Massachusetts reported record sports betting turnover for the second consecutive day in December, with players wagering a total of $658.7m (£519.3m/€605.6m).
Combined sports betting and casino revenue in Massachusetts was $163.6 million in December, up 14.4% from November.
Starting with sports betting, December’s winnings narrowly beat November’s existing record of $654.4 million. The Bay State introduced legal betting in March 2023.
Players spent $643.2 million on online betting and $15.5 million on retail sports betting in December.
Sales are just below the Massachusetts record
Taxable sports betting revenue was $60.6 million in December. That was 23.9% more than November’s $48.9 million and just 0.7% less than May’s monthly record of $61.0 million.
Online betting accounted for $59.3 million of all sports betting revenue in December, with the retail share coming in at $1.3 million.
DraftKings is the clear leader in the online market
Looking at the individual providers, DraftKings remains the leader in the online betting market. DraftKings had $29.9 million in revenue from $316.9 million in online betting in December.
Flutter Entertainment’s FanDuel placed second in Massachusetts. The operator reported revenue of $19.3 million on revenue of $187.4 million.
A little behind in third place was BetMGM with sales of $3.1 million from online bets totaling $39.2 million.
As for the land-based sector, Plainridge Park Casino led the way with $534,411 in revenue on $7.2 million in stakes. It was followed by Encore Boston Harbor with $499,411 at a $6.4 million discount, followed by MGM Springfield at $259,588 at a $1.9 million discount.
Massachusetts casino revenue increases to $103.0 million
As for the casino market, revenue from land-based venues was $103.0 million. That was up 9.6% from November’s $94.0 million, including $68.7 million from slots and $34.3 million from table games.
Encore Boston Harbor secured the top spot with total casino revenue of $65.8. This included $36.2 million in slots revenue and $29.7 million in table games.
MGM Springfield came in second with $23.6 million, of which $19.0 million came from slots and $4.6 million from table games. Plainridge Park Casino took third place with $13.6 million, all of which came from slot machines.
Massachusetts collected $12.0 million in sports betting tax and another $29.0 million in casino tax. Total tax for the month was $41.1 million.