Casino revenue falls in first since sports betting began

MGN Online

Casino revenue fell slightly in Mississippi in November, the first decrease since the start of sports betting in the state.

Posted: Dec 29, 2018 7:52 PM

JACKSON, Miss. (AP) — Casino revenue fell slightly in Mississippi in November, the first decrease since the start of sports betting in the state.

State revenue department figures show gamblers lost $160 million statewide in November, down less than 1 percent from $161 million in November 2017.

Of that amount, $1.6 million was lost on sports wagers, with $32.8 million in bets placed

Receipts fell to $92 million at the 12 coastal casinos, down 2 percent from November 2017.

Mississippi’s 16 river casinos posted winnings of $67 million, up 2 percent from last year.

Revenue statewide went up 1 percent over the last 12 months, with Gulf Coast casinos showing a 3 percent increase and river casinos showing a 3 percent decrease.

Numbers exclude Choctaw Indian casinos, which don’t report winnings to the state.

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