Maine sports betting handle increases in April
The handle grew by 21 per cent year-on-year to $46.4m.
US.- Maine’s sports betting handle was $46.4m in April, up 21 per cent year-on-year but behind March’s handle of $50m. According to numbers provided by the Maine Gambling Control Unit, revenue was $5.6m, an increase of 36 per cent compared to April 2024.
DraftKings, partnered with the Passamaquoddy tribe, posted $4.6m in adjusted gross receipts from $38.2m in bets. Caesars, partnered with the Wabanaki nations Houlton Band of Maliseet Indians, Mi’kmaq nation and Penobscot nation, reported $926,863 from $7.9m. Maine’s first retail location, First Track Investments LLC’ Oddfellahs sports bar, which has a partnership with Caesars Sportsbook, reported $64,556 from $273,624.
Online casino in Maine
A bill introduced in April would allow Maine’s four federally recognised tribes to offer online casino games. LD 1164 would give each of the Wabanaki Nations one licence to contract with an operator, the same set-up used for online sports betting, to operate options such as poker, roulette and blackjack.
Under the bill, 16 per cent of gross receipts would be allocated to the state, funding areas such as addiction recovery services and health initiatives. The remaining revenue would be used by the tribes to support infrastructure and other community needs.