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Gamblers lost record $103M at Massachusetts casinos in December

 The MGM Springfield casino.
Flickr Creative Commons
/
Mass. Office of Travel and Tourism
The MGM Springfield casino.

December was a record month for the gambling industry in Massachusetts, according to the latest revenue report from regulators.

MGM Springfield is still well short of the jackpot it projected when regulators approved its license, but the casino appears to have found its footing, with revenues stabilizing at the end of last year.

For the first time, MGM pulled in more than $22 million for three straight months.

On the other side of the state, December was a huge month for Encore Boston Harbor. Fueled by table-game receipts, the Everett resort reported its highest monthly revenue since it opened in June of 2019, more than $68 million.

Combined with the slot machine revenue from Plainridge Park, gamblers lost $103 million to Massachusetts casinos in December, the most since the state's industry came online in 2015.

This record haul for the casinos also means a record paycheck for the state. Gambling tax revenues from December approached $29 million, according to the Massachusetts Gaming Commission.

Meanwhile, regulators are preparing to open up another stream of tax revenue. Sports gambling is scheduled to begin in the coming weeks, just in time for the Super Bowl.

Copyright 2023 New England Public Media. To see more, visit New England Public Media.

Sam has overseen local news coverage on New England Public Radio since 2013.

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SOMOS CONNECTICUT es una iniciativa de Connecticut Public, la emisora local de NPR y PBS del estado, que busca elevar nuestras historias latinas y expandir programación que alza y informa nuestras comunidades latinas locales. Visita CTPublic.org/latino para más reportajes y recursos. Para noticias, suscríbase a nuestro boletín informativo en ctpublic.org/newsletters.

The independent journalism and non-commercial programming you rely on every day is in danger.

If you’re reading this, you believe in trusted journalism and in learning without paywalls. You value access to educational content kids love and enriching cultural programming.

Now all of that is at risk.

Federal funding for public media is under threat and if it goes, the impact to our communities will be devastating.

Together, we can defend it. It’s time to protect what matters.

Your voice has protected public media before. Now, it’s needed again. Learn how you can protect the news and programming you depend on.

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