Massachusetts posts $587.3m in May sports betting handle

June 18, 2024
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Casino activity rose when compared to results from April.

The Massachusetts Gaming Commission has released the state’s casino and sports betting results for the month of May. Its casinos, Plainridge Park Casino (PPC), MGM Springfield (MGM) and Encore Boston Harbor (EBH) generated nearly $98m in gross gaming revenue (GGR), slightly up from its April results.

Slots accounted for nearly $68.7m of the state’s total GGR, while table games brought in another $29.2m.

In a breakdown of May earnings by casino, MGM Springfield ended the month with $22.4m in revenue from table games and slots. Encore Boston Harbor maintained number one spot with $61.2m in May revenue from slots and table games. Plainridge Park Casino brought in close to $14.4m in total revenue.

During May, all three casinos paid a total of nearly $28m to the state in taxes.

All three casinos hold Category 1 licenses, which allow them to operate retail sports betting locations in their casinos.

Sports betting last month generated a $587.3m handle, reflecting a nearly $15m dip when compared to sports wagering results from April.

Online and retail sports betting locations generated close to $57m in taxable gaming revenue last month. The state took in almost $11.5m in taxes from online and retail sports betting in May.

Retail sports betting became legal in Massachusetts in January 2023. The state welcomed the online sports betting market in March 2023.

BetMGM, Caesars Sportsbook, DraftKings, ESPN Bet, Fanatics Betting & Gaming and FanDuel currently hold licenses in the state to function as Category 3 operators.

However, Betr and WynnBet recently announced that it will no longer offer online sports betting services throughout the state.

Though Massachusetts players will no longer have the option to place bets through the WynnBet app, the company said it will continue to offer retail sports betting services at Encore Boston Harbor.

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