The Massachusetts Gaming Commission (MGC) released its FY2025 Annual Report on July 23, 2026, providing the most comprehensive year-end look at how sports betting, casino gaming, horse racing, and daily fantasy sports are performing in the Commonwealth. The report covers the fiscal year running July 1, 2024, through June 30, 2025, and confirms Massachusetts as one of the most productive regulated gaming markets in the United States.

Total gaming tax revenue delivered to the state in FY2025 reached $324.6 million, pushing the cumulative total since inception to $1.99 billion. Combined gross gaming revenue across all regulated categories hit $1.192 billion for the year, with cumulative-since-inception GGR now surpassing $7.07 billion.

Sports Betting: $766M in Revenue, $151M to State

FY2025 was the first full fiscal year of sports betting operations in Massachusetts, following the retail launch on January 31, 2023, and the online launch on March 10, 2023. Category 3 online operators (DraftKings, FanDuel, BetMGM, Caesars, Fanatics, theScore Bet, and Bally Bet) generated $748.9 million in adjusted gross sports wagering revenue (AGSWR) during FY2025 — resulting in $149.78 million in taxes to the Commonwealth at the 20% Category 3 tax rate.

The three Category 1 retail sportsbooks (Encore Boston Harbor, MGM Springfield, and Plainridge Park Casino) added $121.98 million in monthly handle across the fiscal year, generating $5.97 million in taxable AGSWR and $896,159 in retail taxes at the 15% rate. Combined, sports betting delivered $151.41 million to the Commonwealth in FY2025, with cumulative-since-inception sports betting tax revenue of $312.47 million.

Daily fantasy sports operators — regulated by the Attorney General but taxed via MGC — generated $33.08 million in AGFWR for FY2025, producing $4.96 million in state tax at the 15% DFS rate.

Casinos Steady at $1.19B GGR

Massachusetts' three brick-and-mortar casinos combined for $1.192 billion in gross gaming revenue in FY2025 and generated $340.63 million in taxes for the Commonwealth. Encore Boston Harbor led with $740.69 million GGR and $185.17 million in tax paid. MGM Springfield contributed $277.1 million GGR at $69.28 million in tax. Plainridge Park Casino — the state's only Category 2 slots-only facility — added $175.87 million GGR at the higher 49% Category 2 combined tax rate, delivering $86.18 million in combined state tax and Race Horse Development Fund assessments.

Combined, Massachusetts casino operations employ approximately 5,300 people across the three properties. The MGC notes casino workforce diversity metrics of 44% women, 68% diverse, and 2.9% veterans.

Regulatory Milestones

MGC Chair Jordan Maynard highlighted several FY2025 achievements in the report's letter to Governor Maura Healey. Chief among them: the Commission's national leadership on the sportsbook account-limitation issue that culminated in the June 1, 2026, transparency rule requiring operators to notify limited bettors within 48 hours with specific, personalized explanations for the restriction.

"The MGC has taken a leading role in the national discussion on wager limitations, examining this issue with a focus on our ongoing commitment to consumer protection," Maynard wrote. "We will continue listening to patrons and working with our licensees to ensure sports wagering is regulated in a fair and transparent way in the Commonwealth."

The MGC also formally launched its Seal of Approval program in FY2025 — a state-mandated compliance seal that every licensed sportsbook must display on its user interface. The seal serves as a public signal that a platform is regulated by the MGC and not an offshore or unlicensed operator.

A new commissioner, Paul Brodeur, was appointed in November 2024 by Governor Healey to replace outgoing leadership. Brodeur brings legislative and community experience to the five-member commission.

Responsible Gaming and Consumer Protection

The MGC's responsible gaming programs continued to grow enrollment in FY2025. The Voluntary Self-Exclusion (VSE) program added 2,052 new gaming enrollees and 794 new sports-wagering enrollees, while the PlayMyWay budget-setting tool for electronic gaming machines reached 62,102 total participants across MGM Springfield, Encore Boston Harbor, and Plainridge Park.

Investigations and Enforcement Bureau (IEB) Gaming Agents helped the Department of Revenue intercept $3.9 million in unpaid taxes and child-support payments from casino patrons attempting to collect gaming winnings during the fiscal year — a lesser-known but meaningful revenue-recovery mechanism.

Community Investment: Record $22.8M in Mitigation Grants

The Community Mitigation Fund (CMF) — which allocates 6.5% of gross gaming tax revenue to local communities near casino properties — distributed a record $22.8 million in grants during FY2025, its second year operating under the new Block Grant formula. Cumulative CMF grants since 2015 have now reached nearly $79.5 million.

Notable FY2025 grants included $2.61 million to Boston for public safety strategy, harborwalk extension, and intersection improvements; $2.45 million to Everett (host city of Encore Boston Harbor); and continued support for workforce development programs at Holyoke Community College and the Metro Boston Regional Hospitality Consortium.

Horse Racing and Fantasy Sports

Massachusetts hosted 109 days of live standardbred harness racing in 2025, with $238.1 million in pari-mutuel handle across the year. The Race Horse Development Fund received $20.7 million in FY2025, funded primarily by the 9% assessment on Plainridge Park slots GGR. Cumulative RHDF distributions since inception have topped $180.38 million.

What FY2026 Will Show

FY2026 (July 2025 – June 2026) is on track to eclipse FY2025 across nearly every metric. Monthly sports wagering handle in the second half of FY2026 (calendar 2026) has consistently exceeded $600 million, with April 2026 hitting $678.4 million and cumulative sports betting tax now surpassing $477 million as of June 2026. The transparency rule for account limitations — the direct outcome of the MGC's FY2025 wager-limitations work — is now in force, and its impact will be a central story in the FY2026 report next summer.