August 1 marks the first 12 months of legal sports wagering in Mississippi. The first such bets were placed at Gold Strike in Tunica and Beau Rivage in Biloxi, followed closely by the IP and Sam’s Town Tunica.
So how did Mississippi fare in its first year of sports wagering? Did Mississippi sports betting reach projections? What does the future look like?
Let us review the early projections for the potential for sports wagering in Mississippi.
On May 15, 2018, Allen Godfrey, the Executive Director of the Mississippi Gaming Commission, predicted $60‒$100 million in additional gross gaming revenue as the result of the Mississippi sports wagering market, noting that the real benefits were “having people stay at your properties.” The additional benefits beyond sports betting gross gaming revenue (GGR) to which Godfrey alluded could include additional overnight stays at Mississippi casinos, more covers in restaurants, additional customer play at slots and table games, ancillary sales and gaming tax benefits to the state, and more.
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