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Sports News and Insights - RG

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DraftKings took 49% of Massachusetts online handle in May 2026, leading a $632.1M market. Revenue fell to $70.6M on a softer hold, and state tax was $14.1M.

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Maryland took a record $535.4M in May 2026 sports bets, up 6.1% YoY, with $49.6M in revenue at a 12.30% hold. State tax rose 27.8% to $9.9M at the 15% rate.

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Tennessee took $443M in May 2026 sports bets at a 9.25% hold. As the only state taxing handle (1.85%) rather than revenue, its tax stays tied to volume. Full breakdown.

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Pennsylvania took $595.6M in May 2026 sports bets, down 9.1% YoY, and revenue fell 33% to $50.8M as hold cooled to 8.53%. State tax was $17.3M at the 34% rate.

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Connecticut took $187.3M in May 2026 sports bets, up 1.8% YoY, but revenue fell 13.6% to $15.6M as hold dropped to 8.31%. State tax was $2.14M at the 13.75% rate.

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