Massachusetts collects $9M from sports betting wagers settled in March

Tuesday, April 18, 2023 9:15 PM
Photo: Shutterstock
  • Chris Van Buskirk, MassLive.com

Massachusetts pulled in $9.3 million in tax revenue from the six mobile sports betting operators licensed to offer bets, state gaming regulators announced Tuesday.

The Massachusetts Gaming Commission said more than $568 million in wagers were settled last month, which saw gamblers take on March Madness. That breaks down into nearly $20 million settled in-person at one of the state’s three casinos and $548 million on mobile applications.

The state only saw $47 million in taxable gaming revenue leading to $9.3 million in total tax collected for the month. A spokesperson for the Gaming Commission said the money collected by sportsbooks during a particular month is taxable by the state, not the total amount in wagers settled.

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