Massachusetts Casino and Sports Betting Revenue Soars in May
In May, Massachusetts witnessed a notable uptick in sports betting earnings, with online platforms generating nearly $80 million in revenue.
The state’s sports betting revenue soared by 41.6% compared to the same month last year, reaching $80.7 million—its highest monthly total since January. This surge underscores a growing appetite for betting activities within Massachusetts.
Taxable revenue comfortably exceeded last year’s $57 million mark for May and also grew by 22.5% over April 2025. While this is only the second-highest monthly figure recorded, it still falls short of January’s record-breaking $94.4 million.
According to data from the Massachusetts Gaming Commission (MGC), online sports betting dominated the scene, accounting for $79.9 million of the total. Retail sportsbooks, however, contributed just $829,605.
In terms of total betting handle, residents wagered $655.8 million across both online and land-based venues. This is an 11.7% increase from last year but a 5% decrease from April’s $690.3 million.
Breaking down the handle, online bets totaled $645.7 million, with retail bets adding up to $10.1 million. The overall hold—the percentage of total wagers retained as revenue—stood at 8.69%.
Leading the online market, DraftKings continued its stronghold, turning $41.6 million in revenue from $330.8 million wagered, resulting in a hold of 12.58%.
FanDuel held its position as the second-largest operator, with $23.1 million earned from $171.9 million in bets, boasting a hold of 13.44%. Fanatics ranked third, generating $5.8 million from $46.3 million wagered, achieving a hold of 12.53%.
Other notable operators include BetMGM, which posted $4.9 million from $49.2 million (9.96%), ESPN Bet with $2.6 million from $21.9 million (11.87%), and Caesars, earning $1.7 million off a $20.7 million handle (8.21%). Bally Bet contributed $211,173 from $4.9 million, with a hold of 4.34%.
In the land-based sector, Encore Boston Harbor led the way, earning $545,918 from a $5 million handle, for a hold of 10.94%. Plainridge Park Casino followed with $283,687 from $3.6 million (7.83%). MGM Springfield, despite taking $1.5 million in bets, did not report revenue.
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Turning to the brick-and-mortar scene, the MGC reports that total casino revenue—comprising slots and table games—reached $105.4 million in May, a 7.9% rise from last year.
Encore Boston Harbor again topped the list with $63.3 million, followed by MGM at $25.4 million and Plainridge Park at $16.6 million, all primarily from slot machines.
The state collected a total of $46.4 million in taxes during May, with $16.1 million derived from sports betting and $30.3 million from casino gaming.
This latest data underscores Massachusetts’ expanding gambling industry, with online sports betting continuing to be a significant driver of revenue growth.
