Casinos, Sportsbook Apps In Mass Combine For $151.6 March Revenue

Written By Dan Holmes on April 21, 2023 - Last Updated on June 22, 2023
March revenue at Massachusetts casinos, from playma.com

Massachusetts casinos and online sportsbooks made a combined revenue of $151.6 million in March. As a result, the state took in $38.8 million in March gambling taxes.

Encore Boston Harbor led the way in casino gross gaming revenue, with 63% of the market from table and slots gross gaming revenue in March. MGM Springfield was second and Plainridge Park Casino was third.

Retail sports wagering dips 23% in March

In February, when mobile sports betting apps were not yet available in Massachusetts, retail operators fared better, reporting $25.7 million in wages accepted at the three casinos. But with the launch of online sports betting apps starting March 10, that figure fell by nearly a quarter.

The state collected $218,296.96 in taxes from the three casinos for retail sports betting revenue in March, which is down from a little more than $300,000 in February.

Total handle by MA retail sportsbooks in March 2023

  1. Encore Boston Harbor … $13.4 million
  2. Plainridge Park Casino … $4.8 million
  3. MGM Springfield … $1.6 million

As was the case in February, EBH led the way in bets taken, but ranked lowest by revenue hold among the three casinos, at 5.2%. By comparison, Plainridge reported a revenue hold of 12.8%. MGM Springfield was still nearly twice that of EBH, at 10.6%.

Encore Boston Harbor’s tax bill from sports betting activity in March was $100,230, based on 15% of taxable gaming revenue. Springfield paid a little over $25,000, and Plainridge was responsible for $92,172.34 to the state.

Casino gambling totaled $104 million, paying $29.5 million in taxes

The three Massachusetts casinos reported $104.5 million in slots and table gross gaming revenue for March of 2023, which brought in a little less than $30 million to the state. The taxes paid by EBH, Plainridge and MGM Springfield were $29,550,009.12 for March of 2023. That’s an increase from $27,390,625.11 in February taxes.

Encore Boston Harbor casino gaming revenue & tax report by Month

MonthSlot GGRTable GGRTotal
Slot and Table GGR
Total (25%) in collected state taxes
February 2022$31,054,019.69$23,688,641.56$54,742,661.25$13,685,665.31
March 2022$35,181,572.90$29,685,959.75$64,867,532.65$16,216,883.16
April 2022$34,118,122.32$29,620,598.98$63,738,721.30$15,934,680.33
May 2022$32,624,183.92$25,408,848.58$58,033,032.50$14,508,258.13
June 2022$31,468,282.71$28,589,032.87$60,057,315.58$15,014,328.90
July 2022$35,051,906.67$29,672,721.61$64,724,628.28$16,181,157.07
August 2022$35,372,908.84$22,711,324.56$58,084,233.40$14,521,058.35
September 2022$32,941,867.36$28,642,137.95$61,584,005.31$15,396,001.33
October 2022$33,677,401.58$28,365,680.78$62,043,082.36$15,510,770.59
November 2022$32,841,989.82$26,588,480.33$59,430,470.15$14,857,617.54
December 2022$34,984,642.31$33,475,100.78$68,459,743.09$17,114,935.77
January 2023$34,197,723.87$27,659,200.57$61,856,924.44$15,464,231.11
February 2023$32,797,874.02$29,907,304.74$62,705,178.76$15,676,294.69
March 2023$36,230,027.77$29,248,142.34$66,178,170.11$16,554,542.53

MGM Springfield casino gaming revenue & tax report by month

MonthSlot GGRTable GGRTotal
Slot and Table GGR
Total (25%) in collected state taxes
February 2022$15,711,906.08$4,220,007.75$19,931,913.83$4,982,978.46
March 2022$18,837,606.75$5,442,915.75$24,280,522.50$6,070,130.63
April 2022$18,404,598.73$4,135,430.05$22,540,028.78$5,635,007.20
May 2022$17,113,181.60$4,039,067.85$21,152,249.45$5,288,062.36
June 2022$16,936,388.21$4,209,619.31$21,146,007.52$5,286,501.88
July 2022$17,275,318.86$4,242,403.60$21,517,722.46$5,379,430.62
August 2022$17,518,085.09$4,474,746.40$21,992,831.49$5,498,207.87
September 2022$16,358,042.03$4,213,605.83$20,571,647.86$5,142,911.97
October 2022$17,980,905.48$4,917,880.59$22,898,786.07$5,724,696.52
November 2022$17,327,291.21$4,706,483.14$22,033,774.35$5,508,443.59
December 2022$17,640,504.18$4,829,782.52$22,470,286.70$5,617,571.68
January 2023$18,452,254.93$4,401,494.82$22,853,749.75$5,713,437.44
February 2023$17,858,976.07$5,398,514.88$23,257,490.95$5,814,372.74
March 2023$19,792,210.64$4,287,427.13$24,079,637.77$6,019,909.44

Plainridge Park Casino gaming revenue & tax report by month

Plainridge paid the highest in taxes since May 2019, thanks to a profitable revenue hold on play in its casino.

MonthSlot GGRTotal in collected state taxes and rhdf
(49%)
February 2022$10,950,511.23$5,365,750.50
March 2022$12,937,163.66$6,339,210.19
April 2022$12,908,918.51$6,325,370.07
May 2022$11,731,163.49$5,748,270.11
June 2022$11,967,439.63$5,864,045.42
July 2022$12,498,196.15$6,124,116.11
August 2022$11,961,566.29$5,861,167.48
September 2022$12,199,572.68$5,977,790.61
October 2022$12,363,500.65$6,058,115.32
November 2022$11,392,148.60$5,582,152.81
December 2022$12,310,688.75$6,032,237.49
January 2023$12,166,668.78$5,961,667.70
February 2023$12,040,729.95$5,899,957.68
March 2023$14,256,239.09$6,985,557.15
Photo by Shutterstock.com
Dan Holmes Avatar
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Dan Holmes

Dan Holmes is a Staff Writer for PlayMA with plenty of experience under his belt. Dan has written three books about sports and previously worked for the National Baseball Hall of Fame and Major League Baseball. He also has extensive experience covering the launch of sports betting in other states, including Ohio and Maryland. Currently, Dan is residing in Michigan with his family.

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