Mississippi Sports Betting Online Expansion Set for 2025 Legislative Discussion
Mississippi online sports betting expansion efforts are poised to resume in 2025, following previous legislative attempts that stalled in 2024. Despite strong initial support in the House with a 97-14 vote, the bill faced significant amendments in the Senate before ultimately failing to reach consensus.
Key developments and considerations include:
Current Status:
- Sports betting limited to retail sportsbooks at 26 commercial and tribal casinos
- State missing potential tax revenue from online betting
- Residents using illegal betting sites or traveling to neighboring states
Casino Industry Support:
- Major operators like MGM Resorts, Caesars, and Penn Entertainment back online expansion
- Mississippi's casino industry generates $2.5 billion in annual revenue
- Industry creates 33,000 jobs and $760 million in yearly tax revenue
Sportsbook betting scenes and displays
Legislative Challenges:
- Disagreements over licensing and taxation methods
- Concerns about impact on physical casinos
- Questions about including online casino games
- Senate Gaming Committee Chair David Blount remains neutral pending specific legislation
Market Potential:
- New Jersey example shows online betting dominates market share
- NJ online sportsbooks handled $11.6 billion vs. $500 million retail (Jan-Nov 2024)
- Online betting generated $130.3 million in tax revenue compared to $2.8 million from retail
Looking Ahead:
- Mississippi joins Texas, Minnesota, and Georgia in considering sports betting legislation
- Currently 39 states plus D.C. have legalized sports betting
- 2024 saw minimal expansion with only Missouri legalizing
Success in 2025 will depend on legislators finding common ground between protecting existing casino interests and capturing the growing online betting market.