Massachusetts Sports Betting Revenue Hits New High

The Massachusetts sports betting market just set a new record for monthly revenue. And the amount of money they raked in is staggering.

Reporting for May 2025, the Massachusetts Gaming Commission says The Bay State brought in $80.7 million in revenue specifically from sports betting. That is a significant increase compared to the same month in 2024. Last year, during this same period, sports betting in Massachusetts churned out just over $59 million in gross revenue. That makes the $80.7 million figure a whopping 36 percent increase.

It also means that May 2025 is the new record for Massachusetts sports betting revenue. That is pretty straightforward. But it raises another question: Is The Bay State also on track to have not just a banner month, but a record-setting year?

Full Details of Latest Massachusetts Sports Betting Revenue Reports

The Massachusetts sports betting scene is not the only one that fared well inside The Bay State. Casinos also reported a noticeable uptick in revenue as well. Here are the folks over at 1420 WBSM with more details on Massachusetts’ standout month:

“The three commercial casinos in the state, Plairidge Park Casino, MGM Springfield, and Encore Boston Harbor, collectively brought in about $105.36 million in gross gaming revenue in May 2025, according to a report by the Massachusetts Gaming Commission. Additionally, statewide revenue from online and retail sports wagering hit $80.73 million, a significant increase from the previous year and a record high for mobile betting. With total Gross Gaming Revenue (GGR) increasing by about 7.5% in May 2025 compared to the same month in 2024, from about $98 million to $105.4 million, Massachusetts' casino industry is continuing its remarkable upward trajectory. With $75.5 million, slot machines once again took the lead, followed by table games with $29.8 million.

“Encore Boston Harbour continues to be a noteworthy highlight, generating an exceptional $63.3 million in GGR, which represents over half of the state's casino profits. With $25.4 million and $16.6 million, respectively, MGM Springfield and Plainridge Park completed the top three…These numbers demonstrate consistent excitement across a range of visitor preferences, connecting low-stakes strategy with high-stakes play.”

This increase in retail casino business especially stands out. In-person gaming is supposed to be on the downslope. The proliferation of online sports betting in the United States has significantly drummed up remote access to gaming. That convenience has led to the vast majority of bets being run through mobile betting sites. Early estimates for 2025 have the share of wagers in the USA getting processed by online sportsbooks at over 90 percent.

Why are Massachusetts Casinos Enjoying a Revenue Bump?

Of course, the casino industry is not entirely tantamount to the sports betting industry. Online casinos are not as readily available in most states. Slots are no trouble to find. But if you want to play table-style games, you’re generally not going to beat the in-person experience.

Massachusetts sports betting laws are also helping the cause. While over 90 percent of sports beting in The Bay State takes place online, certain casinos have physical sportsbooks on-site. That is a draw by itself, effectively giving patrons yet another reason to visit.

Whether this trend continues for casinos will be something to monitor. Experts almost universally agree the brick-and-mortar gambling model is a shaky long-term proposition. However, they also recognize there is more of a visceral appeal to the in-person experience.

Turning to sports betting online is much different than doing it in-person. And when you place wagers on-site, you’re not doing it for the protracted experience. That is tied to actually watching—or attending—the event on which you’re gambling.

Slot machines and table-style games are entirely different beasts. So much of their appeal is rooted in the physical experience. You’re sitting alongside other players, competing against a tangible version of The House. There will always be a unique appeal to that. The Massachusetts casino industry is proving as much.

Massachusetts Sports Betting is Tracking Toward a Record Year

It turns out monthly records aren't the only milestone Massachusetts sports betting may hit. The market is also on pace for an all-time amount of yearly revenue.

As things stand, Massachusetts sports betting profits in 2024 are the standard-bearer. The state’s gaming outfits reported an estimated $671.4 million in gross revenue. But the number does not seem like it will stand for long.

With five months worth of reports in the books, Massachusetts sports betting operators have recorded over $366 million in gross gaming revenue (GGR). If they keep up this pace for the rest of 2025, they will finish with nearly $880 million in GGR. That would be almost a 31 percent increase over what sportsbooks in The Bay State recorded for 2024.

Indeed, the Massachusetts sports betting market is young enough that it arguably should be breaking records. But it theoretically gets harder after Year 2. The Bay State is in their third full calendar year. Many also wondered whether proposed sports betting restrictions might adversely impact how the market fares in 2025.

If the data through half of the year is any indication, Massachusetts’ sports betting purse has nothing to worry about. On the contrary, just like May 2025 was a record-setting month, the entirety of 2025 is shaping up to be a record-setting year.

Take a look at this list of the top online sportsbooks so you can find one that works for all of your sports betting needs: