Massachusetts Sports Betting Revels in Football Season
by Robert Linnehan in Sports Betting News
Updated Feb 14, 2024 · 11:06 AM PST
Aug 25, 2023; Nashville, Tennessee, USA; New England Patriots wide receiver JuJu Smith-Schuster (7) catches passes during warmups before the game against the Tennessee Titans at Nissan Stadium. Mandatory Credit: Christopher Hanewinckel-USA TODAY SportsThe Massachusetts Gaming Commission reported $512.17 million in sports betting handle for SeptemberOnline sports betting accounted for $499.75 million of the total handleThe state took in nearly $10 million in sports betting taxes for the month
A rising tide lifts all ships, just as the NFL season lifts all sports betting tax revenues in the commonwealth.
The Massachusetts Gaming Commission reported more than $512 million in total Massachusetts sports betting handle for the month of September, leading to nearly $10 million in sports betting tax revenue during the first month of the NFL season.
Online sports betting accounted for nearly $500 million of the total bet during the month.
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DraftKings Dominates Month
DraftKings again notched the highest online sports betting handle and taxable gaming revenue among the state’s eight sports betting operators. DraftKings reported $290.1 million in total handle for the month and $27.5 million in taxable gaming revenue.
FanDuel reported $121.9 million in online sports betting handle for September and $13.9 million in taxable gaming revenue.
Betr again struggled in the commonwealth, reported $303,158 in total handle and only a little more than $28,000 in taxable gaming revenue for the month.
Here are the total online sports betting handle ps for September:
DraftKings Massachusetts: $290,142,168FanDuel Massachusetts: $121,929,643BetMGM Massachusetts:$33,533,024Caesars Sportsbook Massachusetts: $18,137,418WynnBET Massachusetts: $13,854,350Barstool Sportsbook: $12,953,075Fanatics Sportsbook: $8,895,193Betr: $303,158
On the retail sportsbook side, Encore Boston Harbor topped all three casinos with $6.2 million in handle and more than $226,000 in total taxable revenue. Here are the full retail sports betting details for the month:
Encore Boston Harbor (WynnBET): $6,235,136Plainridge Park Casino (Barstool Sportsbook): $4,613,038MGM Springfield (BetMGM): $1,581,462
The total taxable revenue for retail sportsbooks are right here:
MGM Springfield (BetMGM): $285,366Plainridge Park Casino (Barstool Sportsbook):$270,924Encore Boston Harbor (WynnBET): $226,727
Daily Fantasy Sports Reported For Commonwealth
The MGC reported the state’s DFS totals for the month of September and reported $16.78 million in total handle. There are currently 16 licensed DFS operators in Massachusetts.
DraftKings led the way with $7.8 million in DFS handle, with PrizePicks notching the second spot with nearly $3.6 million in handle.
In total, the state collected $286,272 in DFS taxes for September.
Here are the total DFS sports betting handles for the month:
Boom Fantasy: $25,384DraftKings: $7,799,439FanDuel: $2,022,983FanTrax: $3,130OwnersBox: $43,649Parlay Play: $129,905PrizePicks: $3,609,521Real Time: $9,157SHGN: $301,677Sleepers: $385,988Splash Sports: $1,360Talid Sports: $22,213Two Nine Sports: $350,579Underdog: $1,751,777Vivid Picks: $29,307Yahoo Fantasy Sports: $319,659
Massachusetts Gaming Commission Interim Executive Director Todd Grossman recently said the commission will evaluate daily fantasy sports (DFS) offerings in the commonwealth as DFS operators are recently experiencing increased scrutiny for their offerings nationwide.
Grossman revealed the commission would begin a review of DFS operator and offerings in the state in light of several public examinations across the country.
No information on the review has been released to the public.