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