Massachusetts sportsbooks as a collective produced a handle of $658.7 million in December, creating more than $12 million in tax funding.
ESPN Bet’s $50 million handle was 7.6% of the state’s total and 15.8% of the total reached by DraftKings, the state leader in online sports betting.
The $50 million was also 26.7% of the handle reported by FanDuel, the American leader in sports betting.
The $816,000 in sports betting tax revenue ESPN Bet helped produce was also 13.6% of DraftKings’ $6 million and 21.5% of FanDuel’s $3.8 million.
The two other members of the Big Four operators, BetMGM and Caesars, paled in comparison to the Penn Entertainment and Disney-backed project. Both platforms have been in operation for years nationwide and were present in Massachusetts when the state launched its market in March 2023.
BetMGM finished only $150,000 behind ESPN Bet in November but was a whopping $10.8 million off pace in December betting handle (which it finished with $39.2 million).
Caesars was even further off the mark. The worldwide gaming entity finished December with a betting handle of $24.2 million, less than 50% of ESPN Bet’s total.
Caesars and BetMGM combined won a little over $4.2 million, which is exactly what ESPN Bet claimed on its own.
Fanatics and WynnBet rounded out the list of operators with a combined $26.1 million in revenue. Micro-betting-focused platform Betr struggled, reporting less than $500,000 in total handle.