Latest

Massachusetts’ Sports Betting Market Sees 7.3% Year-on-Year Growth for December

In December, Massachusetts’ sports betting market gave a strong performance, with online wagering accounting for 98.6% of the total market. The Massachusetts Gaming Commission (MGC) reported that the state collected approximately $19.6 million in taxes, benefiting from a 15% tax rate on in-person betting and a 20% rate on online betting. Despite a slight decline in overall handle compared to November.

Key Metrics

  • Total Online Wagers: $833.6 million
  • Taxable Revenue: Nearly $100 million
  • Year-on-Year Growth: 7.3%
  • Tax Revenue Collected: $19.6 million

DraftKings continues to dominate the Massachusetts sports betting scene, significantly outpacing its competitors. The Boston-based sportsbook reported a staggering $447.5 million in wagers, generating $53.4 million in revenue. This performance represents a year-on-year increase of 22.7% in handle and 80.5% in revenue.

FanDuel, while trailing behind DraftKings, still managed to secure second position with a handle of $202.2 million and a revenue of $25.6 million. However, it experienced a year-on-year decline of 16.3% in handle, although revenue increased by 35.9%.

The overall handle for in-person and online betting was reported at $845.3 million, reflecting a decrease of 7.6% from November.

Sportsbooks in Massachusetts achieved a notable hold rate of 11.7%, the highest since June 2025. Encore Boston Harbor led the retail sports betting market with $5.7 million in wagers, although this figure was lower than most online sportsbooks.

Massachusetts recently secured a temporary injunction against Kalshi, a prediction platform. This ruling allows the state to block sports event contracts that Kalshi offers, which officials argue operate similarly to betting odds without the necessary licensing.

Editor

Recent Posts

Alea Expands Casino Offering Through Partnership with AvatarUX

Alea has announced a new partnership with game studio AvatarUX, adding the provider's portfolio of…

1 day ago

Bulgaria’s Gambling Advertising Ban Proposal Denied by Finance Ministry

Bulgaria's Finance Ministry has rejected opposition proposals for a Bulgaria advertising ban on gambling activities,…

1 day ago

Las Vegas Sands Stock Slides on Disappointing Q2 Results

Las Vegas Sands suffered a 3% decline in share value following the casino operator's second-quarter…

1 day ago

Galaxsys Expands Its Slot Portfolio with Rise of Frogs: Book Legacy

Galaxsys has expanded its slot portfolio with the launch of Rise of Frogs: Book Legacy,…

2 days ago

Spelinspektionen Identifies Affiliates, Social Media as Black Market Channels

Spelinspektionen, Sweden’s gambling regulator has identified influencers as a prominent factor in promoting unlicensed online…

2 days ago

Bihar Assembly Passes Bill Banning All Forms of Gambling

The Bihar gambling ban became official reality as the state Assembly unanimously passed comprehensive legislation…

2 days ago