Massachusetts rakes in $100.6m in February casino revenue

March 18, 2024
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Its sports betting handle reached almost $542.5m.

The Massachusetts Gaming Commission has released its gambling results for the month of February. The state's casinos brought in close to approximately $100.57m in gross gaming revenue (GGR) for the month.

During February, slots accounted for $66.3m of the state’s total GGR, while table games brought in another $34.2m.

In a breakdown of earnings by casino, MGM Springfield ended the month with $22.9m in revenue from table games and slots during the month. Encore Boston Harbor raked in $64.4m in revenue in December, while Plainridge Park Casino brought in close to $13.2m in revenue from slots and table games.

During February, Plainridge Park Casino, MGM Springfield and Encore Boston Harbor paid $28.3m in state taxes.

To date, all three casinos have paid nearly $1.67bn in taxes to the state since the destinations have opened, according to the report. All three casinos hold Category 1 licenses, which allow them to operate retail sports betting locations in their casinos.

In the area of sports betting, the state reported collecting almost $542.5m in wagers in February and paid close to $10.5m in state taxes.

The state’s online and retail sports betting locations contributed almost $52.5m in taxable sports wagering revenue as well for December.

Retail sports betting became legal in Massachusetts in January 2023. The state welcomed the online sports betting market in March 2023.

BetMGM, Caesars Sportsbook, DraftKings, ESPN Bet, Fanatics Betting & Gaming and FanDuel currently hold licenses in the state to function as Category 3 operators.

However, Betr and WynnBet recently announced that they will no longer offer online sports betting services in Massachusetts.

Though Massachusetts players will no longer have the option to place bets through the WynnBet app, the operator confirmed it will continue to offer retail sports betting services at Encore Boston Harbor.

State-by-State

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