In the chilly month of January, Maine warmed up with a sizzling $38.1 million in sports bets, marking its third month into the exciting world of regulated Sports Betting.
Leading the charge, DraftKings, in partnership with the Passamaquoddy Tribe, scored big with a whopping $32.1 million in bets, dominating 84% of Maine’s sports betting scene for the month. Talk about being a major player!
Teaming up with the Penobscot, Maliseet, & Micmac Tribes, Caesars threw its hat in the ring with an impressive $6.1 million in sports wagers. Not too shabby, right?
Let’s break down the numbers in Maine’s Sports Betting Scorecard for January 2024 (in dollars ):
- DraftKings: Handled a massive $32,068,325, winning a cool $4,884,396 (That’s a 15.2% margin!).
- Caesars: Rolled in with $6,065,603, securing wins of $792,145 (13.1% margin).
- Grand Total: A jaw-dropping $38,133,928 with a total gross win of $5,676,541 (Overall margin: 14.9%).
Drumroll, please! The total sports betting gross win in Maine hit a high note at $5.7 million, divided between DraftKings’ lion’s share of $4.9 million and Caesars’ cool $792,145. Maine’s betting scene is clearly booming!
As for Maine’s financial win, the adjusted gross revenue in January was a sweet $5.5 million, contributing a handsome $546,149 in betting taxes to the state’s coffers. DraftKings contributed a generous $471,773, while Caesars added a neat $74,376. Talk about a win-win for everyone!
The post 📈 Maine Celebrates $38M Surge in January Sports Betting 🎰 first appeared on Instant Win.
