Massachusetts Casino Revenue Up in February, Overall Gambling Revenue Down

Following a strong start to online sports betting in January, Massachusetts saw a modest decline in revenue across its sportsbooks and casinos in February.

Throughout the month, the state's:

• Three casinos

• Three retail sportsbooks

• Nine online sportsbooks

collectively generated $153.1 million in taxable revenue — down by roughly $11.5 million compared to January. The dip was largely attributed to fewer betting days and reduced sports wagering activity.

Despite this, daily revenue in February was only $33,000 less than January’s, reflecting relative stability. Interestingly, casino revenue rose by 7.5% month-on-month, with the state’s two casinos and one racino earning $7 million more than in January. Year-over-year figures also improved by approximately $2.5 million, ranking February as the fifth-highest revenue month in the last 13 months.

However, the sports betting sector faced a 26% drop in revenue from the previous month — about $20 million — a common trend across the U.S. following the end of the NFL season.

According to the Massachusetts Gaming Commission, the online sportsbook market remains heavily dominated by:

• DraftKings – $30.8 million in revenue

• FanDuel – $14 million

• BetMGM – $3.3 million

Other contributors included ESPN Bet ($2.2 million) and Fanatics ($1.1 million).

Month-on-month, DraftKings’ revenue declined by $5.3 million, while FanDuel saw an even steeper $11 million drop.

As Massachusetts’ gaming industry continues to expand, February’s figures highlight steady casino performance amid seasonal sportsbook fluctuations — a reminder that even in slower months, the state’s gaming sector remains resilient.