Massachusetts Sports Betting Revenue Soars to Four-Month High in May
By Liam O'Brien · Contributor2 min read
Sports betting revenue in Massachusetts surged to $80.7 million in May, marking the highest monthly figure recorded since January of this year. This substantial total represents a 41.6% increase year-on-year, highlighting strong growth in the state’s regulated sports wagering market.
May’s taxable revenue comfortably cleared the $57 million reported in the same month last year and surpassed April 2025 by 22.5%. It was also the state’s second-highest monthly total for sports betting revenue, though it remained some way short of January’s $94.4 million record haul. Data from the Massachusetts Gaming Commission (MGC) showed that online betting generated the vast majority of this monthly revenue, contributing $79.9 million, while retail sportsbooks collected just $829,605.
Player spending on sports betting also saw an increase, with a total handle of $655.8 million across online and land-based locations in May. This figure surpassed last year’s handle by 11.7% but fell 5% short of the $690.3 million wagered during April. Online spending for the month reached $645.7 million, with retail spend at $10.1 million. The state’s monthly hold figure for sports betting stood at 8.69%.
DraftKings Maintains Strong Lead Among Operators
Looking at individual operator performance, DraftKings continued to lead the online market by a clear margin in Massachusetts. It reported $41.6 million in revenue from $330.8 million in bets, resulting in a hold of 12.58%.
FanDuel was a distant second, posting $23.1 million in revenue from $171.9 million in handle, achieving an impressive 13.44% hold. Fanatics secured third place with $5.8 million from $46.3 million, meaning a 12.53% hold.
Other operators contributing to the state’s online sports betting revenue included BetMGM, which posted $4.9 million from $49.2 million in handle for a 9.96% hold. ESPN Bet finished May with $2.6 million from $21.9 million, resulting in an 11.87% hold. Caesars reported $1.7 million from a $20.7 million handle for an 8.21% hold. Bally Bet propped up the online market with $211,173 from $4.9 million, meaning a hold of 4.34%.
In the land-based sports betting sector, Encore Boston Harbor led the way with $545,918 from a $5 million handle for a 10.94% hold. Plainridge Park Casino followed with $283,687 from $3.6 million, resulting in a hold of 7.83%. MGM Springfield, meanwhile, did not post any revenue despite taking $1.5 million in bets during the month.
Casino Revenue Exceeds $100 Million
The Massachusetts Gaming Commission (MGC) also released data for its land-based casino market. Total revenue from slots and table games in May was $105.4 million, representing a 7.9% increase from last year. This total included $75.5 million from slots revenue and $29.8 million in table games revenue.
Among the land-based casinos, Encore Boston Harbor led the way with $63.3 million in revenue. MGM Springfield followed with $25.4 million, and Plainridge Park secured $16.6 million, all of which came from slots.
In terms of tax contributions, the state collected a total of $46.4 million in May. Of this, $16.1 million came from sports betting and $30.3 million from casino gaming.
The May 2025 figures for Massachusetts highlight the robust growth in sports betting, particularly online, reaching a four-month high in revenue. Coupled with steady performance in the land-based casino sector, the data underscores a healthy and expanding gambling market in the state.
