/Nearly $10 million bet legally in first month of Mississippi sports gambling

Nearly $10 million bet legally in first month of Mississippi sports gambling

Allen Godfrey (executive director of the gaming commission) stated that although we didn’t have expectations, these numbers seem positive. On Aug. 1, the Beau Rivage in Biloxi, and the Gold Strike Tunica were the first Mississippi casinos to offer betting on sports. Since then, 18 additional casinos have opened sports betting rooms. Mississippi imposes a 12 per cent tax on the gross casino gaming revenues. Legislators added a measure to allow sports betting revenue to be used for transportation funding in the just concluded special session. The $9.8 million figure for sports betting includes winning and losing bets. It is therefore not the amount that will be subject to tax. This month, the figure for taxable revenue will be released. On Aug. 30, the Golden Moon Casino in Philadelphia opened a betting room. Bok Homa Casino, Sandersonville, opened a betting room on Sept. 1. Two Choctaw casinos do not belong to the current 20 sports betting options that are regulated by the gaming Commission.