Massachusetts Sports Betting Revenue Reporting: Month-by-Month

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The experts at BetMassachusetts.com have assembled this guide to provide the latest updates on Massachusetts sports betting financial figures, which include handle, revenue and tax collections.

Sports wagering was legalized in the commonwealth in 2022. In-person sports wagering began in January 2023, and online/mobile wagering began in March 2023.

In Massachusetts, there are three categories of sports wagering licensees: Category 1, licensed casinos; Category 2, racetracks and/or simulcast centers, and Category 3, online/mobile operators.

Financial figures are specified by either retail licensees or online licensees. They also include data from Massachusetts sportsbook promos.

In Massachusetts, bettors have shown already they will wager hundreds of millions of dollars each month, and the vast majority of the sports gambling action is on online or mobile, via computers or mobile devices.

Sports wagering is taxed as follows: Category 1 & Category 2 Sports Wagering Licensees are taxed on 15% of gross sports wagering revenue, and Category 3 Sports Wagering Licensees are taxed on 20% of gross sports wagering revenue.

Massachusetts Sports Betting, October vs. September

 

Total handle

Mobile handle

Revenue (AGWR)

October

$892.184M

$879.579M

$71.301M

September

$800.264M

$789.355M

$52.339M

Change

Up 11.5%

Up 11.4%

Up 36.2%

Bay State sports bettors keep breaking records. According to data from the Massachusetts Gaming Commission, reported on Nov. 20, the sportsbooks licensed by the commonwealth accepted $892,184,193 in wagers during October, an all-time high for one month in the state.

That handle was 11.5% higher than the $800,264,265 reported in September, which was the previous record.

Online wagering accounted for $878,578,889 of October’s handle. That, too, was a record and 11.4% better than the $789,354,964 risked through mobile apps in September, which was also a high mark that stood for just one month.

October provided more treats than tricks for the licensed Massachusetts sports betting operators. Monthly revenues grew to $71,300,850, a 36.2% increase from the $52,339,297 they reaped in September.

Tax receipts grew accordingly. Massachusetts received $14,230,225 from operators in October. That was 36.2% more than the $10,448,514 they contributed to the state in September. 

DraftKings was the top operator by handle for the month, with the Boston-based book taking $447,446,648 in wagers during October. They were followed by: FanDuel ($237,255,814), Fanatics ($82,417,369), BetMGM ($54,963,337), ESPN BET ($27,712,222), Caesars ($25,001,170) and Bally Bet ($4,782,329).

DraftKings also led the state in taxable gaming revenue ($38,490,050) and taxes ($7,698,010).

The nationwide handle amount – from sports wagering in more than 30 states that have legal, regulated sportsbooks – in on track to set an all-time record. MA is one of 13 states to break their handle record already in October, with several heavy hitters yet to report their numbers. The national handle record is $16.242 billion, set in November 2024.

Massachusetts Mobile Sports Betting History

Massachusetts Sports Betting Handle, Revenue and Taxes FAQs

Author

Steve Bittenbender

Steve is an accomplished, award-winning reporter with more than 20 years of experience covering gaming, sports, politics and business. He has written for the Associated Press, Reuters, The Louisville Courier Journal, The Center Square and numerous other publications. Based in Louisville, Ky., Steve has covered the expansion of sports betting in the U.S. and other gaming matters.

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