DraftKings furthered its state record for monthly sports betting handle in March as Massachusetts bettors placed $654.9 million worth of wagers, according to the state’s gaming commission.
It was the second-highest handle in 13 months with sports betting apps available in the Bay State, trailing only the $658.7 million from last December. It was the fourth time in five months Massachusetts had a handle of $650 million or higher. Handle was up 15.3% compared to March 2023, when mobile betting launched statewide.
Boston-based DraftKings accounted for more than half the state’s $642.3 million mobile handle, accepting $323 million worth of bets. It bettered their previous state high of $320 million established last November.
The 7.3% statewide hold was the lowest in any full month of wagering in Massachusetts, with the previous low 7.5% in August. Operators collected $47.8 million in gross sports betting revenue, of which $46.2 million was eligible for taxing. The state saw an inflow of $9.2 million into its coffers, lifting the total for the first three months of the year to $33.9 million.