Feb 9, 2024 - News

Massachusetts' sports betting market poised to bring in millions in 2024

Credit: Data: Legal Sports Report; Chart: Axios Visuals
Credit: Data: Legal Sports Report; Chart: Axios Visuals

If 2023 was any indication, this year will be a boon for sports betting in Massachusetts.

By the numbers: Massachusetts processed nearly $5 billion worth of sports bets last year— and online sports betting wasn't even live in time for the 2023 Super Bowl.

  • The state's licensed sports betting companies made more than $483 million collectively in 2023.
  • The market brought in more than $93 million into the state's coffers.

Details: Online sports betting companies have processed the majority of wagers in Massachusetts.

  • Activity dipped in the summer months, but like in many markets, bets ramped up again during football season.
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