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: April vs. March

Total Handle Mobile HandleRevenue (GGR)
April $603.254M $591.515M $49.378M
March $654.933M $642.251M $46.226M
Change Down 7.9% Down 7.9% Up 6.3%

Massachusetts Sports Betting Handle and Revenue: April 2024

The end of March Madness resulted in a slight market correction in sports betting handle but saw a slight increase in gaming revenues and taxes to offset things a bit in the Commonwealth.  

Overall, Massachusetts sportsbooks took in a total wagering handle of $603,253,751 in April, down 7.9% from March’s total of $654,933,312, while the state’s mobile sports betting handle of $591,515,465 was down 7.9% from March’s total of $642,251,299 and the retail handle of $11,738,286 was down 7.4% from March’s sum of $12,682,013.  

That drop in wagering handle didn’t knock the Bay State’s sports betting revenues, however, with operators chipping in $49,121,726 in taxable gaming revenues in April.  

That total represented a 6.3% increase from March’s total of $46,225,905, which helped Massachusetts sportsbooks chip in $9,918,583 in taxes during the fourth month of the year, up 7.7% from March’s total of $9,208,593.  

As far as market share was concerned, DraftKings Massachusetts was the top dog in terms of online wagering handle, at $304,119,154, followed by FanDuel Sportsbook ($176,319,924), BetMGM ($40,423,431), ESPN BET ($27,901,789), Fanatics ($22,779,153) and Caesars Sportsbook ($19,972,015).  

The top Massachusetts’ retail operators by total handle in April were Encore Boston Harbor ($5,151,769), Plainridge Park ($4,641,890) and MGM Springfield ($1,944,627), putting a bow on the fourth calendar month of 2024 in the Bay State.  

Massachusetts Mobile Sports Betting History

Massachusetts Sports Betting Handle, Revenue and Taxes FAQs

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The veteran team of Massachusetts sports betting experts behind BetMassachusetts.com.

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