Gambling revenue

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 […]
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MGM Springfield Gambling Revenue Increases By $2.3 Million In October

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 […]
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MA Breaks $1 Billion Dollar Barrier in Gaming Proceeds

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 […]
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MA Breaks $1 Billion Dollar Barrier in Gaming Proceeds

$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. We began from an […]
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