In May, sports betting revenue in Massachusetts reached $80.7 million, a 41.6% increase year-over-year, marking the second highest monthly record since 2025, only behind January's $94.4 million. This performance also represents a 22.5% increase from April, highlighting the stable expansion of the state's market.
According to data released by the Massachusetts Gaming Commission (MGC), taxable revenue for the month included $79.9 million from online sports betting and only $829,600 from retail sports betting.
In terms of total bets, the combined online and offline betting in May was $655.8 million, slightly down from April's $690.3 million (a 5% decrease month-over-month), but up 11.7% year-over-year. Of this, online bets accounted for $645.7 million and offline bets for $10.1 million, with the retail market share at 8.69%.
In terms of operators, DraftKings continued to dominate the market, with betting amounting to $330.8 million and revenue of $41.6 million, achieving a hold rate of 12.58%. FanDuel ranked second with $23.1 million, holding a rate of 13.44%. Fanatics was third, generating $5.8 million in revenue, with a hold rate of 12.53%.
Among other platforms, BetMGM earned $4.9 million, while ESPN Bet's profits dropped to $2.6 million, and Caesars Entertainment was only at $1.7 million. Bally Bet garnered $211,000, with a hold rate of just 4.34%.
In retail, Encore Boston Harbor led with revenues of $545,918 from betting of $5 million, achieving a hold rate of 10.94%; Plainridge Park Casino earned $283,687, with a hold rate of 7.83%; MGM Springfield, despite a betting amount of $1.5 million, did not disclose its revenue data.
Beyond sports betting, total revenue from physical casinos in Massachusetts in May was $105.4 million, up 7.9% from the same period last year. Slot machine revenue was $75.5 million, and table games generated $29.8 million. Encore Boston Harbor remained at the top, earning $63.3 million; MGM was at $25.4 million; Plainridge Park made $16.6 million, all from slot machines.
Total taxes in May amounted to $46.4 million, with $16.1 million from sports betting and $30.3 million from casino operations.
