Boston Sunday Globe

Sports betting off to fast start in Mass.

- — MICHAEL SILVERMAN

Three findings popped out from the results of the first 22 days of online sports betting in Massachuse­tts. One, there’s a healthy appetite for sports betting in the state, with bettors ponying up more than half a billion dollars — $568,091,233 — last month. Two, bettors showed an overwhelmi­ng preference — 96.5 percent vs. 3.5 percent — to bet online rather than visit one of the three sportsbook­s in the state. And three, the combinatio­n of being local and spending heavily on advertisin­g featuring local sports icons helped DraftKings grab 47 percent of the wagers made among the six online operators that launched March 10, according to last month’s figures released Tuesday by the Massachuse­tts Gaming Commission. Trailing the $257-plus million bet with Bostonbase­d DraftKings was the $181-plus million wagered with nationwide market share leader FanDuel, with 33 percent of the market. That left 20 percent of the market to four others: BetMGM with 8.3 percent, Barstool with 5.4 percent, WynnBEt with 3.3 percent, and Caesars with 3 percent. Nationwide, FanDuel has about 47 percent of the market, with DraftKings at 27 percent, BetMGM at 11 percent, and all others below 10 percent, according to February figures from Eilers & Krejcik Gaming (EKG). An EKG analysis Tuesday described the March numbers as “a very punchy opening month for Massachuse­tts,” noting that the adult per capita wagering figure of $165 in the state was higher than two other new sports betting states, Ohio ($123) and Maryland ($153). Citing digital advertisin­g data from Pathmatics, the analysis suggested that “Boston was the most targeted media market among leading US online sports betting brands.”

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