Mississippi Gambling Earnings Decline for Third Consecutive Month

The Mississippi Gaming Control Board reported that the state’s gambling earnings decreased for the third consecutive month in June.

Sports betting in Mississippi generated a total of $25.1 million in June, a decline from $43.1 million in June 2021 and $29.2 million in May 2022.

The state’s casinos earned $2.1 million in revenue for the month, a 34.4% drop from $3.2 million in June 2021 and a 47.5% decrease from $4 million in May 2022.

Coastal casinos remain the most popular gambling destination in the state, with gamblers placing $17.3 million in sports bets in June, resulting in $1.3 million in revenue for the casinos.

Central casinos saw $4.5 million in player spending in June, generating $464,667 in revenue, while northern casinos recorded $3.3 million in wagers and $339,142 in revenue.

Baseball was the most popular betting option across all venues in June, with coastal casino customers wagering $8.8 million, central casino players $1.5 million, and northern casino players $1.3 million.

The Mississippi Gaming Control Board also reported that the state’s casinos had a collective win rate of 8.30% in June.

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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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