Gambling revenue Archives

A chalkboard drawing of an incrementally increasing chart to represent the growth in the Massachusetts casino market

October Casino Revenue In Massachusetts Ticks Up To Nearly $97 Million

Casino revenue in Massachusetts increased slightly in October compared to the previous month, but it was still under $100M.

Posted on: November 16, 2023 | | Adam Hensley

A picture of New England Patriots quarterback Mac Jones for a story about how the first NFL season for Massachusetts online sports betting led to nearly $500 million worth of wagers.

NFL Kickoff Sparks Nearly $500 Million In Bets At MA Online Sportsbooks

Massachusetts online sportsbooks handled nearly $500 million in September as the industry experiences its first NFL season.

Posted on: October 16, 2023 | | C.J. Pierre

Image of the word "change" on people doing business for story on Massachusetts gaming commission changing community mitigation fund

MA Regulators Approve Changes For Distribution Of Casino Tax Revenue

The Massachusetts Gaming Commission approved changes to how casino tax revenue is allocated by changing the community mitigation fund.

Posted on: September 21, 2023 | | Dan Holmes

MA Operators Handle More Than $300 Million Sports Bets In August

Massachusetts online sportsbook rebounded in August with $307.1 million in total bets, nearly a $20 million uptick from July's totals.

Posted on: September 15, 2023 | | C.J. Pierre

Massachusetts casinos February revenue report, from playma.com

February Mass Casino Revenue Shows Positive Effect Of Sportsbooks

Despite having three fewer days in February, Massachusetts casinos reported a higher combined revenue than they did in January.

Posted on: March 15, 2023 | | Matthew Bain

Responsible Gaming Program DraftKings Cambridge

DraftKings Q3 Results Lead To Major Swings In Stock

DraftKings Sportsbook has had a volatile November in terms of its place on the stock market. DraftKings reported its Q3 earnings earlier this month, and after the numbers were released, the company’s stock tumbled from $15.68 to $11.26. However, since the report was released several weeks ago, the stock has nearly recovered. Despite the drop […]

Posted on: November 28, 2022 | | Stephanie Wood

MGM Springfield Gambling Revenue Increases By $2.3 Million In October

After taking a dip in profits in September, MGM Springfield Casino saw an 11.3% increase in gross gaming revenue (GGR) for October. In its monthly revenue report, the Massachusetts Gaming Commission (MGC) announced that the casino’s GGR increased approximately $2.3 million. Overall, the casino’s October GGR totaled nearly $22.9 million compared to about $20.6 million […]

Posted on: November 17, 2022 | | Cheryl Coward

My experience with bonuses coming to Massachusetts sportsbooks, from playma.com

Lawmakers Expectations For Massachusetts Sports Betting Revenue

As the Massachusetts Gaming Commission (MGC) works through the legalities of the Massachusetts sports betting launch, nearby states are raking in the dough from sports wagering revenue. As of November, the MGC has a tentative timeline for Massachusetts to begin accepting sports wagers. The timeline puts a retail launch in January 2023, with mobile betting […]

Posted on: November 4, 2022 | | Cheryl Coward

$5 Million: Lost Tax Revenue Each Month Without MA Sports Betting This Football Season

Every month of football season that Massachusetts delays sports betting legalization, Massachusetts could be missing out on $5 million in tax revenue. That $5 million includes the four major sportsbook brands and retail sports betting live simultaneously. PlayMA forecasted Massachusetts’ data from all the other states that have legalized sports betting apps. We began from […]

Posted on: October 3, 2022 | | Chris Gerlacher

Record-setting 2022 boosted by $91 million at MA casinos for May

Record-Setting 2022 Boosted By $91M In May Revenue At Massachusetts Casinos

Casino revenue was boosted by $91M at Massachusetts casinos in May, as the state's casinos have generated $460M revenue so far this year.

Posted on: June 20, 2022 | | Tyler Andrews

Gambling revenue

October Casino Revenue In Massachusetts Ticks Up To Nearly $97 Million

NFL Kickoff Sparks Nearly $500 Million In Bets At MA Online Sportsbooks

MA Regulators Approve Changes For Distribution Of Casino Tax Revenue

MA Operators Handle More Than $300 Million Sports Bets In August

February Mass Casino Revenue Shows Positive Effect Of Sportsbooks

DraftKings Q3 Results Lead To Major Swings In Stock

MGM Springfield Gambling Revenue Increases By $2.3 Million In October

Lawmakers Expectations For Massachusetts Sports Betting Revenue

$5 Million: Lost Tax Revenue Each Month Without MA Sports Betting This Football Season

Record-Setting 2022 Boosted By $91M In May Revenue At Massachusetts Casinos

Expert: Massachusetts Will Move ‘Slowly’ To Legalize Online Casinos

Kevin Garnett: From NBA Superstar To BetMGM Sports Betting Icon

PlayMA Projects 5% Market Share For Fanatics In MA, Far Behind DraftKings & FanDuel

Online Lottery ‘Probably Inevitable’ In Massachusetts, Says Industry Expert

MA Bettors Bet 13% More On Celtics Game 7 Than Any Other 2023 NBA Game

ESPN BET’s Hot Start Should Help PENN Gain Market Share In Massachusetts

No Indication Massachusetts Will Ban Sweepstakes Casinos

October Casino Revenue In Massachusetts Ticks Up To Nearly $97 Million

October Marks The Busiest Month In Massachusetts Sports Betting History

As One MA Casino Eyes Cashless System, Will The Other Two Follow Suit?