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Revenues Static at Massachusetts Casinos Given Restrictions

Revenues are not impressive for Massachusetts casinos. In fact, only Encore Boston Harbor in Everett showed some profit in September, and a modest one at that.

According to the Massachusetts Gambling Commission, most casinos show flat revenues as a result of pandemic limits and restrictions. Of course, fewer patrons are coming in and less options are available for gambling.

At least Encore Boston Harbor in Everett brought in almost $43 million, stemming mostly from slots and table games. It is even better than August’s take at $42.4 million. Even this good news is tainted as revenues can’t compare to pre-coronavirus figures.

Looking at MGM Springfield, we see gambling revenues of $17.6 million in gambling revenue, a small drop from August. It doesn’t approach 2019’s $20.3 million.

While it does not have table games, Plainridge Park Casino in Plainville has slots that generated just under $10 million in September, a tad lower than the previous month. Again, comparing current profits from last year at this time, the venue had reported slots revenue at $11.5 million.

Thank goodness for those popular slots! Table games are holding their own despite social distancing. But they are nowhere where they were last year. It doesn’t even help that customers are tempted to spend more.

In any case, roulette has resumed at Encore and MGM Springfield, but still off limits are tournament poker and craps.

Source: https://www.bostonglobe.com/2020/10/15/business/revenue-mostly-flat-mass-casinos-restrictions-limit-gambling/

About the author

Melissa Critch

Melissa Critch

Melissa Critch is a lawyer by day and journalist in the free time. She likes to fact check and report latest Canadian news.

Melissa's hobby is to surfboard on the biggest sea waves possible.

She can be reached out at: melissa.critch@blog.ca

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