Legalized Sports Betting in Mississippi Generates Record Revenue in December 2018

[TheComputerGroup]

With a handful of states, like ​New York, taking bigger steps toward the legalization and regulation of sports gambling, states like Mississippi are already reaping the benefits.



The Magnolia State has reportedly generated more than $106 million in gross gaming revenue (GGR) during the month of December, from Mississippi's 12 Gulf Coast casinos – the best December the state has had in 26 years.

This is only the second time in history that these Mississippi casinos have generated more than $100 million in GGR, seeing a 7.5 percent increase in revenue from December 2017. Overall, 2018 saw a 4 percent increase in revenue from 2017 and was recorded as the best year Mississippi casinos have had since 2008.

The proximity of Mississippi's Gulf Coast casinos to the home of ​the New Orleans Saints, who are in the midst of ​their best season in recent franchise history, has reportedly played a significant role.
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​The Saints are currently 3.5-point favorites, according to FanDuel Sportsbook, when they take on the Los Angeles Rams in this Sunday's NFC Championship game.





https://www.fanduel.com/theduel/pos...ppi-generates-record-revenue-in-december-2018

 

[DoublePlayBall]

Reading that article makes me wonder just what in the world other states must be thinking for raising revenue..... I guess places like Virginia had rather tax prepared food to the tune of 11% (restaurants and the like)... Just amazing!