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After Strong September, Mississippi Gambling Revenue Dips 9% In October

Mississippi casinos won $191.1 million in October revenue, down 9.0% over the previous month and 7.4% compared to October 2022.

Money Chips, Playing Cards On Casino Table with Mississippi gambling October 2023
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J.R. Duren Avatar
1min read

If September was a month to remember, October was a month to forget for Mississippi’s casino and sports betting revenue.

This past month, casinos generated $191.1 million in revenue, down 9.0% over the previous month and 7.4% compared to October 2022, according to data from the Mississippi Gaming Commission.

Sports betting revenue took a small dive, too, dipping 9.8% month-on-month and 4.5% year-on-year.

Mississippi casino revenue hits lowest in more than two years

Across the board, the state’s three gaming regions saw their gaming revenue in October fall from $210.0 million in September to $191.1 million. This is the lowest total since February 2021, as shown on the Mississippi Gaming Commission’s October report.

While the total revenue from Mississippi casinos was alarmingly low, there was nothing surprising about an October revenue drop. In four of the past seven years revenue has dropped from September to October.

October, September Revenue Comparison Mississippi Casinos

Sports betting sees monthly and yearly drop

After a booming September, Mississippi sports wagering revenue returned to reality in October, posting losses on a monthly and yearly basis.

Yet the drop was understandable, as Mississippi’s September gaming revenue total was incredibly high. For example, September’s revenue for the state’s sportsbooks generated was more than June, July, and August combined.

October’s revenue and handle ranked second to September this year.

MonthTotal Sports Betting HandleMonth-on-Month ChangeTotal Sports Betting RevenueMonth-on-Month Change
October$49,503,678.86-4.2%$7,344,506.26-9.8%
September$51,647,914.72141.4%$8,144,027.54202.6%
August$21,392,231.3820.7%$2,691,243.609.2%
July$17,728,738.50-13.2%$2,463,671.4233.3%
June$20,414,901.65-23.7%$1,848,676.33-41.9%
May$26,761,690.60-15.9%$3,180,952.77-26.8%
April$31,805,003.88-31.9%$4,347,138.17
229.8%
March$46,689,391.6517.3%$1,317,945.4122.8%
February$39,807,504.26-30.4%$1,073,092.92-25.3%
January$57,223,250.63N/A$1,436,956.47N/A
Total$313,470,627.27N/A$26,503,704.63N/A

On a region-by-region basis, Mississippi’s central and northern regions saw their revenue jump around $540,000 compared to September, but their gains weren’t enough to balance out the $1.3 million monthly decline that the coastal region tallied in October.

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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