Massachusetts casinos reported $93.5 million in gross gaming revenue in January. According to the Massachusetts Gaming Commission, that resulted in $26.2 million in tax revenue for the Commonwealth.
Gross gaming revenue from slots and table games was down nearly $10 million compared to December.
Tax revenue dropped 9.4%. Revenue from the three Massachusetts casinos in January was the lowest in two years.
Encore towers over other two Massachusetts casinos in January revenue
There are three brick-and-mortar casinos in the state. Online casinos in Massachusetts are still prohibited.
Encore Boston Harbor was first in gross gaming revenue (GGR) in January at $60.9 million. MGM Springfield was a distant second with $20.7 million. Plainridge Park Casino reported $11.9 million GGR in January.
Here’s a complete revenue breakdown:
| Casino | Table Games Revenue | Slot Machine Revenue | Gross Gaming Revenue | Taxes |
|---|---|---|---|---|
| Encore Boston Harbor | $28,067,706 | $32,881,524 | $60,949,231 | $15,237,307 |
| MGM Springfield | $4,560,237 | $16,147,067 | $20,707,304 | $5,176,826 |
| Plainridge Park | N/A | $11,884 081 | $11,884,081 | $5,823,200 |
| Totals | $32,627,943 | $60,912,672 | $93,540,617 | $26,237,334 |
Encore’s tax bill was $15.2 million in January, about 58% of the tax revenue paid to the commonwealth for casino gaming activity last month.
Casino revenue drops every January compared to November and December. But last month’s drop was the largest in the last two years. The last time GGR was lower than last month’s was in January 2022, when the total was $82.4 million. The $22.9 million paid that month in taxes was the last time the figure was lower than what was paid last month.
Slot play was again the most popular form of activity in the casinos, with nearly two-thirds (65%) of revenue coming from that activity in January ($60.9 million). Table games accounted for $32.6 million at the two casinos that offer it: Encore and MGM.
