The handle has been lower than we expect long-term,\u201d Tsai said. \u201c\u2026 The better gauge for long-term volumes will be once football season kicks off in September. That said, our handle and betting volumes already exceed that in many Vegas casinos. We are seeing hundreds of guests coming on property to place sports wagers in our new sports book.\u201d<\/p><\/blockquote>\n
Unlike New Jersey, which handled just under $16 million in its first month, the Mississippi market does not have the advantage of full-scale mobile sports betting. Bettors can use their phones to gamble but only when they are inside a physical casino location.<\/p>\n
But the state does have a regional advantage. With the exception of Louisiana, none of Mississippi\u2019s neighbors have legal casino gaming, and its closest competitor in the sports betting market is West Virginia, some 500 miles away.<\/p>\n","protected":false},"excerpt":{"rendered":"
Mississippi sports betting has got off to a good start, the state\u2019s gaming commission insisted Thursday, with $9.8 million handled at Mississippi casinos from the start of August through September 3. Handle relates to bets taken before winnings are paid out. Bookmakers typically retain about 5 percent of handle as \u201chold,\u201d which equates to their […]<\/p>\n","protected":false},"author":36,"featured_media":87617,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,18,1074],"tags":[],"acf":[],"yoast_head":"\n
Mississippi Sports Betting Operations Handle $10 Million in First Month<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n