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Most of the country’s casinos struggled to match their June revenue numbers. Not Massachusetts.
The latest data from the Massachusetts Gaming Commission (MGC) reveals that the state’s three casinos combined for $99.5 million in July, up 3.5% over June.
Key takeaways
- Could Massachusetts online casinos be coming in 2025? It would make it the eighth state to offer iGaming.
- Land-based casino revenue topped $99 million for the first time since March.
- Monthly revenue grew at its highest rate since March.
Massachusetts online casinos could be a reality in 2025
A discussion of casino revenue isn’t complete without mentioning online casinos. In an ideal gaming world, states would offer online casino gaming and sportsbooks.
However, just seven states have legal iGaming and Massachusetts isn’t one of them.
That may change in 2025, though. Rep. David Muradian said he plans on filing a bill in January that calls for legal online casinos. Muradian is optimistic his bill could pass. Why? The state recently legalized online lottery sales, paving the way for online casinos.
However, it may not be easy (it rarely is for online casinos). The lottery might push back, saying online casinos will cut into its revenue, which would reduce the amount of money it sends to various causes like early childhood education.
Let’s say, though, that online casino proponents allay the lottery’s fears and online casinos go live in Massachusetts in 2025. How much revenue could iGaming generate? More than $80 million in an average month, according to PlayUSA’s analysis of June iGaming revenue and state population:
| State | June online casino revenue | Population (according to 2023 Census Bureau data) | Per-capita revenue |
|---|---|---|---|
| Pennsylvania | $216.5 million | 13 million | $16.65 |
| Michigan | $198.6 million | 10 million | $19.86 |
| New Jersey | $192.1 million | 9.3 million | $20.65 |
| Connecticut | $46.3 million | 3.6 million | $12.86 |
| West Virginia | $17.9 million | 1.8 million | $9.94 |
| Delaware | $3.9 million | 1 million | $3.90 |
| Rhode Island | $2.3 million | 1.1 million | $2.09 |
| Average | $79.8 million | 6.5 million | $12.27 |
| Massachusetts | $85.6 million | 7 million | $12.27 |
Strong months from MGM Springfield and Plainridge Park
This past month, Massachusetts casinos generated more than $99 million in revenue for the first time since March and for only the fourth time in the past year.
| Encore Boston Harbor | MGM Springfield | Plainridge Park | Total | Month-on-Month Change | |
|---|---|---|---|---|---|
| July 2024 | $61,486,378.39 | $23,578,251.42 | $14,405,508.01 | $99,470,137.82 | |
| June 2024 | $60,372,754.47 | $21,924,494.33 | $13,787,078.56 | $96,084,327.36 | -1.94% |
| May 2024 | $61,175,511.90 | $22,422,693.90 | $14,390,836.53 | $97,989,042.33 | 0.50% |
| April 2024 | $60,889,925.23 | $22,771,251.59 | $13,837,470.78 | $97,498,647.60 | -12.22% |
| March 2024 | $70,417,586.39 | $25,248,645.40 | $15,408,139.97 | $111,074,371.76 | 10.44% |
| February 2024 | $64,405,266.61 | $22,977,235.45 | $13,186,169.52 | $100,568,671.58 | 7.51% |
| January 2024 | $60,949,231.05 | $20,707,304.91 | $11,884,081.94 | $93,540,617.90 | -9.22% |
| December 2023 | $65,826,442.79 | $23,610,279.58 | $13,598,675.31 | $103,035,397.68 | 9.58% |
| November 2023 | $61,431,284.04 | $20,998,830.74 | $11,600,410.06 | $94,030,524.84 | -2.73% |
| October 2023 | $62,366,934.78 | $21,534,948.52 | $12,768,619.84 | $96,670,503.14 | 6.95% |
| September 2023 | $59,820,850.47 | $17,443,073.79 | $13,125,723.80 | $90,389,648.06 | -7.70% |
| August 2023 | $61,320,321.54 | $23,525,299.32 | $13,079,840.00 | $97,925,460.86 | -0.73% |
| July 2023 | $61,276,166.88 | $23,514,534.87 | $13,851,914.27 | $98,642,616.02 | -1.94% |
| June 2023 | $65,495,804.62 | $22,211,802.81 | $12,890,231.78 | $100,597,839.21 | 1.92% |
MGM Springfield and Plainridege Park played a key role in July’s strong numbers. MGM posted its third-highest revenue total in the past 12 months, good for a 7.5% increase.
Plainridge Park‘s $14.4 million in July revenue was its second-highest total over the past year. The racino (horse track with casino gaming) posted $14.4 million in revenue, up 4.5% over June.
Encore Boston Harbor‘s $61.5 million in revenue wasn’t among its top totals over the past year, but it did represent a 1.8% increase over what it recorded for MA’s June 2024 gaming revenue.
According to the MGC’s July 2024 revenue report, revenue was up 0.8% year on year. Additionally, July’s positive monthly revenue growth was around five and a half percentage points higher than in July 2023 when casino win was down 1.9% monthly.
