Mississippi sports betting sees sharp decline in February

Not surprisingly, sports wagering revenue in the state of Mississippi declined in February, falling 25% year over year. It also fell by 54.4% from the previous month. This according to figures released by the Mississippi Gaming Commission (MGC).

Revenue decreased from $2.8 million in February 2019 to 2.1 million this past month. The month over month decrease in revenue was $4.6 million.

Coastal casinos remained the primary source of sports betting revenue for the month, ammounting to $955,000, down 31.5% from 2019. This came as a result of some bad breaks in the action, as consumer spending increased 54.1% to $25.5 million.

Central casinos saw a 21.6% decline in income year over year, falling to $619,000. Player wagers increased there as well by 7.5%, coming in at $4.3 million.