Not to be outdone by its gambling rivals, the state of Mississippi on Monday announced September sports betting results, and the figures were impressive.
After seeing $6.3 million worth of wagers in August, the first month of Magnolia State sports betting, the casino industry took $31.7 million in bets last month, a fivefold increase month-over-month.
The casinos won $5.5 million on the handle, an increase of 754% over the nearly $650,000 won in August. NCAA and NFL football were the reasons, as football is the most popular sport for wagering. Football accounted for nearly $4 million of the revenue (more than 70%).