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Lawmakers Could Revisit Mississippi Sports Betting In Special Session

Mississippi sports betting Within a law addressing daily fantasy sports , they removed language preventing sports betting within the Magnolia State: (a) No wagering shall be allowed on the outcome of any athletic event, nor on any matter to be determined during an athletic event, nor on the outcome of any event which does not take place on the premises. Once the Supreme Court struck down PASPA in May, the door opened for Mississippi to engage in single-game sports wagering. The Mississippi Gaming Commission proposed draft regulations to govern sports betting in May. After a 30-day public review period, the MGC approved the proposed rules largely intact last week. What Mississippi sports betting will look like There are 28 casinos in the state, including properties of major players like MGM Resorts and Caesars. MGM teased a July 21 sports betting launch on Twitter before stepping back from the announcement. Both casinos are getting ready , as are others in the state . Mississippi sports betting will be restricted to land- and water-based casinos with minimal exception. Mobile wagering will be permitted only while on the property of a land- or water-based property. It also requires in-person signup at a physical sportsbook on that property. Sports betting revenue will be taxed at 12 percent of revenue, with eight percent going into state coffers and four percent designated for local municipalities.

For the original version including any supplementary images or video, visit https://www.legalsportsreport.com/21656/mississippi-sports-betting-special-session/

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