September set multiple MA sports betting revenue records, as operators and regulators saw handle and tax collections reach new monthly highs.

Operators kept more than 11% of handle for $75.4 million in revenue. The September tax payment topped $14.6 million, besting the market’s previous high of $14.2 million from January this year. The state has collected $187.9 million in sports betting taxes since the market opened in January 2023.

Popular MA sports betting apps

Boston-based bookmaker DraftKings led the online MA sports betting market in September handle and revenue. The hometown app accepted $355.2 million in bets and kept nearly 11.2% for $38.8 million in revenue.

FanDuel won $22.1 million behind a market-leading 12.3% September hold. Bettors staked $182.4 million with FanDuel online during the month.

BetMGM also kept more than 12% from players in September, winning $5.5 million from $45.6 million in bets.

Fanatics posts highest volume month

Fanatics set a new high-water mark for monthly volume since debuting in the MA sports betting market.

Bettors staked $37.9 million through the app in September. It was the first time since its Bay State launch in May 2023 that Fanatics handled more than $26 million in a single month.

Fanatics cleared $1.9 million in revenue behind a 5% monthly hold.

Massachusetts sports betting growth

Record handle in September helped across-the-board growth for the Massachusetts sports betting market.

Total volume was up nearly 31% over the $519.8 million bet in September 2023. Operator revenue was up almost 48% with winnings at $75.4 million in September this year compared to $51 million during the same month last year.

The $14.6 million September tax payment was nearly $5 million more than the $9.9 million collected in September 2023.