Mississippi Sports Betting Online
A proposed mobile sports betting bill could bring online wagering to Mississippi as early as July 2021.
State Senator Scott DeLano introduced Senate Bill 2396 Monday, which contains language that would amend Mississippi’s current sports betting laws to include online wagering. Retail sports betting was legalized in the state in August 2018.
DeLano’s proposed measure seeks to expand the current sports betting laws to “legalize online betting, gaming and wagering on sporting events, athletic events and events authorized by the Mississippi Gaming Commission under certain conditions; and for related purposes.”
Mississippi state laws do not directly prohibit the use of internet-based offshore sportsbooks for betting or do US federal gambling laws. Therefore, MS players are free to use the offshore online sportsbooks. Mississippi Retail Casinos. Bay Saint Louis. Hollywood Casino – Gulf Coast. Hollywood Casino – Gulf Coast is operated by Penn National Gaming with nearly 40,000 square feet of. Mississippi Sports Betting Sites Legal MS Sportsbooks Online. A guide providing insight for Mississippi sports betting fans looking for information about sports wagering opportunities are available to MS residents, including legal Mississippi sportsbooks online.
The bill doesn’t include specifics on tax rates, licensing fees, or the number of online licenses allotted. It does outline a structure that allows each awarded license to operate one online sports betting platform.
July 1 Target Date For Online Sports Betting
The bill would go into effect on July 1, 2021, if approved. The road to approval would include passing through the state House and Senate before getting the final green light from Governor Tate Reeves.
The introduction of SB 2396 marks the third consecutive year an online sports betting bill has been proposed in Mississippi. State Rep. Cedric Burnett introduced measures similar to SB 2396 in both 2019 and 2020, but neither bill made it to a vote in the House.
Mississippi Online Sports Betting Bill
Mississippi hosts 36 land-based casinos, most of which offer retail sports betting on-property. Companies like FanDuel, DraftKings, and William Hill already operate land-based sportsbooks in the state.
Does Mississippi Have Sports Betting
With sports betting biggest brands already operating in Mississippi, The Magnolia State looks like a prime market for an expansion into online sports betting.
Mississippi Sports Betting Locations
According to figures from the Mississippi Gaming Commission, Mississippi’s retail sportsbooks took $55.3 million in wagering handle for December 2020, producing $7.76 million in taxable revenue. Sports betting revenue in Mississippi is taxed at 12% (8% to the state and 4% to local government).