Overview of the Mississippi Sports Betting Market
Since its debut on August 1, 2018, Mississippi has offered retail-only sports wagering at licensed land-based casinos, with mobile bets permitted solely within casino or sportsbook premises. Today, three mobile apps—BetMGM Sportsbook, Caesars Sportsbook, and the local Pearl River Sports—are the only platforms accessible to bettors on-site in the state.
Market Performance Highlights (2018–2024)
- Handle growth: From approximately $18.3 million in 2018 (launch year) up to a peak of $109.3 million in 2021, settling at $97.6 million in 2024.
- Gross Gaming Revenue (GGR): Climbed from $2.47 million in 2018 to a high of $16.6 million in 2021, with $11.7 million recorded in 2024.
- Hold percentages: Varied widely—about 28.0% in 2018; dipped to ~15–16% over most of the 2019–2023 period; settled at 12.6% in 2024.
- Tax contributions: They increased from $271 K in 2018 to $1.83 M in 2021, then modestly declined to $1.29 M in 2024, thanks to the reduced hold rate.
Upcoming Mobile Expansion (Effective December 8, 2025)
In February 2025, the Mississippi House Gaming Committee overwhelmingly approved a revised Mississippi Mobile Sports Wagering Act. Under this new law, digital operators—including DraftKings Sportsbook and FanDuel Sportsbook—must affiliate with brick-and-mortar casinos to offer statewide mobile sports betting, with platforms slated to go live in December 2025.
Legislative Concerns
During debates over the mobile-wagering legislation, lawmakers voiced worry that major operators would concentrate partnerships—and thus revenue—at the Gulf Coast’s largest casinos, leaving smaller, inland venues shut out of the mobile-betting boom.