Massachusetts Sportsbooks Earn $77M Amid Super Bowl

By | March 24, 2026

Massachusetts sportsbooks reported $77.6 million in gross sports betting revenue for February, according to the Massachusetts Gaming Commission. The surge followed outcomes from Super Bowl LX, where the New England Patriots lost 29-13 to the Seattle Seahawks. Popular bets, including the Patriots moneyline, the total under 45.5 points, and touchdowns by unlikely scorers Mack Hollins and Rhamondre Stevenson, favored sportsbooks, contributing to the revenue increase.

The February results marked a 15.7% rise from the previous year, with a 12.5% hold against a $619.9 million handle. Despite the Super Bowl rooting interest, total wagers were slightly lower than February 2025, down 1.3%. Taxes on $76.1 million in adjusted gross revenue yielded $15.2 million for the Commonwealth. Fiscal-year AGR now totals $579.4 million, a 17.3% increase from 2024-25, generating $17 million more in state receipts.

DraftKings Maintains Dominant Position

DraftKings continued to dominate Massachusetts’ mobile market, handling $314.7 million in wagers—over 50% of the total mobile handle. Its 13.8% hold produced $43.3 million in revenue, the highest since January 2025 and marking a fourth consecutive month exceeding $40 million in gross winnings.

FanDuel recorded a 13%-plus hold, earning $19.7 million from $146.8 million in wagers. Despite the revenue, handle fell 12.2% compared to last February, keeping earnings mostly flat. The platform also surpassed $6 billion in all-time wagers and $650 million in total gross revenue.

BetMGM posted $5.2 million in revenue from $47.8 million in wagers, with a 10.8% win rate. Fanatics handled $55.6 million, producing $4.6 million in revenue at an 8.2% hold, a 46.5% increase from the previous year as its handle rose 68.2%. Caesars Sportsbook earned $1.9 million, narrowly outpacing TheScore Bet’s $1.7 million, although TheScore maintained a stronger hold at 9.3%.

Retail Sportsbooks And Overall Gaming Figures

Massachusetts’ three retail sportsbooks saw their highest February hold at 11.1%, generating $973,300—over four times the 2025 figure. While still below pre-mobile launch revenue in 2023, the increase highlights the ongoing contribution of in-person operations.

Gross gaming revenue across the state’s casinos, including Plainridge Park Casino, MGM Springfield, and Encore Boston Harbor, totaled $92 million, down 1.5% year-over-year and from $96.6 million in January 2026. Encore Boston Harbor led with $56.3 million in GGR—$22.4 million from table games and $33.9 million from slots. MGM Springfield followed with $22.4 million ($4.1 million table games, $18.2 million slots), and Plainridge Park Casino contributed $13.3 million from slots.

The Commonwealth has collected approximately $425.18 million in total taxes and assessments since sports wagering launched in person on January 31, 2023, and online on March 10, 2023. Licensed operators include Category 1 retail sportsbooks (EBH, MGM, PPC) and Category 3 mobile sportsbooks (Bally Bet, BetMGM, Caesars, DraftKings, ESPNBet, Fanatics, and FanDuel).

Source:

“Massachusetts Sportsbooks Reap $77 Million Windfall In February”, sports.yahoo.com, March 20, 2026

The post Massachusetts Sportsbooks Earn $77M Amid Super Bowl first appeared on RealMoneyAction.com.

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