The Massachusetts Gaming Commission reported more than $25.7 million in sports wagering handle for the month of February on Wednesday, the lone full month when betting was limited to the state’s three brick-and-mortar locations.
The Bay State launched mobile wagering March 10, and it is expected to pick up dramatically Thursday with the first round of the NCAA Tournament getting underway. GeoComply reported more than 8.1 million geolocation transactions were made from over 406,000 accounts in the opening three days of mobile betting across the six online books that launched last Friday.
Gross operator revenue at the three retail books totaled slightly less than $2.1 million, resulting in a hold under 8.1% The state was able to levy its 15% tax on just over $2 million in adjusted revenue, resulting in an inflow of slightly more than $300,000. All three venues finished with positive AGR in February compared to the results from the Jan. 31 launch, when Encore Boston Harbor posted a one-day loss of more than $73,000.
Encore Harbor gets the lion’s share of handle
Running Top 10 February #SportsBetting handles by state: