Maine’s November Sports Betting Handle Surpasses $37 Million

• Maine residents bet more than $37.6 million in their first month with legal sports betting.
• The state collected $464,151.27 is sports betting taxes for November.
• DraftKings received over 81% of the monthly handle and generated $4.6 million in revenue.

AUGUSTA, Maine – Excited Maine residents placed $37.6 million in the state’s first month with legal sports betting. The sports wagering revenue report posted by the Maine Gambling Control Unit breaks down all the sports betting numbers from Maine’s first legal month.

Nov. 3 marked the launch of legal sports betting in the Pine Tree State. According to November’s report, a total of $37,605,088 in sports wagers were placed at DraftKings and Caesars since the state’s initial launch.

DraftKings and Caesars are the state’s only two regulated sportsbooks at the moment, but BetMGM was recently selected as a retail sports betting partner for two of the state casinos. Penn Entertainment’s Hollywood Casino will presumably associate with ESPN Bet following their partnership with Penn Entertainment.

DraftKings Dominates Maine Sports Betting Market Share

DraftKings, the sports betting partner of the Passamaquoddy Tribe, received over $30.5 million in sports wagers for the month of November. That translates to 81.1% of the Maine sports betting market share in their first month.

Caesars, the state’s other legal online sportsbook, made up the remaining 18.9% of the market share. Maine residents bet a total of $7.05 million at Caesars in November, with Nov. 25 being the biggest sports betting day ($558,825) because of college football’s rivalry weekend.

While DraftKings made $4.2 million in revenue, Caesars only made $382,373 in sports betting revenue. Revenue reports from the Maine Gambling Control Unit show the state earned exactly $464,151 in taxes in their first month.

News tags: Caesars | DraftKings | Maine | Maine Gambling Control Unit