DraftKings Sets Monthly Handle Record In Massachusetts

DraftKings continued to dominate the mobile sports wagering scene in its home state of Massachusetts, again accounting for more than 50% of the online handle as total wagers accepted reached $512.2 million in September, according to figures compiled by the Massachusetts Gaming Commission.

It was the third time the Bay State cleared half a billion dollars in handle, as it became the 11th state in 2023 to surpass $3 billion in total wagers accepted. Handle was up 62.6% compared to August, as Massachusetts bettors were able to wager on NFL regular-season games for the first time following the state’s Jan. 31 launch.

DraftKings, which is headquartered in Boston, set an all-time handle high for any mobile operator in the state with $290.1 million in September. That bettered its previous standard of $283.8 million in April and marked the third time it had cleared $250 million since mobile wagering launched in March.

The online titan had a 9.7% hold, which was within shouting distance of the statewide win rate of three-hundredths of a point below 10%. It was the fourth time in six months of mobile wagering that the statewide hold was 9.9% or higher.

  
Read Full Article