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Massachusetts sets $658.7m sports betting handle record in December

| By Robert Fletcher
Massachusetts reported a record sports betting handle for the second consecutive month in December, with players wagering a total of $658.7m (£519.3m/€605.6m).
Massachusetts May

Combined sports betting and casino revenue in Massachusetts in December amounted to $163.6m, up 14.4% from November.

Starting with sports betting, the December handle narrowly beat the existing record of $654.4m set in November. The Bay State launched legal betting in March 2023.

Players spent $643.2m betting online during December and $15.5m at retail sportsbooks.

Revenue falls just short of Massachusetts record

Turning to taxable revenue from sports betting, this reached $60.6m in December. This was 23.9% ahead of $48.9m in November and just 0.7% behind May’s $61.0m monthly record.

Online betting accounted for $59.3m of all sports betting revenue in December, with retail’s share at $1.3m.

DraftKings the clear leader in online market

Looking at individual operators, DraftKings remains ahead of the pack in the online betting market. DraftKings posted $29.9m in revenue from $316.9m in online bets in December.

Flutter Entertainment-owned FanDuel was second in Massachusetts. The operator reported $19.3m in revenue off a $187.4m handle.

Placing some way behind in third was BetMGM with revenue of $3.1m from $39.2m in total online wagers.

As for the land-based sector, Plainridge Park Casino led the way with $534,411 in revenue from a $7.2m handle. Encore Boston Harbor followed with $499,411 off $6.4m, then MGM Springfield on $259,588 from $1.9m.

Massachusetts casino revenue improves to $103.0m

As for the casino market, revenue from land-based venues amounted to $103.0m. This was 9.6% ahead of $94.0m in November, including $68.7m from slots and $34.3m table games.

Encore Boston Harbor claimed top spot with $65.8 in total casino revenue. This comprised $36.2m in slots revenue and $29.7 table games.

MGM Springfield was second with $23.6m, of which $19.0m was slots revenue and $4.6m table games. Placing third was Plainridge Park Casino on $13.6m, with all this coming from slot games.

Massachusetts collected $12.0m in sports betting tax and a further $29.0m in casino tax. Total tax for the month stood at $41.1m. 

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