MA online sports betting handle down 27% to $323.5m in June
| By Robert Fletcher
Players in Massachusetts spent $323.5m betting on sports online in June, a 27.1% drop from the amount wagered in May.
June was the third full month of legal online betting in the state. The total bet was lower than $443.6m in May and $566.2m in April, the first month of regulation.
An additional $8.5m was spent by players betting at land-based locations across the state. Total handle for the month stood at $332.0m, down 27.0% month-on-month.
In terms of taxable revenue, online’s share amounted to $32.1m. This was 46.3% less than $59.4m in May, due to the handle decline.