Massachusetts Sports Betting Revenue Reporting: Month-by-Month

By Editorial Staff

@BetMAdotcom

April 22, 2025 01:40pm

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, March vs. February

The madness of March produced strong results for Massachusetts sports betting operators, with a total wagering handle that was 23% higher than the total produced during February - with even greater returns for online sports betting operators in the Bay State.  

Overall, Massachusetts’ sports betting handle in March wrapped up at $772,454,574, up 23.0% from February’s total of $628,170,780, while the state’s mobile sports betting handle grew by 23.2% month-over-month, from $618,587,815 in February to $761,828,937.  

On the revenue side, things weren’t so rosy, with $52,118,800 in sports betting taxable gaming revenue, down 20.5% month-over-month, while sports betting taxes in March wrapped up at $10,410,483, down 20.6% from February’s total of $13,103,806.  

As far as online sports betting market share was concerned, DraftKings Sportsbook was top dog in Massachusetts during March, with a total handle of $375,156,506, ranking well ahead of FanDuel Massachusetts ($208,366,732), BetMGM ($72,055,872) and Fanatics ($48,339,860). Other top performers when it came to online sports betting handle in March were ESPN BET ($26,514,259), Caesars Sportsbook ($26,249,854) and Bally Bet ($5,145,853).  

When broken down by taxes collected, things were even more dominant for DraftKings Sportsbook, which chipped in $5,687,066 to Massachusetts’ coffers in March, more than doubling the next closest operator (FanDuel, at $2,761,707), while BetMGM ($816,211), Fanatics ($419,699), Caesars Sportsbook ($340,259), ESPN BET ($309,793) and Bally Bet ($35,917) were next in line.  

On the retail side, Encore Boston Harbor led the way, handle wise, at $5,648,111, beating out Plainridge Park ($3,328,327) and MGM Springfield ($1,649,200) in the Bay State during the third month of the calendar year.  

Massachusetts Mobile Sports Betting History