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While the state of Tennessee has yet to amend its laws to allow sportsbooks in the state, Mississippi has and Tunica now operates sportsbooks that are easily accessible to those living in and around Memphis. Online sports betting can only be done via internaionally-licensed sportsbooks, some of which have now been in business for 20 years. Wagering on Mississippi and Tennessee schools is permitted at sportsbooks in the state.
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Bet on College Football in Tunica, MS
Gold Strike was the first Tunica sportsbook to open. These casinos are within an hour's drive from Memphis (faster travels Saturday and Sunday mornings typically).
These Mississippi-based sportsbooks have their advantages: Convenience, the overall experience of being in a physical sportsbook, and fast payouts at the counter. But unlike their counterparts online (the internationally-licensed sportsbooks), Mississippi will not be allowing mobile or online sports betting outside the casino establishments proper and you'll also need to be 21 or older (its 18 and up at the offshores).
The Mississippi sportsbooks enjoyed brisk business their first ever Week 1 of College Football.
Mississippi, sports betting revenue will be taxed at 8 percent by the state and at up to 4 percent by local governments, so this is passed down to the gamblers, whose winnings are reported to the IRS. The offshore sportsbooks do not impose taxes or report them to the IRS. That process is left up to the individual.
There Mississippi casinos are either currently operating a sportsbook or will be shortly:
Beau Rivage
Gold Strike
Harrah’s
Horseshoe
IP Casino
Sam’s Town
Hollywood Gulf Coast
Boomtown
Hollywood Tunica
Resorts Tunica
Jackpot Casino
Golden Nugget Biloxi
Palace Casino
Hard Rock Biloxi
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