Massachusetts Gaming Revenue Grows in March

(AsiaGameHub) –   Year-over-year, gross gaming revenue saw a 2.6 per cent rise.

US.- The Massachusetts Gaming Commission has announced that Encore Boston Harbor (EBH), MGM Springfield (MGM), and Plainridge Park Casino (PPC) combined for $107.8m in gross gaming revenue (GGR) during March. This represents a 2.6 per cent increase compared to the same month last year and an improvement over February’s $92m.

The report highlights that Encore Boston Harbor led the market with $64.3m in GGR, derived from $39m in slot revenue and $25.4m from table games. MGM Springfield followed with $27m, including $21.7m from slots and $5.4m from table games, while Plainridge Park Casino brought in $16.4m from its slot machines.

Taxable sports wagering revenue (TSWR) from the seven digital and three retail licensees reached $65.4m. The sports betting handle reached $699m, with $690.7m wagered online and $8.3m at physical locations. Total taxable revenue was $65.4m, resulting in $13m in tax collections.

Since the launch of in-person sports betting on January 31, 2023, and mobile betting on March 10, 2023, the Commonwealth has gathered roughly $434.3m in total taxes and assessments from licensed sports wagering activities.

EBH, MGM, and PPC are authorized as Category 1 Sports Wagering Operators, allowing them to provide retail sportsbooks at their venues. Meanwhile, Bally Bet, BetMGM, Caesars Sportsbook, DraftKings, ESPNBet, Fanatics Betting & Gaming, and FanDuel hold Category 3 licenses, which permit the operation of mobile or online sportsbooks.

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