The Massachusetts Gaming Commission granted temporary online sports-betting licenses to Bally Interactive’s (BALY) BallyBet, Penn Entertainment’s (PENN) Barstool Sportbook, MGM Resorts (MGM) and Entain’s (OTCPK:GMVHF) BetMGM, Caesars Entertainment’s (CZR) Caesars Sportsbook, DraftKings (NASDAQ:DKNG), Fanatics (FANA), Wynn Resorts’ (WYNN) WynnBet, Betr, and Flutter Entertainment’s (OTCPK:PDYPY) FanDuel. Pointbet withdrew its online sports betting application in the state
In-person sports betting in Massachusetts began at the very end of January.
Overall, gross gaming revenue for January at Plainridge Park Casino, MGM Springfield (MGM) and Encore Boston Harbor (WYNN) was $96.9M. Each of those properties launched sports wagering on January 31. Approximately $65,706 in gross sports wagering revenue was generated at MGM and Plainridge for the month of January, which consisted of just the one day of operations.
DraftKings (DKNG), which is headquartered in Boston, showed a 3.25% decline at 1:01 p.m. on Thursday.