Sports
February 2, 2024
Mississippi Sends Sports Betting Bill for Senate Say-So
Following a vote on the House floor on Thursday, the Mississippi Mobile Sports Wagering Act is a few steps from becoming a reality, bringing The Magnolia State into the fold of jurisdictions in the United States that have legalized or already launched their sports gambling framework. Mississippi’s Sports Gambling Legalization Is Inevitable Before lawmakers can […]
Industry
January 31, 2024
Mississippi’s Push for Online Sports Betting Gains Momentum
In a significant move, a Mississippi House committee successfully advanced the Mississippi Mobile Sports Wagering Act, paving the way for the legalization of online sports betting in the state. The bill aims to tap into the burgeoning demand for mobile sports wagering, addressing concerns about the thriving black market dominating the sector. Legislators Aim To […]
Industry
November 23, 2023
Triple Homicide near Mississippi Casino Leads to Capital Murder Charges
Earlier this month, law enforcement was dispatched to Robinsonville, Mississippi, after a shooting incident resulted in a car crash. The crime had taken place near a casino on Casino Center Drive and Tunica County Sheriff’s Office immediately started to investigate the shooting that resulted in the death of three individuals. According to the Sheriff’s Office, […]
Sports
October 25, 2023
Mississippi Task Force Discusses Mobile Sports Betting Expansion
The potential expansion of mobile sports gaming beyond the confines of the state’s casinos took center stage during the second meeting of the Mobile Online Betting Task Force on October 24. Mississippi Gaming Commission Director Advocates Critical Legislation for Mobile Sports Betting Jay McDaniel, the executive director of the Mississippi Gaming Commission, addressed the lawmakers, […]
Industry
October 19, 2023
Mississippi Gaming Commission Publishes September Sports Betting Report
Mississippi’s gambling regulator, the Mississippi Gaming Commission, published its sports wagering report for September 2023. The report highlights the performance of the state’s sportsbooks and shows which sports were the most popular among players. In terms of sports betting handle, the Magnolia State’s sportsbooks managed to surpass the $50 billion mark, exceeding the results recorded […]
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 […]
