Maine Sports Betting Sees Modest Handle Growth in December
December brought mixed results for Maine’s sports betting market. The total handle reached $52.7 million, a 1.5% increase from November’s figures. However, gross revenue dropped significantly, falling to $3.9 million compared to $8 million in November. This resulted in $417,000 in tax revenue for the state.

Operator Performance in December
Maine’s sports betting market continues to be dominated by DraftKings, though other operators like Caesars showed signs of growth:
DraftKings Mobile Sportsbook:
- Handle: $44.7 million
- Gross Revenue: $3.4 million
Caesars Mobile Sportsbook:
- Handle: $7.6 million
- Gross Revenue: $500,000
Caesars Retail Sportsbooks:
- Handle: $452,000
- Gross Revenue: $17,000
DraftKings accounted for the majority of wagers placed, with its mobile platform alone generating nearly 85% of December’s total handle. Caesars Mobile Sportsbook, while much smaller, posted steady growth, marking its third consecutive month of increased wagering activity.
Why December Revenue Declined
Despite the modest handle increase, gross revenue for December dropped sharply. This decline can be attributed to several factors, including bettor-friendly results in major sports, which led to higher payouts. As a result, operator hold rates were lower than usual, cutting into profits.
This volatility isn’t new to Maine’s sports betting market, which has seen fluctuating revenues in recent months.
A Closer Look at Annual Performance
Over the past 12 months, DraftKings has maintained its dominant position in Maine’s sports betting market. The operator handled $445.7 million in wagers, generating $49 million in adjusted gross revenue.
In the same period, Caesars Mobile Sportsbook recorded $77.2 million in handle and $6.1 million in gross revenue.
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