Current:Home > FinanceMississippi lawmakers advance bill to legalize online sports betting -Ascend Finance Compass
Mississippi lawmakers advance bill to legalize online sports betting
PredictIQ View
Date:2025-04-09 02:45:07
JACKSON, Miss. (AP) — A bill advancing in Mississippi’s Legislature would legalize online sports betting in the state, where analysts say consumer demand continues to fuel a thriving black market.
A Mississippi House committee advanced the legislation Tuesday, calling it the Mississippi Mobile Sports Wagering Act. The bill would legalize mobile sports betting while requiring gambling companies to contract with brick-and-mortar gambling establishments. Sports wagering has been legal in the state for years, but online betting has remained illegal amid fears the move could harm the bottom line of the state’s casinos.
Estimates show Mississippi could bring in over $25 million a year in tax revenue, said Republican Rep. Casey Eure of Saucier, the bill’s prime sponsor. Changing the law would also undercut the influence of illegal offshore sports betting platforms in Mississippi, which leads the nation in illegal online sports betting Google searches, according to data presented by lawmakers.
“Once you legalize mobile sports betting, you do away with a lot of that illegal market,” Eure said.
Across the U.S. each year, illegal betting sites see about $64 billion in wagers, Eure said. Mississippi makes up 5% of that market, which is about $3 billion in illegal bets.
Mobile sports betting is already legal in 29 states and Washington, D.C., according to the American Gaming Association. There is active legislation in five other states, including Mississippi.
Geolocation data obtained by the company GeoComply Solutions Inc. showed millions of hits from mobile devices located in Mississippi accessing legal sports betting sites in other states. In neighboring Tennessee and Louisiana, online sports betting has been legal since 2020 and 2022, respectively.
If the Mississippi law passes, online gaming platforms would have to reach an agreement with licensed gambling establishments to establish an online sports betting presence in the state. But Democratic House Minority Leader Robert Johnson of Natchez, who voted against the bill, said that provision didn’t guarantee smaller casinos in rural areas of the state would be protected.
“When you say protecting brick-and-mortar casinos, there’s no reason for a casino in Vicksburg, Natchez or Greenville to believe that a large national sports (betting) company would have any incentive to partner with anybody other than the people they’re partnering with already,” Johnson said.
The bill awaits consideration by the full House.
___
Michael Goldberg is a corps member for the Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues. Follow him at @mikergoldberg.
veryGood! (97)
Related
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Jean Smart, Ariana Grande, Michael Keaton among hosts for ‘SNL’ season 50
- Georgia Sen. Jon Ossoff seeks more control over postmaster general after mail meltdown
- Houston officer shot responding to home invasion call; 3 arrested: Police
- Trump's 'stop
- Florence Pugh Addresses Nasty Comments About Her Weight
- People We Meet on Vacation Cast Revealed for Emily Henry Book's Movie Adaptation
- Houston officer shot responding to home invasion call; 3 arrested: Police
- Don't let hackers fool you with a 'scam
- USWNT loses to North Korea in semifinals of U-20 Women's World Cup
Ranking
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- The Smoky Mountains’ highest peak is reverting to the Cherokee name Kuwohi
- 'STOP!' Meet the humble heroes keeping kids safe every school day
- Atlantic City mayor, school superintendent wife indicted on child abuse charges
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Jimmy Carter's Grandson Shares Update on Former President Ahead of 100th Birthday
- Oversight board says it will help speed up projects to fix Puerto Rico’s electric grid
- Travis Kelce’s Jaw-Droppingly Luxe Birthday Gift to Patrick Mahomes Revealed
Recommendation
DoorDash steps up driver ID checks after traffic safety complaints
Man admits falsifying violent threats after fantasy football argument
Maternal deaths surged in Texas in 2020, 2021
Florence Pugh Addresses Nasty Comments About Her Weight
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Gun violence data in Hawaii is incomplete – and unreliable
Eva Mendes Shares Her and Ryan Gosling's Kids Are Not Impressed With Her Movies
Connecticut aquarium pays over $12K to settle beluga care investigation