In September, sports betting in Massachusetts soared to $512.2m, a 62.7% increase from the previous month’s $314.9m. This figure represents the second-highest monthly total since the state launched legal online wagering in March. Of the total, $499.7m was from online betting, while $12.4m was spent at retail sportsbooks.
Moreover, there was a significant rise in taxable sports betting revenue, reaching $49.8m in September, a 119.4% increase compared to August’s $22.7m. Online betting contributed $49.0m to the total revenue, with retail wagering adding $783,017. Once again, this was only surpassed by May’s $59.4m, making it the second-highest amount generated since the start of legal online betting.
DraftKings continues to dominate the Massachusetts online sports betting market, generating $28.2m in revenue from $290.1m in bets. This betting handle achieved a new monthly high for a single operator. FanDuel secured the second position with $14.2m in revenue from $121.9m in bets. BetMGM followed in third, earning $3.7m from $33.5m in online bets.
Regarding the retail segment, MGM Springfield emerged as the leader with $289,320 in revenue from a $1.6m handle. Plainridge Park Casino recorded higher retail bets ($4.6m), but with slightly lower revenue of $282,699. Encore Boston Harbor processed the most wagers ($6.2m) among retail establishments, however, it generated the lowest revenue of $242,313.
In terms of land-based casino activity, Massachusetts experienced a decline as table and slots gross gaming revenue decreased to $90.4m, a 7.7% drop from August’s $97.9m. Physical slots revenue accounted for $62.9m, while table games revenue amounted to $27.5m. Combining sports wagering and casino revenue, the total reached $140.2m, indicating a 16.3% month-on-month increase. The state collected $9.9m in sports betting tax and $25.7m in land-based casino tax.
