Massachusetts reports $98.6m in casino revenue for July

The state generated $29.4m in revenue from sports betting.

Massachusetts reports $98.6m in casino revenue for July

The Massachusetts Gaming Commission has filed its financial report for July and revealed its three casinos – Plainridge Park Casino (PPC), MGM Springfield (MGM) and Encore Boston Harbor (EBH) generated a total of $98.6m in revenue.

The state also saw $29.4m in revenue from sports betting. This amount was accumulated across eight online sports betting licensees and three brick-and-mortar licensees.

Alongside collecting $29.4m in revenue from sports betting, the state also collected a total of $294.9m in bets.

Casino wagering saw Encore Boston Harbor in the lead, bringing in total revenue of $61.3m. Breaking down this sum, the casino brought in $26.5m from table games and $34.8m from slots.

Meanwhile, MGM Springfield made a total revenue of $23.5m, which is comprised of $4.8m from table games and $18.8m in revenue from slots. 

Plainridge Park Casino didn’t generate any revenue from table games but did garner a total of $13.9m from slots alone. 

FanDuel claimed $9.9m in taxable gaming revenue from $86.2m wagered, while BetMGM posted $2.5m in revenue from $22.5m in handle.

However, DraftKings reigned supreme, generating $14.4m in revenue – the most out of all operators in the state – while recording $144.9m in handle.

Furthermore, the new micro-betting app, Betr, generated the smallest amount of handle with $155,581 and made $10,983 in revenue. After Betr, the operator that generated the second least amount overall was Fanatics, which made $2.4m in handle and $221,478 in revenue. 

In total, the Massachusetts operators generated a handle of $288.1m – and off that, it made a total revenue of $28.8m 

Topics
Land-BasedFinancialSports BettingIndustrySlots
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Lucy Wynne
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Lucy Wynne is a journalist who served as a Staff Writer at Gambling Insider from April 2023 to November 2023, contributing news coverage and feature content focused on the global gambling and iGaming industries. During her tenure, Lucy reported on regulatory developments, operator strategies, market trends and key sector shifts, delivering clear, timely journalism for a professional B2B audience.

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