How the Last Two Sports Betting States Rank

Massachusetts will launch sports betting on January 1, 2023. It will be the third state to do so after Maryland and Ohio.

Maryland, Ohio and Massachusetts are adding 25 million residents to the number of U.S. residents with access to legal sports betting. All three states are expected to be strong sports gambling markets. Massachusetts has a middling population but is at or near the top in virtually every economic statistic.

H2 Gambling Capital listed five states that would account for 56% of all U.S. sports betting revenue: California, New York, NY, NJ, Nevada, and MA.

To reach $1 billion in monthly handle, Massachusetts needs to become capable of $2 billion monthly.

Massachusetts needs to eclipse $140 in betting handle per resident in a month to reach $1 billion in gambling handle.

Massachusetts doesn't need to beat Illinois to get into the Top 5 U.S. sports betting states.

Massachusetts has the best-in-the-nation median household income. Massachusetts has a good track record of turning that income into gambling revenue. The average Massachusetts resident spends over $800 annually on the lottery. New York ranks second with a lottery spend of $455 per capita. Sports betting was illegal in Massachusetts up until now, but betting has been widely available. Massachusetts also has four storied franchises and a passionate fanbase.

Massachusetts is in the conversation with states with nearly double the Bay State's population. Other states will continue to push the state.

How the Last Two Sports Betting States Rank.