DraftKings and FanDuel Dominate Massachusetts During First Quarter

To the surprise of absolutely nobody, DraftKings and FanDuel were far and away the most popular of our best sports betting apps in Massachusetts through the first quarter of 2024. The two North American sports betting behemoths have been the ones to catch since legal mobile sports betting went live in the state on March 10, 2023, and apparently did not slow in the slightest through the end of March 2024.

On Monday, all six Massachusetts sports betting apps presented their Q1 results to the Massachusetts Gaming Commission. The various reports included the participating sportsbooks’ total revenues, tax contributions to Massachusetts state and local coffers, and responsible gaming measures, which were a huge part of each gaining a license in the Bay State in the first place.

The figures confirmed what everybody in the Massachusetts market already knew - that home-state DraftKings and FanDuel were by far the most popular Massachusetts sports betting sites over the three-month period, with DraftKings easily the most successful. Make sure to see what they have to offer by using our DraftKings promo code or FanDuel promo code.

DraftKings and FanDuel in a class by themselves

Boston-based DraftKings Massachusetts has frequently garnered over 50% of the state's monthly handles and over half of the state revenues and taxes. Its numbers for the first three months of 2024 are impressive, although they didn’t quite account for half of any measurable categories.

Both DraftKings and FanDuel made up their own tier in the Massachusetts sports betting market, with none of the other four Massachusetts sports betting apps even coming close to their revenues and taxes paid. The #1 and #2 Massachusetts sports betting sites Q1 figures are as follows:

• DraftKings Massachusetts - $91,855,541 in total revenues, $17,931,533 in taxes paid and  10.2% hold 
• FanDuel Massachusetts - $54,351,010 in total revenue, $10,870,202 in taxes paid and a 10.25% hold

And what about the rest?

The remaining four Massachusetts sports betting apps did not even come close to DraftKings and FanDuel in the first three months of 2024. Only one hit the $10 million mark in total revenue. Despite that, plenty of Massachusetts sportsbook promos exist that aren't for just the big two.

That provider, BetMGM Massachusetts, reported $10,127,132 in total revenue and $2,025,426 in tax revenue for the first three months of 2024. Residents who are interested in what Massachusetts' third book has on tap can use our BetMGM bonus code.

The remaining there are as follows:

• Caesars Sportsbook Massachusetts - $3,129,923 in total revenue with $2,966,738 in tax revenue
• ESPN BET Massachusetts - $6,585,180 in total revenue and $1,317,036 in tax revenue
• Fanatics Betting and Gaming Massachusetts - $3,148,459 in total revenues and $603,625 in tax revenue

DraftKings continues to be in a league of its own among Massachusetts sports betting apps with little reason to think an imminent change in its overall dominance in the state is possible.

FanDuel Massachusetts and BetMGM Massachusetts continue to dominate the Bay State's sportsbook market, while questions remain about the viability of the other three. 

The bottom three certainly have some work to do to maintain relevance in the top-10 national sports betting market. Smart money is on the top two to continue to dominate, with the bottom three struggling to increase their market share moving forward.