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 |
September | $800.264M | $789.354M | $52.339M |
August | $545.299M | $537.445M | $55.802M |
Change | Up 46.8% | Up 46.9% | Down 6.2% |
September in Massachusetts set a new record for sports betting, according to the latest figures from the Massachusetts Gaming Commission. The Red Sox playoff push and the emergence of the Patriots' Drake Maye helped push the monthly handle to $800,264,265, up 46.8% from August ($545,299,398).
That marks the highest month handle since the state launched sports betting in March 2023.
Mobile wagering accounted for $789,354,964 of the Massachusetts September sports betting handle. That was up 46.9% from August ($537,444,501).
The top performing Massachusetts online sports betting apps in September, by handle, were Boston-based DraftKings ($409.586M), FanDuel ($192.628M), Fanatics ($83.154M), BetMGM ($51.356M), Caesars Sportsbook ($24.576M).
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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