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American
sports betting and daily fantasy sports shake up continues; Mississippi -
21st
September 2018
New
Jersey, New York way ahead Mississippi
operators pocket $6.3m in first month - 21st September 2018 FanDuel
number one sportsbook in New Jersey for July 2018 Sports
betting in the United States at fever pitch; Betting operators team up with casinos 
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Licensed
operators in Mississippi took a total of $6.3m (£4.8m/€5.4m) in sports
bets during the first full month of regulation, but this figure is set to increase
considerably as more companies launch in the US state. This
handle corresponds to $644,000 in revenue for casinos and $77,000 in tax income
for the state. Baseball
proved to be the most popular sport, attracting $3.3m in bets in August, while
punters wagered $1.4m on parlay betting and $1.3m on American football. Mississippi
went live with a legalised market on August 1 and the first month of regulation
in the state saw a number of companies roll out sports betting. Caesars
Entertainment, in partnership with Scientific Games, along with MGM and Churchill
Downs were among those to take bets in August. However,
MGM was the only company to be live on day one, with others not launching until
later in the month, skewering the total revenue figures for August. SBTech
did not launch in Mississippi until early September while William Hill, which
obtained a licence in the state last month, recently announced a link-up with
Eldorado that will cover 11 states, including Mississippi. In
addition, International Game Technology last week joined forces with the Mississippi
Band of Choctaw Indians in a move that will see it launch sports betting at the
Pearl River Resorts' Golden Moon Hotel & Casino and Silver Star Hotel &
Casino in Choctaw, as well as the Bok Homa Casino in Sandersville. Mississippi
was some way behind New Jersey – which has also moved to legalise sports
betting since the withdrawal of PASPA – in its first month. However,
Mississippi was at a disadvantage due to the fact that fewer operators were live
in month one and, unlike New Jersey, it does not currently offer online or mobile
sports betting. New
Jersey operators took $40.6m in sports wagers in July and this figure rose to
$95.6m in the second month, which included additional revenue from online and
mobile. Mississippi
Gaming Commission executive director Allen Godfrey also told Legal Sports Report
that had the period been extended to September 3, the figure would have stood
at $9.8m. These extra days included the start of the college American football
season. 
FanDuel
hits the top spot in New Jersey - 15 August 2018 
FanDuel
is targeting the start of the NFL season after figures showed it became New Jersey’s
No.1 sportsbook during its debut month.
The
state’s sports betting venues took in $40.6m (£31.9m/€35.8m) in
wagers in July, the first full month after wagering was legalised in New Jersey
in June. Figures released by the state’s gambling regulator show that five
venues reported gross gaming revenue of $3.8m, which was only slightly up on the
$3.6m posted in June despite betting only being legalised midway through the month. FanDuel
only went live with its brick-and-mortar sportsbook at Meadowlands Racetrack on
July 14 but was the most popular venue, with its $1.36m making up around a third
of total gaming revenue. William
Hill’s partners, Monmouth Park and the Borgata casino, both experienced a
month-on-month drop. Monmouth Park’s revenue was down by almost two thirds
from $2.28m in June to just $856,000 in July, with the Borgata down 42% to $563,000. In
a statement released to iGamingBusiness.com, FanDuel said: “We are very pleased
with the first month of the FanDuel Sportsbook in New Jersey. “We
are thrilled that customers are enjoying their experience at the FanDuel Sportsbook
at the New Meadowlands Racetrack, and are excited to commence the football season
and the opening of our permanent facility.” The
Paddy Power Betfair-owned brand is set to launch its digital sportsbook ahead
of the start of the NFL season on September 6. At present the DraftKings Sportsbook,
partnered with Resorts Casino Hotel, is the only mobile sportsbook available in
New Jersey, although it only launched in August so is not included in the latest
New Jersey results. The
results show that sports betting has some way to go before it can be considered
a mature market in New Jersey. Total gaming revenue across the industry was up
almost 13% year-on-year at $302.1m, meaning sports betting made up just over 1%
of the regulated sector in July. Internet Gaming Win was $25.9 million in July
compared to $20.6m in the prior period. Meanwhile,
Resorts Casino Hotel will become New Jersey’s seventh over-the-counter sportsbook
later today (Wednesday). Powered
by SBTech, the sportsbook will feature six betting windows, four self-service
kiosks and a 12-foot video wall with 15 television screens. News American
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