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, May vs. April

 

Total handle

Mobile handle

Revenue (AGWR)

May

$655.788M

$645.704M

$80.732M

April

$690.255M

$680.541M

$65.941M

Change

Down 5.0%

Down 5.1%

Up 22.4%

Massachusetts sports betting operators saw traffic dip slightly in May, but data from the state’s gaming regulator showed the sportsbooks and mobile apps enjoyed a more profitable month compared to April.

The Bay State’s seven mobile and three retail operators took $655,788,462 in wagers for May, the Massachusetts Gaming Commission reported. That was down 5% from the $690,255.201 they reported in handle for April in a month-over-month comparison.

However, the market still shows signs of growth as May’s handle rose by 11.7% from the $587,262,703 that was bet in May 2024.

Bettors wagered $645,703,633 via mobile apps last month, a drop of 5.1% from the $680,540,587 they risked in April. The casino sportsbooks saw a modest increase of 3.8% in handle for May at $10,084,829, compared to the $9,714,614 in bets they accepted in April.

While the handle dropped, operators saw taxable revenues increase by 22.4% on a month-to-month basis. May’s total of $80,732,077 was nearly $14.8 million better than the $65,941,354 in revenue the sportsbooks and apps claimed in April.

The year-to-year difference was even more significant as May’s revenue total jumped 41.6% from the $57,025,686 operators reported in May 2024.

With revenues up, the commonwealth also saw its share increase. Sports betting operators paid $16,104,935 in taxes, a 22.3% increase from the $13,163,929 Massachusetts collected in April. Online operators accounted for nearly all the tax revenue as they paid $15,980,494 in April, up 22.1% from the $13,090,905 they paid in April.

Boston-based DraftKings remains the dominant player in Massachusetts sports betting as it reported a handle of $330,830,003 in June. FanDuel placed second as it took $171,877,557 in bets. They were followed by BetMGM ($49,210,361), Fanatics ($46,324,785) and ESPN BET ($21,938,884).

Encore Boston Harbor topped the brick-and-mortar operators with the Wynn Resort casino accepted $4,991,425 in bets during the month. Bettors placed $3,624,187 at Plainridge Park Casino, and MGM Springfield’s sportsbook took $1,469,217 in bets for May.

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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