Numbers Rise in October at Massachusetts Casinos as Sports Betting Nears

Numbers Rise in October at Massachusetts Casinos as Sports Betting Nears
By Jim Tomlin
Fact Checked by Michael Peters

Massachusetts casino handle and revenue rose in October in both monthly and yearly comparison as the state stays on track to expand its wagering options.

The path toward sports betting in Massachusetts continues to be a long one.

So in the meantime, casino betting at three commercial facilities remains the best gaming option in the Bay State.

Here is a closer look at Massachusetts casino numbers, as reported by the state’s Gaming Commission website.

October Casino Figures Analysis

The three commercial Massachusetts casinos combined for $791,453,973 in handle (amount bet) in October, a 4.4% increase over the $758.4 million wagered the previous month.

As it has since it opened in summer 2019, Encore Boston Harbor in Everett easily led the state in handle with $410.94 million. MGM Springfield added $205.93 million and Plainridge Park Casino in Plainville came in at $174.58 million.

The combined revenue was $97,305,369, a 3.1% bump over the $94.36 million reported for September Massachusetts casino revenue.

Encore produced $62,043,082, with $33.68 million coming from slot machines and nearly $28.4 million from table games. MGM reported $22.9 million in revenue (about $18 million from slot machines) and Plainridge Park, which only offer slots, pulled in $12.36 million.

The combined tax windfall for the state was about $27.2 million in October.

The statewide handle figure was 5.5% higher than the $750.1 million from October 2021 in a year-over-year comparison. The revenue was a 1.4% increase over the $96 million from 12 months earlier.

Sports Betting Latest in Massachusetts

This month, the Massachusetts Gaming Commission met to approve six categories of licensing for parties interested in becoming sports betting operators in the Bay State.

The state continues to go through the process of getting sports wagering to launch, with the hope retail sportsbooks can begin taking bets in January and online sports betting outlets can launch in March.

At that meeting, officials from two racing simulcast facilities — Suffolk Downs in East Boston and Raynham Park in Raynham, about 30 miles south of Boston — told the commission they were getting close to having partners for mobile Massachusetts betting apps as well as retail sportsbooks.

Each retail sports betting facility can partner with up to two mobile sports betting providers. The commission said each partner will be charged a $5 million fee. Every license holder regardless of category must pay that fee.

Stick with BetMassachusetts.com for the online Massachusetts sportsbook promo codes you’ll want to use before placing a wager once online betting launches.

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Contributors

Jim Tomlin edits and writes about sports, gambling and the intersection of those two industries. He has 30 years of experience and has worked for the Tampa Bay Times, FanRag, Saturday Down South and Saturday Tradition. Now he lends his expertise to BetMassachusetts.com, among other sites.

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