Massachusetts Betting Handle Sets New Low for 2025 in June
Massachusetts Sports Betting Handle Hits Yearly Low | DraftKings Holds Lead in Market Share | Other Operators Not Expected to Enter State Frank AmmiranteLast Updated on Mon Jul 28 2025Reviewed By Paul Skidmore Key Points
- Massachusetts sports betting handle hits 11-month low
- DraftKings continues to hold a sizeable lead in market share
- No plans for other operators like bet365 to enter Massachusetts
Massachusetts sports betting reported $525.5 millionin sports betting handle for June, which was a substantial decrease from $645.7 million in May. Sports betting revenue also fell month-over-month from $79.9 million to $61.6 million. This decline is projected to continue through the summer months, since this is the slowest time of the sports betting calendar.
Massachusetts sports betting by month
Examining Massachusetts sports betting results since June 2024 provides more context for this month’s decline.
June had the lowest sports betting handle in Massachusetts since August 2024. There was only a slight increase year-over-year from $500.7 million to $525.5 million. With what was reported in July 2024 ($405.2 million), there’s a reasonable chance that July will be an even slower month.
Sports betting revenue reported a marginally better result, with $61.6 million being only the second-lowest total of the year. There was a significant increase from June 2024, when only $41.1 million in revenue was reported.
| Month | Sports Betting Handle | Sports Betting Revenue |
|---|---|---|
| June 2025 | $525.5 million | $61.6 million |
| May 2025 | $645.7 million | $79.9 million |
| April 2025 | $680.5 million | $65.5 million |
| March 2025 | $761.8 million | $51.9 million |
| February 2025 | $618.6 million | $65.4 million |
| January 2025 | $751.6 million | $93.6 million |
| December 2024 | $776.8 million | $57.4 million |
| November 2024 | $764.1 million | $79.6 million |
| October 2024 | $735.0 million | $48.3 million |
| September 2024 | $667.7 million | $72.2 million |
| August 2024 | $439.7 million | $32.9 million |
| July 2024 | $405.2 million | $40.7 million |
| June 2024 | $500.7 million | $41.1 million |
DraftKings continues to dominate market share
DraftKings reported $266.1 million in sports betting handle in June, which made up over 50% of the total figure in June. This has always been the case because DraftKings is based in Boston, so it’s the go-to online sportsbook in the Bay State.
ESPN BET is getting close to overtaking Caesars Sportsbook, earning more revenue than the industry giant while only slightly behind in sports betting handle.
| Sportsbook | Sports Betting Handle | Taxable Revenue |
|---|---|---|
| DraftKings | $266.1 million | $31.4 million |
| FanDuel | $139.0 million | $17.4 million |
| BetMGM | $45.8 million | $5.2 million |
| Fanatics | $37.8 million | $4.6 million |
| Caesars Sportsbook | $17.6 million | $1.2 million |
| ESPN BET | $15.2 million | $1.5 million |
No plans for other big sportsbooks to enter the market
While Massachusetts law allows for up to 15 online sportsbooks, there are no indications of other sportsbooks entering the market. For instance, despite being one of the most popular betting sites, bet365 withdrew its mobile betting license application within the state back in 2023.
With that in mind, market conditions should remain the same for the foreseeable future, allowing newer operators like Fanatics and ESPN BET to continue to grow in popularity.
Read Also Tennessee Betting Handle Decreases in June Amid Summer Slowdown New York Reports Largest Sports Betting Revenue Decline Since Aug. 2024 Massachusetts Sports Betting Revenue Increased in May May Sparks Huge Growth in Michigan iGaming Market in Year-Over-Year Report New York Online Sports Betting Handle Increases 9.6% in April With No Super Bowl Nevada Gaming Revenue Falls 9% Year-on-Year for February New York Reports Six-Month Low on Sports Betting Handle in February Pennsylvania Sees Gaming Revenue Decline Year-on-Year in February Ohio Records Highest Ever Sports Betting Handle in January 2025 Illinois Sees AGR Grow 21% Year on Year for January Vegas Strip Revenue Is Down 4% Year on Year for November Virginia Sets New Highs in Sports Betting Revenue and Handle in November Examining Massachusetts sports betting results since June 2024 provides more context for this month’s decline.
June had the lowest sports betting handle in Massachusetts since August 2024. There was only a slight increase year-over-year from $500.7 million to $525.5 million. With what was reported in July 2024 ($405.2 million), there’s a reasonable chance that July will be an even slower month.
Sports betting revenue reported a marginally better result, with $61.6 million being only the second-lowest total of the year. There was a significant increase from June 2024, when only $41.1 million in revenue was reported.
| Month | Sports Betting Handle | Sports Betting Revenue |
|---|---|---|
| June 2025 | $525.5 million | $61.6 million |
| May 2025 | $645.7 million | $79.9 million |
| April 2025 | $680.5 million | $65.5 million |
| March 2025 | $761.8 million | $51.9 million |
| February 2025 | $618.6 million | $65.4 million |
| January 2025 | $751.6 million | $93.6 million |
| December 2024 | $776.8 million | $57.4 million |
| November 2024 | $764.1 million | $79.6 million |
| October 2024 | $735.0 million | $48.3 million |
| September 2024 | $667.7 million | $72.2 million |
| August 2024 | $439.7 million | $32.9 million |
| July 2024 | $405.2 million | $40.7 million |
| June 2024 | $500.7 million | $41.1 million |
DraftKings continues to dominate market share
DraftKings reported $266.1 million in sports betting handle in June, which made up over 50% of the total figure in June. This has always been the case because DraftKings is based in Boston, so it’s the go-to online sportsbook in the Bay State.
ESPN BET is getting close to overtaking Caesars Sportsbook, earning more revenue than the industry giant while only slightly behind in sports betting handle.
| Sportsbook | Sports Betting Handle | Taxable Revenue |
|---|---|---|
| DraftKings | $266.1 million | $31.4 million |
| FanDuel | $139.0 million | $17.4 million |
| BetMGM | $45.8 million | $5.2 million |
| Fanatics | $37.8 million | $4.6 million |
| Caesars Sportsbook | $17.6 million | $1.2 million |
| ESPN BET | $15.2 million | $1.5 million |
No plans for other big sportsbooks to enter the market
While Massachusetts law allows for up to 15 online sportsbooks, there are no indications of other sportsbooks entering the market. For instance, despite being one of the most popular betting sites, bet365 withdrew its mobile betting license application within the state back in 2023.
With that in mind, market conditions should remain the same for the foreseeable future, allowing newer operators like Fanatics and ESPN BET to continue to grow in popularity.
Read Also Tennessee Betting Handle Decreases in June Amid Summer Slowdown New York Reports Largest Sports Betting Revenue Decline Since Aug. 2024 Massachusetts Sports Betting Revenue Increased in May May Sparks Huge Growth in Michigan iGaming Market in Year-Over-Year Report New York Online Sports Betting Handle Increases 9.6% in April With No Super Bowl Nevada Gaming Revenue Falls 9% Year-on-Year for February New York Reports Six-Month Low on Sports Betting Handle in February Pennsylvania Sees Gaming Revenue Decline Year-on-Year in February Ohio Records Highest Ever Sports Betting Handle in January 2025 Illinois Sees AGR Grow 21% Year on Year for January Vegas Strip Revenue Is Down 4% Year on Year for November Virginia Sets New Highs in Sports Betting Revenue and Handle in November Tennessee Betting Handle Decreases in June Amid Summer Slowdown New York Reports Largest Sports Betting Revenue Decline Since Aug. 2024 Massachusetts Sports Betting Revenue Increased in May May Sparks Huge Growth in Michigan iGaming Market in Year-Over-Year Report New York Online Sports Betting Handle Increases 9.6% in April With No Super Bowl Nevada Gaming Revenue Falls 9% Year-on-Year for February New York Reports Six-Month Low on Sports Betting Handle in February Pennsylvania Sees Gaming Revenue Decline Year-on-Year in February Ohio Records Highest Ever Sports Betting Handle in January 2025 Illinois Sees AGR Grow 21% Year on Year for January Vegas Strip Revenue Is Down 4% Year on Year for November Virginia Sets New Highs in Sports Betting Revenue and Handle in November Fri Aug 01 2025Fri Aug 01 2025Fri Aug 01 2025Fri Aug 01 2025Thu Jul 31 2025Thu Jul 31 2025Thu Jul 31 2025Wed Jul 30 2025Wed Jul 30 2025Tue Jul 29 2025
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