Mississippi rings up $1 million in revenue from sports betting

People have wagered $116 million on sporting events at Mississippi
casinos, resulting in $1.03 million in tax revenue for the state since
the U.S. Supreme Court ruled federal law could not prevent states from
allowing sports betting.

The first Mississippi casinos
began offering sports betting in August. The state collected $54,000 in
revenue that month. In November, $188,000 in revenue was collected.

Allen Godfrey, executive director
of the state Gaming Commission, said there are still a few of the
state’s 28 casinos not offering sports wagering.

Casinos pay a 12 percent tax – 8
percent to the state and 4 percent to the local government where they
are located – on their winnings from the gambling games they offer,
including on earnings from sports bets.
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