Montana Sports Betting
State Monopoly
State Market Snapshot
Authorized Operators
Sports Bet Montana
Market Notes
- Handle and growth: $7.8 million wagered in October 2025, a 3% year-over-year increase and a record monthly high; FY 2025 full-year handle reached $66.18 million, representing steady single-digit growth from 2024, fueled heavily by fall surges from NFL and college football action.
- Market split: 100% via the state-run Sports Bet Montana platform, including geofenced mobile app access and kiosks at over 560 licensed lottery retailers (bars, taverns, and stores); no competitive operators or statewide untethered online betting available.
- Hold and tax: statewide hold averaged 10.7% for the fiscal year ($7.1 million gross gaming revenue in 2024 rising to $9.6 million projected for the full 2025 cycle); Montana operates a monopoly model where all net revenue (after payouts and retailer shares) supports state programs, returning $5.95 million directly to the state in FY 2025, with no traditional tax rate applied.
- Regulatory note: Intralot secured a new seven-year lottery contract in August 2025 after a competitive bidding process, deploying its LotosX Omni platform and PhotonX terminals to modernize the retail network; discussions continue regarding expanding mobile access beyond geofenced locations, but no bills advanced in the 2025 session, while SB 555 officially banned sweepstakes casinos effective October 1.