Maine sports handle surpasses $60 million in January

Sports Betting

Maine sportsbooks reported a total handle of $60,541,264.32 for January 2026, resulting in a taxable adjusted gross gaming revenue (AGGR) of $7,045,894.98 with an 11.64% hold, translating to $704,589.51 in state tax revenue.

This month highlights ongoing growth for Maine’s tribal-focused sports betting model, especially when compared to previous January figures.

Differing from open-license states like Iowa and New Jersey, Maine imposes restrictions on operator entry, leading to more measured growth in handle rather than rapid spikes.

The recent addition of Oxford Sportsbook could gradually impact market share, but the data for January 2026 does not yet indicate significant changes in the overall market structure. Notably, January 2026 recorded the highest handle across three years’ worth of January comparisons, while the 11.64% hold shows a return to more typical levels based on 2024–2025 performance.

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