Massachusetts reports $128.1m in total taxable gaming revenue for July

August 16, 2023
By
Leer en Español

The state recorded its lowest revenue from sports betting since online wagering launched in March.

The Massachusetts Gaming Commission has released its casino and sports wagering numbers for the month of July, bringing in $128.1m in total taxable revenue. This is down 4% from June’s total taxable revenue of $132.8m.

Sports wagering in the state brought in a total taxable revenue of $29.4m, which was brought in by three land-based licensees and eight online/mobile licensees.

The online sportsbook with the highest taxable gaming revenue was DraftKings, bringing in $14.4m; FanDuel followed with $9.9m and BetMGM rounded out the top three with $2.5m.

The state handle sits at $294.9m and Massachusetts collected $5.8m in taxes from sports betting, $5.7m of which came from online/mobile bets.

To date, the state has collected around $45.8m in total taxes from licensed sports betting operators since Massachusetts’ January retail launch and its March 10 online debut.

July is now the month to generate the lowest revenue from sports betting in the state. 

Land-based casinos, Encore Boston Harbor, MGM Springfield and Plainridge Park Casino, brought in a total gross gaming revenue (GGR) from table and slot games of $98.6m. The state collected nearly $28m in taxes from these three venues.

Encore Boston Harbor tops the list of Massachusetts’ casinos making $26.5m of the state’s $31.2m in table game GGR, $34.8m of the state’s total $67.5m slot GGR, for a total of $61.3m GGR generated.

June was also a successful month for Encore Boston Harbor, showing not only its incremental growth but its leading position among the three Commonwealth casinos.

State-by-State

Product Spotlight

Bragg Gaming Group

Bragg Gaming Group is a global content-driven iGaming technology provider, serving online and land-based gaming operators with its proprietary and exclusive content and cutting-edge technology.
GA HUDDLE #087

John Connelly - Interblock preparing to launch online by the end of year

John Connelly, the Global CEO of Interblock, joins the Huddle to talk about:
- The company's conversion to the online space
- The performance of ETGs
- Interblock's new philanthropic efforts
- The trend of companies going private
- And more!
GA HUDDLE #086

Michael Hershman - Dispelling casino 'myths:' New York needs to lose fear of the unknown

Michael Hershman, CEO of the Soloviev Group, joins Tim Poole on the Huddle to put forward his case that the Freedom Plaza is the way to go for one of New York's casino licences. He fields a variety of questions - not shying away from any of them - on why 'myths' about casinos and a fear of the unknown should be dispelled, as well as acknowledging the strength of rival bids and discussing opposition to the project.

As the Tribal gaming sector congregates once more in the Golden State, is it too cliché of me to suggest we are heading for a golden era of Tribal gaming? With the industry set to meet at the Indian Gaming Association t...

10-11-From-the-top
From The Top: Will youth be served by Sports Betting?
Two recent interviews in our Huddle podcast revealed to Las Vegas correspondent Brian Joseph just how young sports betting entrepreneurs are becoming.
12-GA-MAR-10-year-v2
The Global Gaming Awards: Rewarding Excellence
The 10th edition of the Global Gaming Awards took place in Las Vegas last year. Gaming America looks back... and ahead to this year's.
16-18-IGA-Preview
Preview: Indian Gaming Tradeshow & Convention
Gaming America looks ahead to the 2024 Indian Gaming Tradeshow & Convention and what attendees can expect when they arrive at the Anaheim Convention Centre.
20-22-GA-Mar-888-Holding-article
888 and the US Market: A cautionary tale
Gaming America explores the risk of resting on your laurels and the challenge of remaining relevant in a rapidly expanding market.