The Massachusetts Gaming Commission reported on Friday $77.6 million in gross sports betting revenue for February as sportsbooks capitalized on the New England Patriots losing Super Bowl LX.
The agency did not publish Super Bowl-specific wagering figures, but the most popular wagers all look to have broken the house’s way — from the Patriots moneyline in the 29-13 loss to the Seattle Seahawks, to the total coming under the consensus close of 45.5 points, to New England’s touchdowns coming from rather unlikely scorers Mack Hollins and Rhamondre Stevenson.
That resulted in revenue increasing 15.7% from last year, and a 12.5% hold against $619.9 million handle. Despite the local Super Bowl rooting interest, overall wagering was actually down 1.3% from February 2025.
The state was able to levy taxes on $76.1 million in adjusted gross revenue, re-directing $15.2 million to its coffers. Current fiscal-year AGR is up 17.3% from 2024-25 at $579.4 million, contributing to a $17 million increase in receipts.
DraftKings humming in home state
DraftKings continued to hold sway in its home state, again eclipsing a 50% market share for mobile handle with $314.7 million worth of wagers accepted. The 13.8% hold that yielded $43.3 million in revenue was its third-highest in the state and best since a near-14% win rate in January 2025.
Revenue was up 17.8% from last year as DraftKings extended its run with $40 million or more in gross winnings to four months. Eternal rival FanDuel also had a 13%-plus hold in claiming $19.7 million, but the 12.2% decline in handle to $146.8 million meant revenue was practically flat compared to the previous February.
FanDuel did surpass $6 billion in all-time handle and $650 million in total gross revenue with February’s figures.
BetMGM grabbed the final podium spot for revenue with $5.2 million, attaining a 10.8% win rate against $47.8 million handle. Fanatics was third for accepted wagers with $55.6 million, but a more conventional 8.2% hold resulted in $4.6 million in winnings. That total, though, was up 46.5% from 12 months prior as handle surged 68.2%.
Caesars ($1.9 million) beat out TheScore Bet ($1.7 million) to round out the top five for revenue, though the latter had the better hold of the pair at 9.3%.
Retail books get their licks in
Massachusetts’ three brick-and-mortar sportsbooks had their best February in terms of hold, landing at 11.1%. While the trio did not come near the $2.1 million in revenue collected in 2023 prior to the mobile launch in the Bay State, the $973,300 won this year was a greater-than-four-fold increase from 2025.
Bay State sportsbooks joined their Louisiana counterparts as the only states thus far in February to have a 12% or higher hold with a minimum $300 million handle.
