Massachusetts Sports Betting Revenue Reporting: Month-by-Month

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.

The sports betting market in Massachusetts is relatively new. 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 Revenue: January vs. December

Total Handle Mobile HandleRevenue (GGR)
January $651.747M $637.985M $71.131M
December $658.697M $643.160M $60.550M
Change Down 1.1% Down 0.8% Up 17.5%

Massachusetts Sports Betting Handle and Revenue: January 2024

The first month of the calendar year produced a mixed bag of results for Massachusetts sportsbooks, with a slight month-over-month decrease in total handle, offset by a jump in sports betting taxable revenue and taxes.

The total handle for Massachusetts sports betting operators in January finished up at $651,747,269, down 1.1% from December’s total of $658,697,371. Of that, $637,984,750 came from mobile wagers (down 0.8% from December’s total of $643,160,183), with a total retail handle of $13,762,520 (down 11.4% from December’s sum of $15,537,188).

Massachusetts’ sports betting taxable revenue total of $71,130,795 represented a 17.5% jump from December, when the same operators took in $60,550,155, while the Commonwealth’s sports betting tax bill ($14,165,773) was up 17.6% from December’s total of $12,045,361.

As far as individual operators were concerned, the top Massachusetts online sportsbook in January was DraftKings Sportsbook at $311,414,402 in handle, followed by FanDuel Sportsbook ($194,031,543), ESPN BET ($45,405,488), BetMGM ($36,808,219) and Caesars Sportsbook ($22,534,767).

As far as retail sports betting market share was concerned, Encore Boston Harbor led the way in January at $6,129,887, ahead of Plainridge Park ($5,750,360) and MGM Springfield ($1,882,273).

Massachusetts Mobile Sports Betting History

Massachusetts Sports Betting Handle, Revenue and Taxes FAQs

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