After a strong start to online sports betting in January, Massachusetts sportsbooks (and casinos) saw revenue drop in February.
The state’s three casinos, three retail sportsbooks, and nine online sportsbooks generated $153.1 million in taxable revenue this past month. February’s revenue dipped around $11.5 million from January, a decline largely due to fewer betting days and a considerable decline in sports betting revenue.
February’s per-day revenue total was just $33,000 lower than January’s daily totals.
Despite having fewer business days in February, Massachusetts’ three casinos (two traditional casinos and one racino) generated around $7 million more in revenue than in January 2024, good enough for a 7.5% increase.
