Industry
February 21, 2023
Mississippi Sportsbooks Start the Year Slow as January Revenues Decline
As the Magnolia State is busy with its fifth attempt to introduce online sports betting, land-based sportsbooks in the state recorded an average revenue decline of 54.9% compared to December 2022. Such a stark drop was unexpected as player spending took a nosedive for little apparent reason. Player Spending Was Low across All Regions According […]
Legal
January 17, 2023
Mississippi Sports Betting Legalization Saga Continues with Fifth Bill
Being backed by the chairman of the House Gaming Committee, Casey Eure, House Bill 606 would amend section 97-33-1 of the Mississippi Code from 1972 in such a manner that it would enable bettors to place wagers on sports events online. Five Attempts and Counting The bill that has already been sent to the House […]
Casino
January 6, 2023
Bally’s, GLPI Completed Previously Announced Sale-Leaseback
Bally’s Corporation and Gaming & Leisure Properties (GLPI) announced that the acquisition of the land and real estate assets of Bally’s Tiverton Casino & Hotel in Tiverton, Rhode Island, and Bally’s Hard Rock Hotel & Casino Biloxi in Biloxi, Mississippi by GLPI is now completed for a total consideration of $635 million. Bally’s Sells Real […]
Industry
December 28, 2022
Mississippi’s Casinos Drive $2.3B in Gross Revenue in 11 Months of 2022
The Magnolia State casinos enjoyed a robust performance in the surveyed period, boosting overall tax contributions to the budget significantly. This is especially important given the fairly low rate of taxation Mississippi levies casinos with, including 4% for the first $50,000 in gross revenue, 6% for the next $84,000 in gross revenue, and 8% for […]
Business
December 23, 2022
VICI and Foundation Gaming Ink Sale-Leasebacks for Two Mississippi Casinos
VICI Properties, an owner and acquirer of experiential real estate assets across leading gaming, hospitality, entertainment and leisure destinations, has purchased the Fitz Casino & Hotel and the WaterView Casino & Hotel properties from Foundation Gaming & Entertainment. VICI Acquires Two Casinos in a Sale-Leaseback Deal The sale-leaseback deal saw the real estate specialist pay […]
Industry
November 21, 2022
Mississippi Handled $56.2M in October Bets
Sports bettors in the state of Mississippi bet a total of $56.2 million last month. This shows a noticeable month-on-month improvement but is still lagging behind 2021’s results. Bettors Wagered $56.2M on Spots Punters in the Magnolia State contributed to a total sports betting handle of $56.2 million in October. This represents a 32.7% […]
Sports
October 20, 2022
Betting Handle in Mississippi Improves to $43.1M in September
The sports betting handle in Mississippi improved month over month in September, but remained low when compared to the same period last year, reveals data from the gambling regulator in the state. Mississippi Gaming Commission Releases September Results The regulator in charge of gambling activities including sports betting, the Mississippi Gaming Commission, has announced the […]
Industry
September 29, 2022
GAN and Island View Casino in Mississippi Debut GAN Sports
Provider of gambling software and technology GAN announced it has launched GAN Sports in partnership with Island View Casino in Gulfport, Mississippi, to increase B2B sports betting revenue streams. Expand B2B Sports Betting Revenue Streams The launch of GAN Sports on September 27, 2022, marked the debut of the company’s new sportsbook technology platform that […]
Business
September 23, 2022
Sports Betting Handle in Mississippi Improves in August
Sports bettors in Mississippi spent more in August when compared to July, a new report released by the regulator reveals. Sports Betting Handle in Mississippi Hits $21.2M Last Month The Mississippi Gaming Commission, the regulator of sports betting and gambling in the state, has announced the financial results reported by operators in August. Last month, the sports […]
Casino
September 21, 2022
Mississippi Clears Live Casino Supplier TCSJohnHuxley for Launch
TCSJohnHuxley has become the latest supplier of live gaming products to go ahead and obtain a license from the Mississippi Gaming Commission. The license will make it possible for TCSJohnHuxley to deploy its products in the state and partner with casinos interested in bolstering their live portfolio. TCSJohnHuxley Clears Regulatory Hurdle to Enter Mississippi TCSJohnHuxley […]