Massachusetts Sports Betting Revenue Spikes After Patriots’ Super Bowl Loss
The Bay State’s sportsbooks generated $77.6 million in gross revenue, the highest ever for February, despite the handle dipping 1.3% year over year.
Want to get more Covers content? Add us as a preferred source on your Google account here . The home-state team’s loss in Super Bowl LX predictably produced a big win for sports betting operators in Massachusetts.
Key Takeaways The Patriots’ loss led to a 12. 5% hold for Bay State operators. DraftKings produced the most profit behind a 13.
75% win rate. FanDuel and BetMGM were the only other two online sportsbooks to reach double digits. The New England Patriots failed to cover as underdogs in a 29-13 Seattle Seahawks victory last month, leading to the biggest February gross revenue haul ever in the Bay State and an impressive 12.
5% hold on a $619. 9-million handle. The Massachusetts Gaming Commission recently reported that online and retail sportsbooks produced $77.