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.
| Total handle | Mobile handle | Revenue (AGWR) |
June | $532.727M | $525.489M | $62.050M |
May | $655.788M | $645.704M | $80.732M |
Change | Down 18.8% | Down 18.6% | Down 23.1% |
As the temperatures rise, the sports betting handle falls, and that was the case with Massachusetts in June.
Bay State bettors wagered $532,726,539 during June, according to data released by the Massachusetts Gaming Commission on its website. That handle was 18.8% less than the $655,788,462 the MGC reported in May.
Sportsbooks also saw revenues take a hit as they earned $62,050,291 in June, off 23.1% from the $80,732,077 they won in May in a month-over-month comparison. As operators won less, Massachusetts also collected less. Sports betting taxes fell from $16,104,935 in May to $12,386,337 last month.
Online sports betting accounted for 98.6% of the action in June, with the state’s licensed apps taking $525,489,438 in wagers. That was off by 18.6% from the $645,703,633 mobile handle reported in May.
DraftKings once again retained its position as Massachusetts bettors placed $266,142,973 in wagers with the Boston-based sportsbook. FanDuel was second with a handle of $138,950,594 and was followed by BetMGM Massachusetts Sportsbook ($45,778,104), Fanatics ($37,845,163), Caesars ($17,590,434), ESPN BET ($15,199,129) and Bally Bet ($3,983,040).
DraftKings also accounted for more than half of the revenue generated from Massachusetts sports betting as it reported revenues of $31,423,666, and FanDuel generated $17,443,469. They were followed by BetMGM ($5,161,059), Fanatics ($4,617,648), ESPN BET ($1,473,852), Caesars ($1,228,893) and Bally Bet ($227,277).
Massachusetts saw modest year-over-year growth in its sports betting market as the total handle rose by 3.8% compared to the $509,316,747 from June 2024.
The Massachusetts Gaming Commission reports its figures for sports betting once a month, about 15 to 20 days after the previous month ends.
Author
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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