In March, Massachusetts saw a 20.7% rise in the amount of money gambled on sports.
In March, Massachusetts reported a month-on-month gain of nearly $110.0 million (£88.5 million/€103.5 million) in its sports betting handle.
In March, Massachusetts had a sports betting handle of $642.3 million, which was 20.7% more than the $542.5 million from February. However, it was not quite as high as the $651.7 million from January.
It was a nice month for people who bet, with taxable gaming revenue at $46.2 million, which was 13.6% less than February's total of $52.5 million.
Even though the handle went up every month, the state's tax contribution went down from $10.5 million to $9.2 million.
Massachusetts has made $127.8 million in taxes from sports betting since it became legal at the beginning of 2023.
DraftKings is ahead in Massachusetts
DraftKings had a great month, with a handle of $323.0 million, which is 19.7% more than the $269.8 million it had in February. It made $22.7 million in taxable gaming revenue.
FanDuel only accepted $119.4 million in bets in March and made $15.2 million in income, so DraftKings is much ahead.
BetMGM came in last with $45.5 million in handling, while ESPN Bet and Caesars Sportsbook rounded out the top five with $34.4 million and $25.2 million, respectively. Fanatics, on the other hand, took $23.7 million in bets in March.
Plainridge Park Casino collected $5.6 million in bets, while Encore Boston Harbour and MGM Springfield reported $5.0 million and $1.6 million in sports betting handle, respectively.
In March, casino income also went up.
Massachusetts not only saw a surge in sports betting, but also in casino income every month.
In March, the state's three casinos made $111.1 million in gross gaming revenue (GGR), which is 10.4% more than the $100.6 million they made in February.
Encore Boston Harbour had the most GGR from tables and slots, at $70.4 million. MGM Springfield had $25.2 million. With $15.4 million in GGR, Plainridge Park Casino came in last.
Since the three casinos opened, the state has gotten almost $1.7 billion in taxes from them.