Online Casino and Gambling in Mississippi

When gambling in the United States is the topic, the first thoughts that usually spring to mind are Las Vegas, extravagant casinos and an endless aisle of slot machines dropping coins in the dispenser, but outside of  Sin City lives a reality about gambling that not many Americans are aware of. Each state has its own laws and regulations that determine what’s legal and what’s not regarding gambling and it’s only until recently that the debate of online betting has been taken into congress for consideration. Only a handful of states have regulated state-wide online betting and while the debate is still in its infancy, there are a number of other states that are rumoured to follow suit. There are many pros and cons about a fully regulated online betting market but it’s up to the individual states to decide whether this will become possible. We’ll delve a little deeper into the gambling laws in Mississippi to ensure people residing in the state have a better understanding of the legal landscape and the possibility of any updates in the near future. 
 

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What Type Of Gambling Is Allowed In Mississippi

Land based casino are allowed to operate in Mississippi with the full range of games, from slots to table games and everything in between. Tribal casinos are still a big thing in Mississippi and many river boat casinos have been docked and fully operational for a couple of years.  gaming icon

Live poker is allowed in Mississippi and players looking to engage in poker tournaments, cash games or sit n’ go’s can do so in one of the many poker rooms available located inside the land-based casinos but online poker remains illegal. A bill to legalize online poker was drafted back in 2012 but never materialized and there wasn’t another attempt to regulate it ever since. 

Sports betting was strictly prohibited in any shape or form in Mississippi but as of August 2018, it’s been legalized but only permitted if wagered at land-based casinos. It’s a start, and sports fans who want to try their luck can head down to Tunica or Biloxi to place wagers on a number of sports but for punters to benefit from competitive odds, more casinos will need to jump on the bandwagon and start offering sports betting as part of their gambling profile. 

 

Sports Betting: Online vs Land-Based
 

Online Sports Betting Land-Based Sports Betting
Can wager bets at anytime Can only bet during specific times
Winning bets are directly credited to your account Winning bets have to be cashed out in person
Ability to bet in-play Only pre-match bets are allowed
Regular promotions and bonuses Bonuses are non-existent
Huge number of sports to bet on Limited betting options available
Can place bets from anywhere Bets only accepted at selected casinos
Very competitive odds due to competition Odds aren’t as appealing as those of online bookmakers

 

Fantasy Sports Leagues are not games of chance and players participating in these leagues will need to stay abreast of the sport in question to even stand a chance of succeeding in these leagues. In-depth statistical data must be analyzed, knowledge of injuries and rivalries are just a few data points that participants should be aware of when playing fantasy sports leagues. The state of Mississippi has legalized fantasy sports leagues but the law does allow fantasy sites to organize leagues with limitless participants, on the condition that the competition has entry fees of $50 minimum and the total number of limitless entries comprise less than 2% of all contests offered by Mississippi. 

Lotteries are another form of ‘betting’ which is widely available throughout the United States and it’s only since August of 2018 that Mississippi introduced state lotteries.

 

Future of Mississippi Online Gambling

2018 was a big year for the improvements in the rigid law of online gambling in Mississippi, with August being the big month in which bills were passed to start the regulation process. Before then, no online betting in any shape or form was tolerated or allowed, but the integration of sports betting and lotteries into the market gives hope that the perception surrounding gambling in general is changing and the changes will most likely have a snowball effect on other forms of gambling. It’s a slow process and punters keen to make wagers online will need to wait for the bill to be drafted and taken into effect and just like other regulated states, only people within the Mississippi state border will be allowed to gamble online, when and if the time comes. 

Until then, players have a dozens of land-based casinos to choose from offering the whole range of table games and slots with enough live poker rooms to satisfy any poker players’ needs. 

 

Mississippi Gambling Revenue

There’s a lot of money to be made by the state from gambling and the industry generates over $2.1 billion with over $140 million tax revenues collected in a single year. The revenue is generated from land-based operations alone and the main issue with mississippi iconregulating the online betting market relates to the competition coming from foreign, experienced operators. Land-based casino know the perils of a fully regulated market because when players gamble online, they don’t have the need to step foot outside the door and with the dedicated casino and betting apps, punters are able to play their favourite games wherever their heart desires. The convenience of playing online and through a mobile device trumps any traditional casino experience, which is why states across the nation are taking all matters into consideration before making history in the world of online gambling. With a fully regulated market in place, one which allows all online gambling, will significantly increase tax revenues for the state of Mississippi and as a result, will have a positive impact on the state as a whole. 

 

What A Full Regulated Online Market Really Means

Once online betting becomes fully regulated in the United States, it will, without a doubt, change the gambling culture in the states for good. Once the market opens, it will open the door to international casino and sportsbook operators, who will sweep in and dominate the market with their decades of experience in dealighting casino players. The average online casinos will stock around 400 games in their game lobbies, ranging from online slots, table games, live casino games, as well as video poker. The competition between online casino operators will inevitably lead to ‘bonus wars’, where welcome packages offered to new players will be bombastic, giving players much more Online Gambling iconthan they bargained for when making deposits. 

Having a fully regulated online gambling market also means that there will be a dedicated professional body overlooking casino and sportsbook operators every move to ensure players’ safety and security are safeguarded when gambling online. This means that players will never have any issues when requesting a withdrawal as conning players is a very serious offence and will most likely result in licenses being revoked, along with heavy fines. 

Overall, the advantages of having a fully regulated market outweigh having online gambling being prohibited, but with so many financial interests and social implications, states will make no rash decisions in regulating the market.