Massachusetts gaming revenue declines in April
Gross gaming revenue increased by 1.9 per cent year-over-year.
US.- The Massachusetts Gaming Commission (MGC) has reported that Plainridge Park Casino (PPC), MGM Springfield (MGM), and Encore Boston Harbor (EBH) generated $100.2m in gross gaming revenue (GGR) in April. That’s a decrease of 1.9 per cent year-over-year.
Encore Boston Harbor led the market with $60m in GGR: $21.9m from table games and $38.1m from slots. MGM Springfield followed with $24.5m ($4.6m from table games and $19.9m from slots), while Plainridge Park Casino generated $15.7m from slots.
According to the report, the seven online sports wagering licensees and the three in-person licensees took a sports betting handle of $678.4m, with $670.7m bet online and $7.7m at casinos. Taxable revenue totalled $81.8m, and tax collected was $16.3m.
Since each gaming facility opened, the Commonwealth has collected $2.4bn in taxes and assessments from casino operations. It has collected $453m in total taxes and assessments from sports wagering since operations began in person on January 31, 2023, and online on March 10, 2023.
The MGC recently voted unanimously to reopen the sports wagering licensing process. The decision was driven by a request from Bet365, which wants to apply for a Category 3 Sports Wagering Licence.
