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    Home/News/Sports Betting

    Massachusetts Sports Betting Revenue Soars to Four-Month High in May

    iGaming Times · Published June 23, 2025 · Updated April 21, 2026

    Sports betting revenue in Massachusetts surged to $80.7 million in May, marking the highest monthly figure recorded since January of this year. This

    Sports betting revenue in Massachusetts surged to **$80.7 million** in May, marking the highest monthly figure recorded since January of this year. This substantial total represents a 41.6% increase year-on-year, highlighting strong growth in the state’s regulated sports wagering market. May’s taxable revenue comfortably cleared the $57 million reported in the same month last year and surpassed April 2025 by 22.5%. It was also the state’s second-highest monthly total for sports betting revenue, though it remained some way short of January’s $94.4 million record haul. Data from the Massachusetts Gaming Commission (MGC) showed that online betting generated the vast majority of this monthly revenue, contributing $79.9 million, while retail sportsbooks collected just $829,605. Player spending on sports betting also saw an increase, with a total handle of **$655.8 million** across online and land-based locations in May. This figure surpassed last year’s handle by 11.7% but fell 5% short of the $690.3 million wagered during April. Online spending for the month reached $645.7 million, with retail spend at $10.1 million. The state’s monthly hold figure for sports betting stood at 8.69%. ### DraftKings Maintains Strong Lead Among Operators Looking at individual operator performance, **DraftKings** continued to lead the online market by a clear margin in Massachusetts. It reported $41.6 million in revenue from $330.8 million in bets, resulting in a hold of 12.58%. **FanDuel** was a distant second, posting $23.1 million in revenue from $171.9 million in handle, achieving an impressive 13.44% hold. **Fanatics** secured third place with $5.8 million from $46.3 million, meaning a 12.53% hold. Other operators contributing to the state’s online sports betting revenue included BetMGM, which posted $4.9 million from $49.2 million in handle for a 9.96% hold. ESPN Bet finished May with $2.6 million from $21.9 million, resulting in an 11.87% hold. Caesars reported $1.7 million from a $20.7 million handle for an 8.21% hold. Bally Bet propped up the online market with $211,173 from $4.9 million, meaning a hold of 4.34%. In the land-based sports betting sector, Encore Boston Harbor led the way with $545,918 from a $5 million handle for a 10.94% hold. Plainridge Park Casino followed with $283,687 from $3.6 million, resulting in a hold of 7.83%. MGM Springfield, meanwhile, did not post any revenue despite taking $1.5 million in bets during the month. ### Casino Revenue Exceeds $100 Million The Massachusetts Gaming Commission (MGC) also released data for its land-based casino market. Total revenue from slots and table games in May was **$105.4 million**, representing a 7.9% increase from last year. This total included $75.5 million from slots revenue and $29.8 million in table games revenue. Among the land-based casinos, Encore Boston Harbor led the way with $63.3 million in revenue. MGM Springfield followed with $25.4 million, and Plainridge Park secured $16.6 million, all of which came from slots. In terms of tax contributions, the state collected a total of $46.4 million in May. Of this, $16.1 million came from sports betting and $30.3 million from casino gaming. The May 2025 figures for Massachusetts highlight the robust growth in sports betting, particularly online, reaching a four-month high in revenue. Coupled with steady performance in the land-based casino sector, the data underscores a healthy and expanding gambling market in the state.

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    Massachusetts Sports Betting Revenue Soars to Four-Month High in May

    Massachusetts Sports Betting Revenue Soars to Four-Month High in May - Sports Betting iGaming news

    Sports betting revenue in Massachusetts surged to $80.7 million in May, marking the highest monthly figure recorded since January of this year. This

    IT

    iGaming Times

    Monday, 23 June 2025·Updated Tuesday, 21 April 20262 min read

    Sports betting revenue in Massachusetts surged to $80.7 million in May, marking the highest monthly figure recorded since January of this year. This substantial total represents a 41.6% increase year-on-year, highlighting strong growth in the state’s regulated sports wagering market.

    May’s taxable revenue comfortably cleared the $57 million reported in the same month last year and surpassed April 2025 by 22.5%. It was also the state’s second-highest monthly total for sports betting revenue, though it remained some way short of January’s $94.4 million record haul. Data from the Massachusetts Gaming Commission (MGC) showed that online betting generated the vast majority of this monthly revenue, contributing $79.9 million, while retail sportsbooks collected just $829,605.

    Player spending on sports betting also saw an increase, with a total handle of $655.8 million across online and land-based locations in May. This figure surpassed last year’s handle by 11.7% but fell 5% short of the $690.3 million wagered during April. Online spending for the month reached $645.7 million, with retail spend at $10.1 million. The state’s monthly hold figure for sports betting stood at 8.69%.

    DraftKings Maintains Strong Lead Among Operators

    Looking at individual operator performance, DraftKings continued to lead the online market by a clear margin in Massachusetts. It reported $41.6 million in revenue from $330.8 million in bets, resulting in a hold of 12.58%.

    FanDuel was a distant second, posting $23.1 million in revenue from $171.9 million in handle, achieving an impressive 13.44% hold. Fanatics secured third place with $5.8 million from $46.3 million, meaning a 12.53% hold.

    Other operators contributing to the state’s online sports betting revenue included BetMGM, which posted $4.9 million from $49.2 million in handle for a 9.96% hold. ESPN Bet finished May with $2.6 million from $21.9 million, resulting in an 11.87% hold. Caesars reported $1.7 million from a $20.7 million handle for an 8.21% hold. Bally Bet propped up the online market with $211,173 from $4.9 million, meaning a hold of 4.34%.

    In the land-based sports betting sector, Encore Boston Harbor led the way with $545,918 from a $5 million handle for a 10.94% hold. Plainridge Park Casino followed with $283,687 from $3.6 million, resulting in a hold of 7.83%. MGM Springfield, meanwhile, did not post any revenue despite taking $1.5 million in bets during the month.

    Casino Revenue Exceeds $100 Million

    The Massachusetts Gaming Commission (MGC) also released data for its land-based casino market. Total revenue from slots and table games in May was $105.4 million, representing a 7.9% increase from last year. This total included $75.5 million from slots revenue and $29.8 million in table games revenue.

    Among the land-based casinos, Encore Boston Harbor led the way with $63.3 million in revenue. MGM Springfield followed with $25.4 million, and Plainridge Park secured $16.6 million, all of which came from slots.

    In terms of tax contributions, the state collected a total of $46.4 million in May. Of this, $16.1 million came from sports betting and $30.3 million from casino gaming.

    The May 2025 figures for Massachusetts highlight the robust growth in sports betting, particularly online, reaching a four-month high in revenue. Coupled with steady performance in the land-based casino sector, the data underscores a healthy and expanding gambling market in the state.

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