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After enjoying a hot streak to end the winter, Massachusetts casino revenue has cooled.
For the second straight month, Encore Boston Harbor, MGM Springfield, and Plainridge Park Casino couldn’t crack the $100 million mark. The trio combined for $97,989,042 in May revenue, up 0.5% compared to April 2024 gaming revenue in MA, but down 0.7% compared to May 2023.
Key takeaways
- MA online casinos aren’t legal but could generate more than $100 million a month in revenue.
- Casino revenue was up slightly month-on-month and down slightly year-on-year.
- Plainridge Park had its second-highest revenue total since May 2023.
Millions of revenue dollar from Massachusetts online casinos await
Though the Northeast is a hotbed for online casinos—Connecticut, New Jersey, Pennsylvania, and Rhode Island have iGaming. However, Massachusetts isn’t a part of that group.
Online casino revenue presents massive revenue opportunities for iGaming operators and state budgets. However, Massachusetts has yet to embrace those opportunities. Generally speaking, the state was slow to adopt online sports betting, debuting in March 2023.
While legal online sports wagering typically paves the way for online casinos, mobile sports betting’s slow genesis in the Bay State means it could take lawmakers considerable time to pave the regulatory road to online casinos.
If they do get the work done, revenue could be considerable based on averages from the seven states offering online casinos in April.
| State | April online casino revenue | Population (according to 2023 Census Bureau data) | Per-capita revenue |
|---|---|---|---|
| Pennsylvania | $212,212,613 | 13 million | $16.32 |
| New Jersey | $193,804,749 | 9.3 million | $20.84 |
| Michigan | $192,934,494 | 10 million | $19.29 |
| Connecticut | $42,584,721 | 3.6 million | $11.83 |
| West Virginia | $17,797,826 | 1.8 million | $9.89 |
| Delaware | $4,400,00 | 1 million | $4.40 |
| Average | $110,622,401 | 6.5 million | $17.02 |
| Massachusetts | $119,140,000 | 7 million | $17.02 |
If Massachusetts lawmakers decide to get online casino legislation going, we’ll cover what happens and post updates on our Online Casino Bill Tracker page.
Plainridge Park has second-best month in the past year
According to data from the Massachusetts Gaming Commission, May’s revenue of $97,989,042 represented a leveling off of monthly and yearly numbers—the changes were less than a single percentage point for both months.
None of the state’s three casinos saw win variations of more than $600,000:
- Encore Boston Harbor: Up $285,587
- MGM Springfield: Down $348,558
- Plainridge Park: Up $553,366
However, amid all the tepid growth, Plainridge Park eclipsed $14 million in revenue for only the second time since May 2023.
| Encore Boston Harbor | MGM Springfield | Plainridge Park | Total | Month-on-Month Change | |
|---|---|---|---|---|---|
| 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% |
| May 2023 | $62,541,793.67 | $23,346,544.27 | $12,812,924.90 | $98,701,262.84 | -2.43% |
