The recently opened Encore Boston Harbor casino has reported moderate growth in revenue for the month of November. However, for the two other licensed gambling facilities in the state, November fared worse.
According to the figures released by the Massachusetts Gaming Commission (MGC) on Monday, the Encore Boston Harbor Casino grossed a total of $47.3 in revenue in November. The November figure represents a modest $1.5 million month-over-month increase in revenue when compared with what the casino generated for the previous month.
In October, Wynn Resorts Encore Boston harbor casino grossed the lowest since it opened in mid-June, earlier in the year.
The gambling facility posted a $500,000 increase in its slot gaming revenue which jumped to $22.8 million in November. However, this was at best a moderate performance, as the casino had reported slots to handle of $359.2 million in August, much better than $286.9 million in November.
The casino’s table game revenues jumped by $1 million as the gambling venue grossed approximately $24.5 million in November.
Revenues Decline At Two Other Casinos
For two other casinos in the state, November was just short of being a nightmare. The MGM Springfield casino posted total revenue of $19.9 million.
The figure represents a %1.2 million decline in what the casino grossed in the previous month. It is also the lowest-grossing month since the gambling facility started welcoming guests about over a year ago.
The Plainridge Park Casino operated by Penn National Gaming also reported a drop in revenue to the tune of 14.3 percent year-on-year. It reported total revenue of about $5.4 million. Including November, the casino has not been able to break the $6 million mark for the fourth month in a row.