The sports betting industry in Massachusetts experienced a boom in December 2025, with adjusted total sports betting revenue reaching $98.5 million, setting a new historical record. This figure not only exceeded the record of $94.9 million set in November by 3.8%, but also surged by 71.3% compared to December of the previous year, simultaneously driving sports betting tax revenues to record highs. Online channels became the absolute main force, with relatively modest performance offline, while top operators like DraftKings continued to lead the market. Relevant U.S. sports betting market data interpretation and compliance standards can be found on the PASA official website.
Sports Betting: Record Revenue and Taxes
The core highlights of Massachusetts sports betting in December focused on data breakthroughs, with several indicators performing impressively:
New revenue high: Adjusted total revenue of $98.5 million, with unadjusted total betting revenue breaking the $100 million mark for the first time, reaching $102.5 million;
Stable betting and hold rates: Monthly betting amount was $845.3 million, up 7.2% from December last year, although lower than the record $914.7 million in November, it still maintained a high level; the statewide sports betting hold rate was 11.65%, indicating a robust profit level;
Tax revenue growth in sync: Sports betting tax revenue reached $19.6 million, also setting a historical record, becoming an important supplement to state government fiscal revenue.
Market Structure: Online Dominance and Top Operators Lead
The market performance in December further highlighted the core position of online channels, with a clear competitive landscape among operators:
Online holds absolute advantage: Online sports betting revenue reached $97.1 million, accounting for 98.6% of total sports betting revenue; offline sports betting revenue was only $1.3 million, accounting for less than 2%;
DraftKings continues to lead, with a betting amount of $447.5 million and revenue of $53.4 million, a hold rate of 11.93%, showing a clear advantage;
FanDuel ranked second, with a betting amount of $202.2 million and revenue of $25.6 million, a hold rate of 12.66%, a significant gap from the first place;
Fanatics ranked third, with a betting amount of $79.2 million and revenue of $8.3 million, a hold rate of 10.48%;
Stable ranking of operators:
Performance of other operators: BetMGM, theScore Bet (formerly ESPN Bet), Caesars, Bally Bet ranked next, with revenues ranging from $5.5 million to about $397,000;
Offline operators: Encore Boston Harbor had the highest offline sports betting revenue, reaching $654,700, with a hold rate of 11.42%, with the remaining revenue shared by MGM Springfield and Plainridge Park Casino.
Offline Casinos: Revenue Declines Year-on-Year, Top Still Stable
In contrast to the booming sports betting, the three commercial casinos in Massachusetts had a modest performance in December:
Overall revenue decline: Offline casino total gaming revenue was $97.9 million, down 4.5% year-on-year from December last year, and also lower than the performance in November 2025;
Segmentation differentiation: Slot machine revenue was $69.5 million, table game revenue was $28.4 million;
Operator ranking: Encore Boston Harbor remains the leader in offline casinos, with revenue of $61.8 million, far exceeding MGM Springfield ($21.9 million) and Plainridge Park Casino ($14.1 million).
Comprehensive Tax Revenue: Sports Betting and Casinos Total $47.5 Million
The overall tax performance of the Massachusetts gaming industry in December was robust:
Total tax revenue reached $47.5 million, of which sports betting contributed $19.6 million (record-setting), and offline casinos contributed $27.9 million;
The tax structure reflects the rapid growth potential of sports betting, which has become an important growth pole in the gaming industry's tax revenue.
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This article is from "PASA-Global iGaming Leaders" gambling industry news channel:https://t.me/pasa_news
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PASA official website: https://www.pasa.news
