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Revenue For Mississippi’s Casinos Surged Over $210 Million In May

Mississippi’s 28 casinos generated a total of $210,233,215 in May revenue. Just the second time this year revenue eclipses $210 million.

Huge Geyser Explodes Water At Sunset with Mississippi gambling May 2023 revenue
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J.R. Duren Avatar
1min read

Mississippi casinos saw a slight increase in monthly revenue in May, pulling in around $2 million more than they did in April. Total revenue for the year surged past $1 billion.

On a daily average revenue basis, May’s casino revenue numbers were down around $200,000 a day. Sports betting revenue totaled $3.2 million in May, down around $1.1 million month-on-month.

Mississippi’s coastal casinos keep positive revenue afloat

In May, Mississippi’s 28 casinos generated a total of $210,233,215 in revenue. It’s only the second time this year that number has eclipsed $210 million, according to data from the Mississippi Gaming Commission.

Here’s how those revenue numbers compare to the rest of the year across Mississippi’s three casino regions:

MonthCentral RegionCoastal RegionNorthern RegionTotal
January$26,629,873$129,430,640$45,887,016$201,947,529
February$27,512,611$133,443,061$45,443,430$206,399,102
March$32,292,773$142,101,406$52,383,951$226,778,130
April$28,672,846$131,244,684$49,481,153$209,398,684
May$27,168,293$135,395,413$47,669,509$210,233,215
Total$142,276,396$671,615,204$240,865,060$1,054,756,659

The Coastal region saw a more than $4 million increase in revenue, which help balance out declines in revenue in the state’s Central and Northern regions.

Sports betting handle and revenue drop month-on-month

Mississippi sportsbooks generated $26.7 million in handle and $3.2 million in revenue, according to MGC data. Both figures represent monthly declines. In April, sportsbooks took in $31.8 million in bets and had a combined $4.3 million in revenue.

Here’s how those numbers look on a regional basis:

Coastal

Sports TypeHandleRevenueWin Percentage% Change, Monthly
Football$79,200.10-$15,057.36-19.01%45,196.52%
Basketball$6,262,250.02-$227,229.56-3.63%-9.32%
Baseball$5,134,205.54$423,504.518.25%-2.96%
Parlays$2,315,272.44$678,060.6429.29%4.94%
Other$2,960,615.18$463,315.8915.65%-80.43%
Overall$16,751,543.28$3,399,941.267.90%-24.86%

Central

Sports TypeHandleRevenueWin Percentage% Change, Monthly
Football$48,875.45-$32,688.58-66.88%-82.12%
Basketball$2,758,807.01$352,597.1912.78%3.82%
Baseball$1,609,433.71$365,464.2222.71%4.82%
Parlays$2,463,930.01$609,113.2424.72%4.38%
Other$290,973.84-$59,560.78-20.47%-118.92%
Overall$7,172,020.02$1,234,925.2917.22%-1.71%

Northern

Sports TypeHandleRevenueWin Percentage% Change, Monthly
Football$5,813.99$1,814.9831.22%861.12%
Basketball$1,071,683.10$290,229.6727.08%17.67%
Baseball$735,810.97$66,450.319.03%4.68%
Parlays$753,874.63$231,246.8330.67%10.56%
Other$270,944.61$33,691.5712.43%-50.41%
Overall$2,838,127.30$623,433.3621.97%3.35%

The state’s Northern region was the only one to post positive revenue across all sports and a positive month-on-month percentage.

J.R. Duren Avatar
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J.R. Duren has covered the gambling beats for more than a dozen states for Catena Media since 2015. His past reporting experience includes two years at the Villages Daily Sun, and he is a first-place winner at the Florida Press Club Excellence in Journalism Contest.

View all posts by J.R. Duren

J.R. Duren has covered the gambling beats for more than a dozen states for Catena Media since 2015. His past reporting experience includes two years at the Villages Daily Sun, and he is a first-place winner at the Florida Press Club Excellence in Journalism Contest.

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