House Minority Leader Democratic Rep. Robert Johnson III (D-Natchez) is concerned about smaller casinos being choked out of the market, with larger casinos more quickly partnering with sports betting outfits.<\/p>\n
Eure estimates the “Mississippi Mobile Sports Wagering Act” could generate between $25 million and $35 million in revenue during the first year if enacted. He believes changing the current laws would undercut the influence of illegal offshore sports betting platforms in Mississippi.<\/p>\n
Once you legalize mobile sports betting, you do away with a lot of that illegal market,\u201d<\/strong> Eure said.<\/p><\/blockquote>\nIn presenting his bill, Eure noted that illegal betting sites see about $64 billion in wagers yearly. Mississippi makes up 5% of that market, about $3 billion in illegal bets.<\/p>\n
The American Gaming Association says mobile sports betting is legal in 29 states and Washington, D.C.<\/p>\n
If the Mississippi House passes Eure’s proposal, the bill will move to the Senate. Consideration in the Senate includes a committee and a full vote on the Senate floor. If there are any amendments to the bill in any way, it would go back to the House for approval.<\/p>\n","protected":false},"excerpt":{"rendered":"
Legalized online sports betting is a step closer in Mississippi. On Tuesday, the House Gaming Committee approved HB 774, the “Mississippi Mobile Sports Wagering Act.” In-person sports wagering has been legal in the Magnolia State since 2018. But online betting remains outlawed over worries mobile bets could erode casino profits. HB 774 would legalize mobile […]<\/p>\n","protected":false},"author":98,"featured_media":308838,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,13,13592,86436,1074],"tags":[],"acf":[],"yoast_head":"\n
Mississippi Mobile Sports Betting Bill Advances - Casino.org<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n