Encore Boston Harbor, a Wynn Resorts property, are showing more drops in gambling revenue. According to a company official, the $2.6 billion property, which only opened up six months ago, has fallen short of revenue projections.
Wynn originally predicted that their Boston casino would earn $800 from gambling within its first year. According to state data, currently Encore Boston Harbor racks in an estimated $50 of gross revenue in gambling operations monthly.
According to the state’s Gaming Commission report on Tuesday, the Everett casino generated $6 million less in revenue in the span of one month, going from $54 million in December, to $49 million in January.
A spokeswoman for the casino says that officials will address the property’s revenue numbers during the company’s next quarterly earnings call.
Revenue is Up at 2 Other Massachusetts Casinos
Two other Massachusetts casinos are on the revenue rise though, MGM Springfield in Springfield and Plainridge Park in Plainville.
MGM Springfield’s gambling revenue increased by $2 million, going from $19 million in December, to $21 million in January. Plainridge Park’s revenue’s number went up a cool $1 million, going from $10 million in December, to $11 million in January.
Wynn’s Plan to Increase Numbers
Currently, Wynn Resorts has stated that they’re in the process of “rightsizing” their operation at the Boston branch.
The casino’s senior vice president of communications, Eric Kraus, told the state’s Gaming Commission that they’re looking into implementing automated drink dispensers. Other Massachusetts casinos have already began using these “robot bartenders.” Kraus believes the move would not only get gamblers their drinks in a timely fashion, but also eliminate an undetermined amount of back-of-house jobs that cut into operating costs.
The approval has been given to start rolling out these automatic drink-dispensing machines.
In an attempt to entice less affluent gamblers to their property in the numbers, the Encore property has lowered the minimum bets required for their table games. They’ve also offered free parking and introduced more budget-friendly food options, including a taco trucks that’s available on the casino floor.
An aerial gondola is also being considered. It would be used as a system that could conveniently transport and connect subway commuters directly with the casino.
About Encore Boston Harbor
The Encore Boston Harbor is one of three Encore properties, after Encore Las Vegas, which opened on December 2008, and Encore at Wynn Macau, which opened on April 2010. From their website:
The casino at Encore Boston Harbor brings glamour on a grand scale to the Mystic riverfront. Enter the main floor—open and airy, colorful and vibrant, with 40-foot ceilings, Red Rubino glass chandeliers, and a dazzling array of classic and state-of-the-art slot machines for every player, at every level. Move upstairs to our elegant terrace level for table games, poker tables, private gambling salons, high-limit gaming rooms, and a spectacular view of the action below. At every turn, welcoming dealers and hosts are dedicated to making your visit easy and enjoyable. It all adds up to an exciting, memorable five-star experience unlike anywhere else in Boston.