Casinos ended 2021 with big month
Wednesday 19 de January 2022 / 12:50
⏱ 2 min read
(Boston).- Gaming revenues were up across the board last month as Plainridge Park Casino, MGM Springfield and Encore Boston Harbor together generated nearly $100 million in revenue of which about $26.5 million is due to the state, the Gaming Commission reported Tuesday.
Of the $95.65 million in gaming revenue produced in December, Encore Boston Harbor was responsible for having pulled in $62.4 million or just about two-thirds of the statewide total. December now ranks as the second-best month in terms of revenue for the Everett casino that opened in June 2019, trailing only October 2021’s $62.8 million haul.
At MGM Springfield, the $22.2 million generated in gaming revenue last month represented the highest monthly total since July 2021 and made December the state’s first casino’s second-best month since March 2019. MGM’s table games, including the only legal poker tables in the state, generated $5.53 million in revenue last month, just the second time since the pandemic began that they produced more than $5 million in a month. The slots parlor at Plainridge Park pulled in about $11.05 million in December, about 7.02 percent of the $157.3 million that gamblers put into the slot machines last month. With a historic average payout percentage of 92.16 percent, the slots at Plainridge Park are the most player-friendly in the state (Encore is second with a payout percentage of 91.88 percent and MGM’s slots are the stingiest with an average payout percentage of 91.56 percent).
The $95.65 million in monthly gaming revenue for December translates into about $26.56 million in tax and fee revenue for the state. Encore and MGM are each taxed at a rate of 25 percent of gross gaming revenue. That worked out to $15.6 million from Encore and $5.55 million from MGM last month. Plainridge Park pays a 49 percent tax on its gross gaming revenue, which in December worked out to $5.41 million for the state.
Categoría:Casino
Tags: Sin tags
País: United States
Event
PERU GAMING SHOW – PGS 2026
17 de June 2026
LSports at the Peru Gaming Show: Building Presence, Opening Doors
(Lima, SoloAzar Exclusive).- The Peru Gaming Show was never just about the booth. For LSports, it was about showing up in a market where showing up still matters — and leaving with more than a contact list. Federico Brancato, Sales Manager for the LATAM Region, came to Lima with a clear sense of what operators in this part of Latin America need most right now. What he found confirmed it.
Friday 17 Jul 2026 / 12:00
Martin Ivanov: "Latin America remains one of CT Interactive's key strategic regions"
(Lima, SoloAzar Exclusive).- CT Interactive Chief Operating Officer Martin Ivanov reflects on the company's experience at the Peru Gaming Show, highlights the opportunities emerging in the Peruvian market, and outlines the company's strategic priorities for expanding across Latin America.
Thursday 16 Jul 2026 / 12:00
Regulation and the Black Market in Latin America: Challenges and Solutions
(Lima, SoloAzar Exclusive).– As part of the Peru Gaming Show (PGS) 2026 conferences, gaming industry leaders analyzed one of the main challenges currently facing regulated markets in Latin America: the growth of illegal gambling. The panel "Regulation and the Black Market: Challenges and Solutions" brought together Carlos Fonseca, CEO of Gaming Law, as moderator; Neil Montgomery, founding partner of Montgomery & Associados; Tatiana Vásquez, founding partner of Vázquez Asociados; Karen Sierra Hughes, Vice President for Latin America, the Caribbean, and Spain at GLI; and Vanessa Cabrera, Director of the Control and Sanction Directorate of the DGJCMT-MINCETUR, who debated the causes of the black market, the available regulatory tools, and strategies to strengthen channeling toward legal gaming in the region.
Wednesday 15 Jul 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
