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DraftKings, FanDuel Tops in Massachusetts For Q1 2024

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DraftKings, FanDuel Tops in Massachusetts For Q1 2024


Boston Celtics forward Jayson Tatum dribbles around Dallas Mavericks guard Luka Doncic

Mar 1, 2024; Boston, Massachusetts, USA; Boston Celtics forward Jayson Tatum (0) drives the ball against Dallas Mavericks guard Luka Doncic (77) in the second half at TD Garden. Mandatory Credit: David Butler II-USA TODAY Sports

  • Six licensed operators presented their 2024 first quarter results to the Massachusetts Gaming Commission
  • FanDuel, DraftKings were far and away the top operators in the state during its first three months of 2024
  • The commission did not ask operators questions about limiting users, but the topic was addressed

DraftKings and FanDuel dominated the Massachusetts sports betting landscape for the first three months of 2024.

The state’s six licensed online sports betting operators today presented their Q1 2024 results to the Massachusetts Gaming Commission, updating the regulatory body on their total revenues, taxes, and responsible gaming measures for the first three months of the year.

As expected, DraftKings and FanDuel were by far the two most popular operators in the state, combining to bring in more than $28 million in tax revenue for the commonwealth through March.

Nobody Close to the Top Two Operators

DraftKings and FanDuel both tallied the highest revenue totals and tax revenues for the state, with hardly any of the other four licensed category 3 sports betting operators coming close their Q1 totals.

DraftKings reported $91,855,541 in total revenues through the first three months, which led to  $17,931,533, good for a 10.2% hold. FanDuel reported $54,351,010 in total revenue in Massachusetts, with $10,870,202 going into the Massachusetts tax coffers, good for a 10.25% hold rate.

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No other licensed operator in the state eclipsed more than $3 million in tax revenue for Q1 2024.

Here are the total revenues and tax revenues for the remaining operators:

  • BetMGM: $10,127,132 in total revenue. $2,025,426 in Massachusetts tax revenue
  • Caesars Sportsbook: $3,129,923 in total revenue. $2,966,738 in Massachusetts tax revenue
  • ESPN BET: $6,585,180 in total revenue. $1,317,036 in Massachusetts tax revenue
  • Fanatics Betting and Gaming: $3,148,459 in total revenues. $603,625 in Massachusetts tax revenue

Touchy Subject Briefly Broached

Most watching the reports online wondered if the Massachusetts Gaming Commission would touch on the operators not participating in a recent public meeting held by the commission to discuss the practice of limiting users who win too often.

This is the first public meeting the operators attended since declining to attend the limit meeting, but the MGC did not broach the subject during the day.

MGC Interim Chair Jordan Maynard, however, did briefly mention the subject. The interim chair revealed that FanDuel reached out to the commission last Friday hoping to discuss the practice in a non-public meeting.

While Maynard thanked the operator for attempting to set the record straight, he said discussions on the subject would only take place in a public setting.

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“I will ensure that FanDuel and any other operator know that each commissioner will need to be updated in a way that is transparent and fully compliant with the open meeting law. That said, I wanted to acknowledge that reach out and I’m hopeful for the future as our learning on this issue continues,” he said.

A follow up discussion on limiting users has been set by the MGC for Thursday, June 20.

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Robert Linnehan

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Massachusetts

With Joey Chestnut out, Massachusetts resident Geoffrey Esper has ‘chance’ to win Nathan’s Hot Dog Eating Contest

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With Joey Chestnut out, Massachusetts resident Geoffrey Esper has ‘chance’ to win Nathan’s Hot Dog Eating Contest


Could a Bay Stater take the championship belt at the iconic Nathan’s Hot Dog Eating Contest?

With world record holder Joey Chestnut out this year, the door has been opened for a new champ — which could be Massachusetts resident Geoffrey Esper.

The 49-year-old Oxford man, who finished in second place at last year’s contest, is one of the favorites for the legendary competition on the Fourth of July.

“I got a chance at the belt now,” Esper told the Herald ahead of Thursday’s contest.

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“It’s still not going to be easy,” he added. “There are three other guys who are all pretty close, so it should be very close.”

The annual Nathan’s Famous Fourth of July International Hot Dog Eating Championship, an American holiday tradition, will be held at the iconic Nathan’s Famous flagship restaurant at the corner of Surf and Stillwell avenues in Coney Island.

Last year, Chestnut claimed his 16th victory with 62 hot dogs and buns in the 10-minute, all-you-can-eat contest. Chestnut’s world record is 76 hot dogs and buns.

But Chestnut won’t be competing this year after he signed a deal with a rival brand. That means Esper, whose personal record is 51 hot dogs and buns, could get the top prize.

“It just depends on who has a really good day, and we’ll see what happens,” said Esper, who teaches electronics at Bay Path Regional Vocational Technical High School in Charlton.

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“I’m just going to go out there and try to do my best,” he added.

The women’s competition begins at 11 a.m. on Thursday, and the men’s competition will start at 12:30 p.m. Nathan’s Famous will also make its annual donation of 100,000 Nathan’s Famous hot dogs to the Food Bank for New York City prior to the event.

“Nathan’s Famous Fourth of July International Hot Dog Eating Contest is the ultimate American holiday tradition,” said Phil McCann, VP of Marketing at Nathan’s Famous. “Each year thousands of fans join us at Nathan’s Flagship on the corner of Surf and Stillwell to witness history in the making.”

Thousands make the trip to Surf and Stillwell avenues in Coney Island each year to watch the event in person. According to Major League Eating archives, the Nathan’s Famous Fourth of July International Hot Dog Eating Championship has occurred each July 4 in Coney Island since 1916.

“The Nathan’s Famous Fourth of July Hot Dog Eating Contest has transformed America’s Independence Day into an international affair,” said Major League Eating Chair George Shea. “The greatest eaters from around the globe will once again convene in Coney Island to fight for the honor of their respective nations.”

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Massachusetts man sentenced for bribing examiner to pass failed road tests

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Massachusetts man sentenced for bribing examiner to pass failed road tests


BOSTON (WWLP) – A former driving instructor was sentenced to prison after pleading guilty to bribing a road test examiner to pass people who failed their road test, including some people who didn’t even show up.

According to the U.S. Attorney’s Office, 48-year-old Ngan Dinh of Boston was sentenced to two years in prison with the first six months to be served as home confinement with a GPS monitor. He must also pay a fine of $4,000 and a $5,450 forfeiture. Dinh pleaded guilty to one count of conspiracy to commit honest services mail fraud in March.

Dinh is a naturalized U.S. citizen who speaks Vietnamese and some English. Vietnamese immigrants who didn’t speak English would work with Dinh to help them understand RMV rules and requirements for a license. Instead, Dinh would bribe a road test examiner at the Brockton RMV to pass his customers on the road test after they failed the test. Some customers never showed up to their tests as well.

Customers would pay Dinh up to $1,200 in cash only. Dinh would also persuade the customers to pay him larger amounts by lying to them. In some cases during the COVID-19 pandemic, he would lie to his customers, saying the RMV wasn’t offering road tests due to the virus, but that was false. He claimed he could get them licenses during this time because he was a “certified rep” for the RMV. Dinh paid the employee $100 cash for each customer and kept the rest of the money for himself.

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