what we expected, and the $7.7 million of handle is very encouraging. As you know, we have 20 casino operators that have sportsbooks running now, but they were not all open the entire month of August, so we expect September revenue to be greater.”
Only two sportsbooks were open for the entire reporting period and five total for the two weeks of the period. The remaining 15 sportsbooks opened on Aug. 17 or later.
The hold, or the amount the sportsbooks kept, was a little more than 10 percent, according to the report. The hold in Nevada is typically around 5 percent. In August, New Jersey sportsbooks kept about 9.6 percent and in July, Delaware book held 6.4 percent of wagers.
The state of Mississippi taxes sports betting at 12 percent (8 percent state, 4 percent local), which translates into about $77,000 pouring into state coffers after the first full month of sports betting.
It’s also important to note that the August numbers are nowhere near complete – besides missing the first NFL weekend and barely catching some SEC football, only a handful of the state’s sportsbooks were open for business. Now that more are up and running, the September numbers should blow away August.
Mississippi Sportsbooks Opened Throughout the Month of August, and Report Doesn’t Include First NFL Weekend, So Expect Handle to Rise in September
Mississippi was the third state behind Delaware and New Jersey to open for sports betting, and by way of comparison, New Jersey, with a population of about 9 million people took in $40.6 million for its first full month (July 1-31) and Delaware took in $8.2 million total wagers in its first full month (June 25-July 29).
Mississippi has a population of about 3 million – and lacks access to a major metropolitan area. New Jersey’s FanDuel Sportsbook at the Meadowlands is just a hop, skip and a jump from New York City, while Delaware Park is less than an hour drive to Philadelphia. Mississippi benefits from traffic from nearby New Orleans, but New York and Philadelphia dwarf New Orleans’ population.
Mississippi became the third state to open for sports betting when the Beau Rivage Resort & Casino in Biloxi and Gold Strike Casino in Tunica took the state’s first sports bets on Aug. 1. The remainder of the state’s casinos opened as the month wore on. Also keep in mind that MS sportsbooks are permitted to offer mobile betting options on-premises only. That means literally on the casino property.
Given the limitation, operators so far are focused on mastering the retail side of operations as some may explore mobile options later, and perhaps the gaming commission open up mobile betting statewide down the line.
In addition, the sports betting is available at the Choctaw-owned Golden Moon sportsbook, but tribal casinos in Mississippi are not governed by the gaming commission.
Well I really enjoyed studying it. This information procured by you is very constructive for correct planning.
I¦ve recently started a web site, the info you offer on this web site has helped me tremendously. Thank you for all of your time & work.
I was wondering if you ever thought of changing the layout of your website? Its very well written; I love what youve got to say. But maybe you could a little more in the way of content so people could connect with it better. Youve got an awful lot of text for only having one or two pictures. Maybe you could space it out better?
I truly appreciate this post. I have been looking all over for this! Thank goodness I found it on Bing. You have made my day! Thank you again!
I truly appreciate this post. I have been looking all over for this! Thank goodness I found it on Bing. You’ve made my day! Thank you again
hello!,I love your writing very much! proportion we keep up a correspondence extra approximately your post on AOL? I require an expert on this space to unravel my problem. May be that’s you! Having a look ahead to look you.
Well I definitely enjoyed reading it. This information provided by you is very practical for proper planning.
I regard something truly interesting about your weblog so I saved to favorites.
You actually make it seem so easy with your presentation but I find this matter to be really something that I believe I would never understand. It seems too complex and very extensive for me. I am looking ahead for your next submit, I¦ll try to get the cling of it!
Generally I don’t read post on blogs, but I would like to say that this write-up very forced me to try and do it! Your writing style has been amazed me. Thanks, quite nice article.
Hi, I think your site might be having browser compatibility issues. When I look at your website in Safari, it looks fine but when opening in Internet Explorer, it has some overlapping. I just wanted to give you a quick heads up! Other then that, fantastic blog!
Hiya, I am really glad I’ve found this info. Nowadays bloggers publish just about gossips and net and this is really frustrating. A good site with exciting content, that’s what I need. Thanks for keeping this web site, I will be visiting it. Do you do newsletters? Can’t find it.
Its like you learn my mind! You appear to understand a lot about this, such as you wrote the e book in it or something. I feel that you could do with a few p.c. to force the message house a little bit, however instead of that, this is wonderful blog. An excellent read. I will certainly be back.
Merely a smiling visitor here to share the love (:, btw great style. “Competition is a painful thing, but it produces great results.” by Jerry Flint.
You could definitely see your expertise within the work you write. The arena hopes for more passionate writers such as you who aren’t afraid to mention how they believe. All the time follow your heart.
Hello there, You have done a great job. I will definitely digg it and personally suggest to my friends. I am confident they will be benefited from this web site.
magnificent submit, very informative. I’m wondering why the opposite specialists of this sector don’t realize this. You should continue your writing. I’m sure, you’ve a great readers’ base already!
I’ve been surfing online greater than 3 hours today, yet I never found any attention-grabbing article like yours. It?¦s lovely worth sufficient for me. Personally, if all site owners and bloggers made excellent content material as you did, the internet shall be a lot more useful than ever before.
Some truly interesting details you have written.Assisted me a lot, just what I was looking for : D.
naturally like your web-site but you have to check the spelling on several of your posts. A number of them are rife with spelling issues and I find it very troublesome to tell the truth nevertheless I will surely come back again.
It’s a shame you don’t have a donate button! I’d certainly donate to this fantastic blog! I suppose for now i’ll settle for bookmarking and adding your RSS feed to my Google account. I look forward to new updates and will share this site with my Facebook group. Chat soon!
I think other web-site proprietors should take this website as an model, very clean and fantastic user genial style and design, let alone the content. You are an expert in this topic!
The subsequent time I learn a blog, I hope that it doesnt disappoint me as much as this one. I imply, I know it was my option to read, however I truly thought youd have something interesting to say. All I hear is a bunch of whining about one thing that you may fix when you werent too busy searching for attention.
Thanks for this wonderful post, I am glad I noticed this internet site on yahoo.
It¦s really a cool and helpful piece of information. I am happy that you simply shared this useful information with us. Please stay us up to date like this. Thank you for sharing.
This design is spectacular! You obviously know how to keep a reader amused. Between your wit and your videos, I was almost moved to start my own blog (well, almost…HaHa!) Excellent job. I really enjoyed what you had to say, and more than that, how you presented it. Too cool!
excellent post.Never knew this, thankyou for letting me know.
Just a smiling visitant here to share the love (:, btw outstanding design.
Attractive component of content. I just stumbled upon your weblog and in accession capital to say that I acquire in fact loved account your blog posts. Anyway I’ll be subscribing on your feeds and even I achievement you get entry to consistently rapidly.
This is a topic close to my heart cheers, where are your contact details though?
Thanks for the auspicious writeup. It actually used to be a amusement account it. Glance complicated to far added agreeable from you! However, how could we keep up a correspondence?
Hello! I could have sworn I’ve been to this blog before but after browsing through some of the post I realized it’s new to me. Anyways, I’m definitely happy I found it and I’ll be book-marking and checking back frequently!
Very interesting info !Perfect just what I was looking for! “The medium is the message.” by Marshall McLuhan.
What’s Taking place i am new to this, I stumbled upon this I have found It absolutely helpful and it has helped me out loads. I’m hoping to give a contribution & help different customers like its helped me. Great job.
I like what you guys are up also. Such smart work and reporting! Keep up the superb works guys I’ve incorporated you guys to my blogroll. I think it’ll improve the value of my web site 🙂
Loving the info on this internet site, you have done great job on the posts.
My brother suggested I might like this web site. He was totally right. This post actually made my day. You can not imagine just how much time I had spent for this information! Thanks!
Yesterday, while I was at work, my sister stole my iphone and tested to see if it can survive a forty foot drop, just so she can be a youtube sensation. My iPad is now destroyed and she has 83 views. I know this is entirely off topic but I had to share it with someone!
fantastic post, very informative. I wonder why the other specialists of this sector don’t notice this. You should continue your writing. I am confident, you have a great readers’ base already!
Great post. I am facing a couple of these problems.
I really appreciate this post. I have been looking all over for this! Thank goodness I found it on Bing. You’ve made my day! Thanks again
Hello my family member! I want to say that this article is awesome, nice written and include approximately all vital infos. I would like to look extra posts like this .
I truly appreciate this post. I have been looking everywhere for this! Thank goodness I found it on Bing. You’ve made my day! Thank you again
I was suggested this blog through my cousin. I am not certain whether or not this publish is written through him as no one else recognize such unique approximately my difficulty. You’re incredible! Thank you!
Some genuinely interesting details you have written.Helped me a lot, just what I was looking for : D.
Youre so cool! I dont suppose Ive read anything like this before. So good to search out anyone with some authentic thoughts on this subject. realy thanks for beginning this up. this website is something that is needed on the net, someone with somewhat originality. useful job for bringing something new to the web!
Hello, you used to write excellent, but the last few posts have been kinda boring?K I miss your great writings. Past few posts are just a little out of track! come on!
Wohh just what I was searching for, regards for putting up.
Hello, i read your blog occasionally and i own a similar one and i was just curious if you get a lot of spam remarks? If so how do you reduce it, any plugin or anything you can advise? I get so much lately it’s driving me insane so any assistance is very much appreciated.
Very interesting info !Perfect just what I was searching for!
You are a very capable individual!
Absolutely composed articles, regards for entropy. “The earth was made round so we would not see too far down the road.” by Karen Blixen.
This is the right blog for anyone who wants to find out about this topic. You realize so much its almost hard to argue with you (not that I actually would want…HaHa). You definitely put a new spin on a topic thats been written about for years. Great stuff, just great!
I think this is one of the most important information for me. And i’m glad reading your article. But should remark on few general things, The site style is ideal, the articles is really nice : D. Good job, cheers
I’ve been exploring for a little for any high quality articles or blog posts on this kind of space . Exploring in Yahoo I at last stumbled upon this site. Studying this info So i’m happy to express that I’ve a very just right uncanny feeling I discovered just what I needed. I most undoubtedly will make sure to do not forget this site and give it a glance regularly.
I in addition to my buddies came checking out the nice tips and hints on the website and then I had an awful suspicion I never thanked you for them. The people appeared to be for that reason thrilled to see all of them and have in reality been making the most of those things. Thanks for actually being quite considerate and then for selecting this form of fine ideas millions of individuals are really eager to learn about. My personal honest regret for not expressing appreciation to earlier.
Only wanna say that this is very helpful, Thanks for taking your time to write this.
I?¦ve recently started a web site, the info you offer on this site has helped me greatly. Thanks for all of your time & work.
Hello there! This is my first visit to your blog! We are a group of volunteers and starting a new initiative in a community in the same niche. Your blog provided us useful information to work on. You have done a wonderful job!
I am glad to be a visitant of this thoroughgoing website! , thankyou for this rare information! .
I love examining and I believe this website got some truly useful stuff on it! .
he blog was how do i say it… relevant, finally something that helped me. Thanks
You have noted very interesting points! ps nice web site.
Precisely what I was searching for, thankyou for posting.
Your style is so unique compared to many other people. Thank you for publishing when you have the opportunity,Guess I will just make this bookmarked.2
You are my aspiration, I possess few blogs and very sporadically run out from to brand.
I have recently started a web site, the info you offer on this website has helped me greatly. Thank you for all of your time & work.
Some really interesting information, well written and generally user genial.
I really appreciate this post. I¦ve been looking all over for this! Thank goodness I found it on Bing. You have made my day! Thx again
I’ll right away grasp your rss as I can’t to find your e-mail subscription hyperlink or e-newsletter service. Do you’ve any? Please let me recognise so that I may just subscribe. Thanks.
Good – I should certainly pronounce, impressed with your site. I had no trouble navigating through all tabs as well as related info ended up being truly easy to do to access. I recently found what I hoped for before you know it in the least. Reasonably unusual. Is likely to appreciate it for those who add forums or something, site theme . a tones way for your client to communicate. Excellent task.
I’m impressed, I need to say. Really not often do I encounter a weblog that’s both educative and entertaining, and let me inform you, you might have hit the nail on the head. Your thought is outstanding; the problem is something that not sufficient people are talking intelligently about. I am very comfortable that I stumbled throughout this in my seek for something regarding this.
I really appreciate this post. I have been looking all over for this! Thank goodness I found it on Bing. You’ve made my day! Thank you again
Magnificent site. Plenty of helpful information here. I am sending it to a few pals ans additionally sharing in delicious. And certainly, thank you on your sweat!
I am glad to be a visitant of this arrant website! , thankyou for this rare information! .
I’ll right away grasp your rss feed as I can not to find your email subscription hyperlink or newsletter service. Do you’ve any? Please permit me know in order that I may subscribe. Thanks.
Thanks, I have just been searching for info approximately this topic for a while and yours is the best I have found out so far. However, what concerning the bottom line? Are you sure concerning the source?
Thanks for your entire hard work on this site. Gloria really loves setting aside time for investigations and it’s easy to understand why. All of us know all of the compelling form you offer advantageous tactics by means of this web site and as well as cause response from other people about this area and my princess has been becoming educated so much. Enjoy the remaining portion of the new year. You’re conducting a glorious job.
I don’t even know the way I stopped up here, however I believed this submit was good. I do not know who you are but definitely you’re going to a well-known blogger if you happen to aren’t already 😉 Cheers!
Greetings! I know this is kinda off topic but I was wondering which blog platform are you using for this site? I’m getting fed up of WordPress because I’ve had problems with hackers and I’m looking at options for another platform. I would be great if you could point me in the direction of a good platform.
very good submit, i certainly love this website, keep on it
I’m not sure exactly why but this site is loading extremely slow for me. Is anyone else having this issue or is it a problem on my end? I’ll check back later on and see if the problem still exists.
Heya just wanted to give you a brief heads up and let you know a few of the pictures aren’t loading correctly. I’m not sure why but I think its a linking issue. I’ve tried it in two different web browsers and both show the same results.
Very well written information. It will be helpful to everyone who utilizes it, as well as yours truly :). Keep up the good work – looking forward to more posts.