Mississippi bettors placed $21.2 million in wagers in August, ending a four-month period of decreases.

Mississippi residents spent $21.2 million (£18.9 million/€21.7 million) on sports betting in August, a 15.9% increase from $18.3 million in July but a 0.9% decrease from $21.4 million in August of the previous year.

Earnings also climbed from the previous month, with $2.7 million in August, an 8.0% increase from $2.5 million in July, and a 42.1% increase from $1.9 million in August 2021.

Casinos along the coast were once again the most popular destinations for Mississippi consumers, drawing in $14.2 million in bets and generating $1.7 million in total revenue for the month.

Central casinos generated a total of $4.2 million in wagers and $618,375 in revenue, while northern casinos handled $2.2 million in wagers and generated $1.7 million in revenue.

Baseball was the most popular sport among consumers this month, with players placing $8.5 million in bets at coastal casinos, $1.4 million at central casinos, and $1.3 million at northern casinos.

The Mississippi Gaming Commission also noted that the hold percentage for the month was 12.7%, down from 17.2% in August of the previous year.

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By admin

This talented writer and mathematician holds a Ph.D. in Applied Mathematics and a Masters in Probability Theory. With a deep understanding of the intricacies of casino games, they have published numerous articles on game theory, probability, and combinatorics in relation to gambling. Their expertise in discrete mathematics and stochastic processes has made them a sought-after consultant for licensed casinos worldwide. Their articles, reviews, and news pieces provide valuable insights into the world of casino gaming.

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