The Sale of MGM Springfield Has Been Confirmed

MGM Springfield MA

Massachusetts is home to three popular casino-resorts. That includes MGM Springfield, which for years was the most popular gambling venue in the state. This week, the sale of MGM Springfield was finally confirmed to the public.

MGM Resorts International has officially decided to part ways with this venue. Some felt it was a long time coming when considering its struggle to compete with other casinos in the state. Today, we’ll talk about the details of this major casino sale.

Let’s get into it!

Massachusetts’ Casino Revenue is Still Fluctuating

The US casino industry remains in a precarious position. Throughout 2021, casino revenue has been steadily rising around the country. Many states have recently begun to see their casino revenue figures begin to fluctuate, though.

Massachusetts fits into that category. There are currently three major casino-resorts operating in this state. These properties were seeing major revenue surges early in the year, yet they have recently begun seeing some slight fluctuations in these numbers.

This past June, MA’s casinos managed to bring in $84 million in gross gaming revenue. That represents a slight drop from the $86.68 million earned in May and the $84.63 million brought in during the month of April. It’s not a major drop, however, and doesn’t reflect any major downward trend for the casinos operating here.

Many have expressed disappointment to see that poker is still not available inside the state’s casinos. Last month, regulators confirmed that poker games will not be coming to these properties for a few months. This is due to the continuing struggle to deal with Covid-19.

There have also been rumblings about a new wave of restrictions coming to the casinos in Massachusetts. As infections increase, calls to implement tougher health regulations intensify. Of course, ordering more intense restrictions inside the state’s casinos will likely lead to a major drop in revenue.

It seems that one company has decided to bow out of its operations in this state. Here’s what we know about MGM Springfield’s recent sale.

More Details on the Sale of MGM Springfield are Coming Out

For many years, Massachusetts prohibited commercial casinos from operating within the state. Things changed about a decade ago, and several companies immediately expressed an interest in operating here. That includes MGM Resorts, one of the biggest gaming companies in the world.

MGM Resorts opened its casino in Massachusetts in 2018. This property, called MGM Springfield, quickly became a major hit with gambling fans in the area. It continued to set new revenue records for months after opening to the public.

In recent years, this venue has struggled. This is largely due to the opening of the Encore Boston Harbor in 2019. This property quickly captured a large share of the market and took away from the revenue being earned at MGM Springfield.

MGM Resorts has been voicing its concern with this situation in recent months. It now appears this company wants to take a different approach with this venue. New reports surfaced today that confirmed the sale of MGM Springfield to Vivi Properties for $17.2 billion. Bill Hornbuckle, CEO and resident of MGM Resorts, spoke about this sale to the media this week.

“This transaction unlocks the significant real estate value of our assets, enhances our financial flexibility and strengthens our ability to execute key growth initiatives. We look forward to our long-term partnership with Vici,” Hornbuckle said. 

This sale is expected to close in 2022. Interestingly, MGM Resorts will continue to operate this property under a long-term lease. It’s an effective way for the company to gain money while maintaining a presence in Massachusetts. We’ll be sure to offer more updates on the revenue situation here over the next few months!

Sports Betting May Soon Become Legal in Massachusetts

Many states around the country have been working to pass sports gambling legislation in 2021. Some of these states are making more progress than others. Based on the current progress, it seems likely that Massachusetts will approve this form of gambling before the end of the year.

A couple of weeks ago, the House formally approved a sports betting bill by a 156-3 margin. This bill is now making its way to the Senate. Members of the Senate are on break and are set to review the contents of this bill upon their return.

There are a few problems that could arise with this bill. Most notably is the discussion of whether or not to allow betting on college sports. Some believe the Senate could demand that this is not allowed before approving any legislation.

There is reason to believe that sportsbooks will launch here in early 2022. The current legislation making its way through the state allows for both online and land-based sportsbooks to operate in the state. This could allow for MA to quickly develop one of the largest sports betting markets in the country.

It’s an exciting time for sports fans here. If all goes according to plan, the first wagering options will launch here by the end of the 2021/2022 NFL season. Stay tuned for more news on the sports betting bill here as the year goes on.

Are you surprised to hear about the sale of MGM Springfield? When do you expect sports betting to become available in Massachusetts? Let us know in the comments section below.

Massachusetts Casinos Blame Poker’s Absence on Dealer Shortage

Encore Boston Harbor Casino
There is a shortage of poker dealers in the Massachusetts casinos.

This was revealed by a casino executive during a Thursday hearing by the Massachusetts Gaming Commission. The issue was raised after the commission had received complaints from customers demanding the reintroduction of poker games at Massachusetts’ casinos.

Encore Boston and MGM Springfield, the two casinos in the state, resumed mostly normal operations last May after a difficult 2020 because of the COVID-19 pandemic. But since their full reopening, the two casinos have not brought back poker games and the commission started to notice after receiving customer complaints.

Although the two casinos said that they will make a decision on poker before the end of the year, they also insisted that they have not abandoned poker games and are currently adjusting their services based on the client demand and the capacity of their manpowe.

Said Encore Boston Harbor vice-president and general counsel Jaqui Krum to the commission:

“To be clear, we did not say never to poker. We have said just not at this time. We’re constantly readjusting our offerings based on guest demand. Throughout this difficult time, we have really tried to be agile and responsive. However, we do have limited space, and the former poker area is currently occupied by some of our highest-performing slot machines.”

“Simply Cannot Find Enough Dealers”

Krum said that reopening poker tables would cause the closure of other table games. She said that the casino just doesn’t have the staff to operate both right now. According to Krum, Encore “simply cannot find enough dealers” or other workers and has been running dealer schools almost non-stop.

The Encore executive also told commissioners that the casino has a standing offer to all of its poker dealers that the casino will pay for dealer school if they need to be trained to deal a different game in the casino. She also emphasized that Encore is not trying to cut jobs but rather to fit its offerings around the staff that it has available.

Increasing Customer Complaints

Investigations and Enforcement Bureau assistant director Bruce Band told the Commission during Thursday’s hearing that his office has received an increasing number of customer complaints. According to Band, the complaints about the lack of Poker games at Encore have grown from 4 to 5 per month to 40-50 per month in its most recent tally.

Despite that, the Commission decided that it would not take action related to poker just yet with commissioners saying that they want to give the casino operator deference to run the facility in a way that will maximize tax revenue to the state while preserving jobs that come with poker games. The commission however, asked for regular updated of the situation from Encore.

MA’s Casino Revenue in June Drops Slightly From May

MA Casino Revenue

Massachusetts is home to just three casino-resorts. Interestingly, these properties help to bring the state a massive amount of revenue every single month. Reports surfaced this week showing that MA’s casino revenue in June dropped ever so slightly when compared to the month prior.

That isn’t a major disappointment. Much of the state’s land-based casino industry has yet to fully recover. Today, we’ll take a close look at exactly how much money the different casinos in this state managed to bring in last month.

Let’s get into it!

Most US Casino Hubs Continue to See Tourism Surges

The US casino industry continues to perform considerably better in 2021 than it did last year. That isn’t a surprise when considering how long casinos across the US were shut down for last year. Most have since reopened and many people around the country have been consistently flocking to different casinos throughout the year.

The country’s biggest gambling hubs were struggling immensely throughout 2020. This year, however, most of these casino destinations have been reporting huge surges in tourism. That includes places like Las Vegas.

This doesn’t appear to be slowing down anytime soon, either. Las Vegas is likely to see its tourism figures increase as the year goes on. Part of that could be due to the opening of Resorts World Las Vegas last month. At $4.3 billion, this is the most expensive casino-resort ever built in the city.

Atlantic City took a little longer to see its tourism and revenue figures increase this year. Fortunately, most restrictions on casinos have been lifted here. Many of the biggest resorts here are now undergoing major renovations in an effort to bring in more tourists.

As tourism increases, revenue goes up, too. Even many of the smaller casino hubs in the country like Colorado have been seeing increases in gaming revenue. It’s an exciting trend and one that should go on throughout the rest of 2021.

Massachusetts has developed a small, yet successful gaming industry over the years. We’re now beginning to hear about how much money the casinos here brought in last month.

Here’s a Look at MA’s Casino Revenue in June

The Northeastern US is quickly turning into one of the biggest gambling destinations in the United States. Places like New Jersey and Pennsylvania are now well-known for their huge number of popular casinos. Massachusetts is also now developing a successful casino industry.

Three casino-resorts are currently based here. That includes the Encore Boston Harbor, MGM Springfield, and Plainridge Park. Some of the country’s most powerful gaming companies own and operate these popular gambling venues.

This week, reports on MA’s casino revenue for June finally came out to the public. Some are surprised to hear that casino revenue here actually dropped slightly when compared to the month of May. It wasn’t by much, however, and likely didn’t worry the casino owners in the state.

Overall, casino revenue in Massachusetts came out to $84 million during June. That represents a very slight drop from the $$86.6 million earned during May. Poker remains closed in all casinos here, meaning this revenue was earned solely from slots and table games.

When poker returns, revenue figures will likely surge once again. There is certainly reason to be optimistic about the future of Massachusetts’ gaming industry. Many are now looking ahead at how the state’s gambling options may expand in the future.

Several prominent lawmakers here are pushing to get sports betting legal in Massachusetts. Here’s a quick update on this situation here.

When Will Sports Betting Become Legal in Massachusetts?

The US casino industry continues to improve at a rapid pace. The growth of this industry pales in comparison to the US sports betting industry, though. In just a few years, it has grown to become one of the most popular forms of gambling around the country.

More than half the country now has a regulated sports gambling industry up and running. The regulation of sports betting is helping to bring many states a huge amount of revenue. Obviously, a growing number of individuals now believe it is time for Massachusetts to launch its own sports gambling industry.

Not long ago, one major state government body met to discuss the pros and cons of sports betting legalization. There are now several bills being presented to launch this form of gambling. Little progress has been made to this point, however, and it’s unclear when any of these bills will receive State and House approval.

There is reason to believe that 2022 is the year sports betting becomes available in this state, though. There are a huge number of hardcore sports fans here. That is partly due to several popular professional teams being based here including the New England Patriots and Boston Red Sox.

The US gambling industry continues to expand at a rapid pace. There are many reasons to be excited about the future of Massachusetts’ gaming options. Stay tuned for updates on the legalization of sports betting here over the next few months.

Are you surprised to see where MA’s casino revenue in June stands? When do you expect sports betting to launch here? Let us know in the comments section below.

MA’s Gaming Revenue Reports for April are Finally Out!

Encore Boston Harbor

Massachusetts is seeing a major bounceback for its land-based casino industry. The gambling venues in this state have been slowly getting back to the way they were prior to March of 2020. Today, we’ll take a close look at MA’s gaming revenue reports for April.

It’s clear that the land-based casinos in the state are seeing improvements. Some are now questioning how the industry will fare over the course of the year.

Here’s what you need to know!

Casino Hubs Begin Lifting Major Restrictions

For more than a year, the US land-based casino industry has been playing catch-up. Casinos across the country were forced to shut their doors back in March of 2020. It took months for any major commercial casinos to begin operating again.

Each state has the ability to order its own regulations. When the casinos first reopened, the regulations set in place were extremely strict. Many have been slowly lifted as the country’s health crisis begins to improve.

Recently, the CDC announced a new set of health guidelines. The government agency claims that vaccinated individuals no longer need to wear masks while indoors. Casino companies are already taking advantage of this new guideline.

Most of the major casinos in Las Vegas have announced they will no longer require masks to be worn by vaccinated individuals. It represents a major change for the city. Some believe this will help to boost tourism rates here as the months go on.

Over in Atlantic City, the mask mandate will remain in place, for now. If infection rates continue to drop, the mask rule will be removed. Many of the casinos in this city are now undergoing huge renovations and anticipate a surge of tourism over the summer months.

As these restrictions are lifted, more people around the country are making the trip to these casino hubs. Here’s a look at how the casino industry in Massachusetts is faring right now.

Here’s a Look at the MA’s Gaming Revenue Reports for April!

The state of Massachusetts didn’t legalize commercial casinos until 2011. Now, ten years later, this state is home to a large and successful gaming industry. Three popular commercial casinos are operating here now in various parts of the state.

This week, the state gaming commission finally released MA’s gaming revenue reports for April. Overall, the numbers here are impressive. Two of the three casinos in the state saw a revenue increase last month.

MGM Springfield, which was recently acquired by MGM Resorts’ real estate trust, managed to bring in $21,933,551 in total revenue in April. That represents a slight drop from March, yet nothing that will scare MGM Resorts officials.

The Encore Boston Harbor is without a doubt the most popular gambling venue in the state. This property managed to bring in $50,182,346 in April. That is an increase from the $49,666,739 earned in March.

Lastly, Plainridge Park Casino reported $1,126,463 million earned in April. That is a slight jump from the $1,100,408 brought in last March. Plainridge Park is far behind the other gambling venues in the state but is clearly seeing some improvements throughout 2021.

The next four months are expected to be hugely successful for Massachusetts’ casino industry. Stay tuned for updates here!

Online Gambling Revenue is Surging in New Jersey

Massachusetts is now home to a large land-based gambling industry. It wouldn’t be a shock to see more casinos open here over the next decade. There is no doubt that New Jersey still has the largest gambling industry on the country’s east coast, though.

A huge number of popular casino-resorts are operating in New Jersey. There are also many popular online gambling platforms available in the state. The latter options seem to be surging in popularity lately.

Reports have just come out that show New Jersey’s online gambling industry managed to bring in $352.2 million during the month of April. That is an incredible 326.4% increase when compared to the same month in 2020. This goes to show how many individuals are now taking part in the regulated online gambling options here.

Sports betting proved to be hugely popular last month. The state’s online sportsbooks reported $51.8 million in revenue. That is an astounding 1,892% revenue increase compared to March of 2020.

As time goes on, New Jersey’s land-based casinos will begin seeing major revenue increases. Regulations are being lifted here each month. By the summer, the city could look similar to the way it did in 2019 for visitors.

Are you surprised to see where MA’s gambling revenue reports for April stand? Let us know in the comments section below!

What’s Happening With MGM Springfield Right Now?

MGM Springfield MA

Massachusetts is home to a relatively small casino industry compared to many areas of the country. With that being said, this state is home to some world-class casino-resorts. Today, we’ll talk about what is happening over at MGM Springfield.

This gaming venue has been struggling over the past few years. There are some signs that things are beginning to bounce back, though.

Here’s what you need to know about this property!

US Gambling Revenue Surged in 2021’s First Quarter

The US gambling industry was devastated by the events that unfolded in 2021. Early in the year, all land-based casinos across the country were forced to shut down. It took months for any casinos to begin operating again.

2021 is proving to be a much different story. Major casino companies are now reporting consistent revenue surges every month. Not long ago, reports surfaced that showed just how much US gambling revenue has been increasing.

Incredibly, gambling revenue through 2021’s first quarter increased by 17.7% when compared to the same quarter in 2020. It’s also risen by 4.1% compared to 2019’s first quarter. It goes to show how far things have come over the past few months.

Overall, gambling revenue throughout the country surpassed $11 billion. That makes it the highest-earning quarter in the history of the US gambling industry. Much of this is due to the massive surge of revenue earned during the month of March.

Both casino gambling and sports betting revenue have been steadily increasing lately. Major casino hubs such as Las Vegas and Atlantic City are starting to see massive surges in their tourism figures. Many expect this trend to ramp up over the summer months.

The casinos in Massachusetts are beginning to experience a comeback. Here’s a look at what is happening with one of the most popular casino-resorts here.

Here’s an Update on the MGM Springfield

For many years, Massachusetts banned most forms of traditional gambling. Even casinos were prohibited from operating in this state. Things changed about a decade ago and there are now several popular gaming venues operating around the state.

The MGM Springfield first opened its doors to the public in 2018. As the name suggests, this property is owned and operated by MGM Resorts. It quickly became the most popular casino-resort in the city and drew in many gamblers from neighboring states.

Eventually, the Encore Boston Harbor opened its doors here. This ended up capturing much of the state’s casino market. As the years went on, MGM Springfield’s revenue figures began to decrease.

News broke this week that MGM Resorts has sold MGM Springfield to the company’s real estate trust. This will not have any impact on the casino-resort’s day-to-day operations. MGM Resorts will now lease the property and continue running it as before.

MGM Resorts CEO Bill Hornbuckle spoke to the media this week and claimed this transaction “serves the best interests of the shareholders of both companies and further advances our asset-light commitment… [MGM Springfield] has exhibited strong financial performance as it emerges from the pandemic.” 

It’s interesting news. MGM Resorts is clearly happy with the progress that this MA-based casino is making right now. It has received a large sum of money for the recent transaction and can still retain control of its operations. We’ll be sure to offer more updates on this situation over the next few months!

New Jersey Casinos Brace for Summer Tourism Boom

Massachusetts is far from the only casino hub on the East Coast. As many are aware, New Jersey is still home to the biggest casino market in this area of the country. Lately, the casinos here have been seeing a major surge of tourism and revenue.

Gambling revenue has been steadily rising here throughout 2021. Some of the gambling venues here are experiencing bigger monetary increases than others. Most analysts expect a huge surge of tourism here by the time summer rolls around.

As a result, some of the casino companies here have recently announced upcoming renovations. The Ocean Casino-Resort is set for a $15 million renovation over the next few months. Caesars Entertainment has also announced it will invest $400 million into its Atlantic City properties over the next few years.

More entertainment options are becoming available in this city. It seems likely that major shows will be able to take place at 100% crowd capacity by the time July rolls around. This should help to boost tourism rates in the city as the months go on, too.

In the meantime, the state’s online gambling options have been growing steadily. Internet sports betting is more popular here than ever before. Hope is now that the land-based casinos here will see pre-pandemic revenue figures over the next few months.

Are you surprised to hear what is happening with MGM Springfield? Let us know in the comments section below!

MA’s Casino Rules Are Getting Stricter Once Again

Governor Charlie Baker

Massachusetts is home to some fantastic commercial casinos. As most already know, these casinos have seen large drops in revenue and visitation rates this year. Unfortunately, MA’s casino rules are becoming stricter once again and a complete shutdown could be on the horizon.

All US casinos have been suffering throughout 2020. This industry could be facing its toughest test to date over the next few months. Today, we’ll be talking about what new rules are being implemented in Massachusetts.

Let’s check it out.

Casino Revenue Continues to Plummet in November

For decades, lawmakers in the state of Massachusetts were against the legalization of casino gambling. Gambling proponents were working hard to allow commercial casinos, yet these efforts continued to fail. Finally, in 2011, a law was passed to allow casinos in the state.

It didn’t take long for major casino companies to express interest in operating here. MGM Resorts International and Wynn Resorts both secured licenses to open casinos in MA. Now, MGM Springfield and Encore Boston Harbor are two of the biggest casinos in this state.

2020 has been an extremely difficult year for these casinos. They’ve both seen massive revenue drops almost every single month. November proved to be a particularly rough month for the state’s casino industry. .

Recently, reports surfaced that claimed the casinos here earned just $45 million in November. That was a huge drop from the $69 million seen in October. It proved to be the worst-ever month for MGM Springfield in terms of revenue.

Many believe that December will end up being an even worse month. Massachusetts has been implementing more intense restrictions lately. Very few residents here are choosing to visit and gamble inside a crowded casino.

Many analysts expected to see more intense regulations be placed towards casinos. We’re now beginning to hear about these new rules being set in place.

Here’s an Update on MA’s Casino Rules

It’s been tough to see the casino industry in Massachusetts take so many hits this year. Prior to 2020, this state had one of the fastest-growing gaming industries in the country. Now, some fear the casinos here could be forced to permanently shut down.

Lawmakers now feel that more rules need to be set in place. Officials here announced a new set of regulations towards businesses this week. As you might expect, MA’s casino rules are getting more intense and will likely result in even larger drops in revenue.

Moving forward, casinos in this state must be limited to just 25% capacity. This will be set in place for at least two weeks. Governor Charlie Baker claims this is necessary to protect the state’s hospital system.

“Our hospitals are now under significant pressure and we’re heading toward another period over this holiday stretch where we’re likely to see another significant increase in cases and hospitalizations unless everybody plays a very different game than the one we all played at Thanksgiving,” Baker said. “We think it’s appropriate to take action now to slow that spread and we must do so in a way that can avoid overrunning our hospital system.” 

This seems to be the last step before completely shutting down casinos. Obviously, it will be extremely difficult for the gambling venues here to generate revenue at just 25% capacity. In the end, however, the owners seem happy to be able to keep operations running at all.

Governor Baker claims that more intense regulations could still be on the way. If another spike in Covid-19 cases is seen after the holidays, it seems highly likely that we’ll see casinos close their doors again. Stay tuned for updates!

Pennsylvania’s Casino Industry Remains Shut Down

Massachusetts isn’t the only state seeing its casino industry take a hit recently. On December 12, lawmakers in Pennsylvania ordered all commercial casinos to officially close their doors. This was done in an attempt to lessen the number of hospitalizations in the state.

It’s been nearly two weeks and all of the casinos in PA remain closed to the public. It’s an extremely difficult situation for the huge number of gambling venues here. Many of these casinos were seeing low revenue figures prior to the shutdowns.

The current plan is for casinos to begin reopening on January 4. If Covid-19 cases continue to increase, this date will be pushed back.

Fortunately, Pennsylvania is benefiting from its online gambling industry. Both online casino gambling and sports betting are regulated in this state. Many of the casino companies based here are seeing much-needed money come in from these online gambling platforms.

MA’s casino rules could begin looking like Pennsylvania’s soon. There’s even a chance that the country’s biggest casino hubs such as Las Vegas could order another round of shutdowns sometime in the future. The next few weeks will tell a lot about how things will look next year.

Do you think Massachusetts’ casinos should be ordered to shut down? When do you expect the US casino industry to recover? Let us know in the comments section below!

MA’s Casino Revenue Drops Considerably in November

MGM Springfield

Massachusetts is home to a growing casino industry. Unfortunately, the events that have unfolded throughout 2020 have slowed much of the progress that the casino industry has made here. New reports claim that MA’s casino revenue dropped by a large percentage once again during the month of November.

Some of the country’s largest casino companies are now operating in Massachusetts. They are certainly feeling the effects of the state’s revenue drops. Today, we’re going to discuss exactly how much money the casino industry here lost last month.

Let’s get into it!

More States Order Commercial Casinos to Shut Down

Massachusetts is far from the only state to see its casino industry hurt this year. Over the past nine months, just about every single state around the country has seen massive drops in gambling revenue. Unfortunately, things seem to be getting worse before they get better.

Nevada, which relies heavily on its casino industry, saw its casinos shut their doors to the public back in March. Governor Sisolak began allowing casinos to reopen their doors in June. Since that time, these casinos have struggled to bring in players.

Sisolak hasn’t gone as far as to order another mass casino shutdown. He understands this would be devastating to the state and particularly the city of Las Vegas. The lack of tourists has led several casino-resorts to close down during certain days of the week on their own.

Illinois’s lawmakers recently ordered their commercial casinos to close their doors. It’s a shame, as this state is currently working hard to expand its gambling industry. Officials in Pennsylvania also recently ordered all of the state’s commercial gaming venues to shut down, as well.

This could become more common over the next few weeks. Cases of Covid-19 have been rising steadily around the US. It seems likely that casinos, known for packing large numbers of people into a small area, will be ordered to temporarily stop accepting players.

It’s an extremely difficult time for this industry. New reports have just come out that shed light on how much money the gaming venues in Massachusetts lost in November.

Here’s Where MA’s Casino Revenue Stands for the Month of November

As we mentioned earlier, the state of Massachusetts is beginning to develop a large and successful casino industry. It’s been interesting to see how fast this market has grown here. Unfortunately, the casinos in MA have seen things completely turn around in 2020.

Gaming revenue has dropped here every single month this year. November has proven to be one of the worst yet for the casinos in this state. The Massachusetts gambling commission has finally released reports on MA’s casino revenue that shows how bad things ended up last month.

According to these reports, the three casinos in this state earned just $45 million during November. That is down considerably from the $69 million brought in last October. Some of these casinos managed to fare better than others.

MGM Springfield reported its worst-ever month since opening. This MGM Resorts-run gambling venue saw just $10.5 million in revenue. That’s even lower than the $10.7 million earned in July when this venue wasn’t even open for an entire month.

The Encore Boston Harbor fared slightly better, with $11.8 million in revenue. Plainridge saw a drop to $7.6 million in GGR. It’s now clear that November will go down as one of the worst months in history for Massachusetts’ casino industry.

To make things worse, some analysts predict that MA’s casino revenue could drop further in December. We’ll be sure to offer updates on next month’s reports as soon as they come out.

Is 2021 the Year Massachusetts Legalizes Sports Betting?

The US Supreme Court made the historic decision to strike down PASPA back in May of 2018. This was one of the biggest moves ever for the country’s gambling industry. It immediately gave every single state the ability to legalize sports gambling.

Since that time, 26 states have chosen to embrace this industry. Some only allow sports wagers to be placed in-person at a licensed sportsbook. Others now regulate both online and land-based sports betting.

The latter states are profiting considerably more. Online sports betting has surged throughout 2020. Several states, including New Jersey, have seen record sports betting handle figures throughout the year.

Unfortunately, Massachusetts failed to approve any sports betting bills this year. It was a major disappointment for proponents of this industry, many of whom felt it would help to bring the state major revenue earnings each month. The massive number of sports fans here also expressed disappointment at the state’s inability to legalize this form of gambling.

Hope is that 2021 is the year Massachusetts’ sports betting industry finally goes live. This could help to make up for the money that casinos have lost throughout 2020. Stay tuned for updates on this situation over the next couple of months.

Are you surprised to see MA’s casino revenue drop once again in November? Where do you expect things to stand in October? Let us know in the comments section below!

Here’s a Look at MA’s Gaming Revenue for September

MGM Springfield

The state of Massachusetts is now home to several world-class gambling venues. They’ve been open for months now and seem to be experiencing an increase in visitors. Today, we’re going to take a close look at MA’s gaming revenue for the month of September.

Later on, we’ll take a look at how some of the other nearby states are faring right now. Not every state has a casino industry that’s thriving right now.

Let’s look at what’s going on!

East Coast States Are Working to Boost Casino Revenue

There was a time when all the states around the country forced their casinos to shut down. This took an immediate toll on many cities. Places like Las Vegas and Atlantic City immediately started losing money and officials began working on ways to get the casinos operational again.

We’re now in October, and most casinos around the country have now reopened. Regulations inside casinos vary from state to state. Some of these states are managing to bring in more players than others right now.

New Jersey seems to be doing alright. This state has one of the largest sports betting industries in the world. Not long ago, New Jersey set another all-time record for sports betting handle. Sportsbooks here saw $748 million in bets this September.

Things are different in New York. This state took a very long time to reopen its commercial casinos. These are the only venues offering sports betting odds. As a result, both casino and sports betting revenue has been extremely low here.

It’s an interesting time for the region’s gambling industry. The states with regulated online gaming platforms seem to be performing the best right now. Many have been asking about how Massachusetts’ gaming industry is going.

Here’s where things stand.

MA’s Gaming Revenue Holds Steady in September

Massachusetts wasn’t always a major gambling state. For a time, lawmakers here pushed against allowing almost any forms of gambling. Things have changed in recent years, and a number of great casinos are now operating in this state.

According to new reports, the three casinos here managed to bring in $42,974,804 during the month of September. That’s a slight rise from the $42,390,349 earned in August. Total gambling handle here was $604,814,996, also representing a slight increase from August.

It’s no surprise that the Encore Boston Harbor saw the biggest handle at $303,685,463. The MGM Springfield saw a handle of $170,996,115. Plainridge Park actually saw a handle dip at $133,966,402.

Casino executives aren’t likely to pop any champagne from these revenue figures. For now, things are simply holding steady. When compared to September of 2019, however, MA’s gaming revenue fell by 12.3%.

It’s unclear how things will progress here. Some believe that as time goes on, more people will feel comfortable gambling inside casinos. Others are fearful that the winter months could result in a spike of Covid-19 cases, dropping casino revenue even more.

We’ll need to wait and see how things progress over the next few months. Make sure to stay tuned for updates!

Why Hasn’t Massachusetts Legalized Sports Betting?

As we just mentioned, the states with regulated online gambling industries are seeing the most revenue right now. That’s particularly true with New Jersey. Online sports betting was legalized here in 2018 and now helps to bring the state millions in additional revenue every year.

Many residents are now asking why Massachusetts hasn’t green-lit any sports betting bills. It’s a complicated issue that lawmakers here seem torn on. For a time, however, it seemed likely that sports gambling would finally come to the state.

A bill was making its way through the legislative process throughout the year. It was approved by the House and eventually went to the State Senate. To the dismay of sports fans here, the Senate refused to approve the bill earlier this month.

It now seems likely that sports betting will be coming to Massachusetts sometime in 2021. Most recognize how much money this industry will help to bring in. New Jersey has proven how lucrative a regulated sports betting industry can be.

Sports betting would likely help to boost visitation rates inside casinos, as well. That’s particularly important at a time like this.

Are you surprised to see that MA’s gaming revenue is holding steady? Do you expect revenue figures to increase over the next few months? Let us know in the comments section below!

Massachusetts Casino News – Roulette is Now Available

Encore Boston Harbor Casino

Massachusetts is currently home to several commercial casino-resorts. For most of 2020, however, these gambling venues have been forced to limit their number of available games to players. This week, an important piece of Massachusetts casino news finally came out. Roulette is coming back to the state’s casinos!

Many felt this was a long time coming. The gambling properties here are still struggling to bring in players and many felt it was due to the lack of games available. Today, we’ll take a look at what this new rule means for the state’s gambling industry moving forward.

Let’s get into it!

MA’s Casino Revenue Drops Considerably in August

Over the past few years, Massachusetts has developed a small, yet successful commercial casino industry. Two of the country’s largest casino companies, MGM Resorts International and Wynn Resorts, now own major casino-resorts here. These two companies have been in fierce competition to capture the state’s market.

Several new gambling venues are expected to open here over the next couple of years. Many analysts have been predicting that Massachusetts’s casino industry could eventually rival Atlantic City’s. Unfortunately, things shut down in March.

That month, casinos around the United States were forced to shut down. It wasn’t until July that state leaders in Massachusetts allowed these casinos to reopen. August marked the first full month that the state’s gaming properties were open to the public.

Recent reports show that during the month of August, the casinos in Massachusetts saw a year-on-year revenue decline of 17.4%. MGM Springfield managed to bring in $18.46 in August. Encore Boston Harbor reported $42.39 in gross gaming revenue. Plainridge Park, a slots-only casino, managed to earn just $10.17 million.

This is a significantly lower drop than many other states have been recording. It’s still a tough blow for the casino operators here, though. Many of them have been calling on lawmakers to allow more games inside their casinos.

After careful consideration, it seems that officials are agreeing to this new rule.

Another Piece of Massachusetts Casino News Has Just Come Out!

There are many factors that led to the drop in gaming revenue during August. Obviously fewer people are willing to visit a crowded casino right now. Many believe that allowing more games would help to attract new players.

This week, the Massachusetts Gaming Commission agreed to allow both the Encore Boston Harbor and MGM Springfield to begin allowing roulette again. Commission members have been pleased to see the safety measures these casinos are implementing. Roulette will now be allowed, yet occupancy levels allowed inside the casino will not change.

Loretta Lillios, interim director of the commission’s Investigations and Enforcement Bureau, spoke about this decision to the media this week.

“We have worked with them to identify health and safety measures that could be implemented with roulette and in doing so we tried to hew closely to the measures that the commission already approved for the blackjack-style games,” she said. “One of our obligations with a request like this is that we consult with the Department of Public Health … and the department raised no objections to the reintroduction of the game and it communicated that it is comfortable doing so in conjunction with the minimum safety measures outlined here.”

This is the Massachusetts casino news that gambling fans were hoping to hear. Roulette is one of the most popular casino games in the world. The reintroduction of this game will almost certainly help the state’s casinos to bring in more players and increase their revenue.

It will be interesting to see how this affects the revenue figures for the month of October. Many are now asking more about the state’s plans to legalize and regulate sports betting.

Sports Betting in MA is Unlikely to Come Until 2021

Since May of 2018, every state in the US has been able to legalize and regulate sports gambling. 24 states have now approved to launch their sports gambling industries. That does not include Massachusetts.

This state is well-known for having one of the most hardcore sports fan bases in the United States. Most feel the state would profit massively from a regulated sports betting industry. Several issues have come up getting a sports betting bill passed, though.

One bill seemed close to getting passed this year. The House gave its clear approval. The State Senate, however, decided to remove the bill at the last minute. It now seems impossible that sports betting will be made legal here in 2020.

Most feel that 2021 is the year this gets done. It’s clear that the majority of lawmakers now recognize the upside in this industry. Nearby states including New Jersey and Pennsylvania are earning a huge amount of revenue from their sports betting markets.

There’s a lot going on with the gambling industry here. We’re likely to receive more Massachusetts casino news over the next couple of months. Make sure to stay tuned for updates!

Are you excited to hear that roulette is allowed inside MA’s casinos again? Do you plan to visit any of the gambling venues here? Let us know in the comments section below!

Massachusetts Gaming Commission To Reconsider Roulette and Craps

MGM SpringfieldRoulette and Craps games may be coming back soon in the Bay State.

This development emerged after the  Massachusetts Gaming Commission announced that it will consider a request by by casinos to allow the restart of roulette and craps games which have not been permitted since the casinos were allowed to reopen early last month.

Reconsidering The Request

State regulators have been working with Encore and MGM on how the games can be played while maintaining social distancing between players and casino staff. The Commission is expected to  tackle the matter during a meeting scheduled for Thursday, August 13, 2020 at 10:00 a.m. via teleconference. 

In a statement last Tuesday, MGM said:

“We appreciate the Gaming Commission’s consideration of our request as we progress through a phased reopening with the health and safety of our employees and guests at the forefront of any decisions.”

MGM Springfield and Encore Boston Harbor have asked the Massachusetts Gaming Commission to allow roulette and craps games at their establishments. The two are the only casinos in the state that offer table games. Despite the absence of roulette, craps, and poker, the casinos in Massachusetts have been able to handle the reopening well.

Massachusetts casinos were ordered closed by the state since mid-March due to the coronavirus pandemic. They have since been allowed to re-open but subject to the strict guidelines set by the Gaming Commission. The guidelines have not permitted casinos to offer roulette, craps, and poker games.

Re-Opening Guidelines

The re-opening guidelines have resulted in the gambling establishments reopening with an estimated one-third of their pre-COVID 19 capacities. The Commission’s guidelines include plexiglass dividers, spacing requirements, wearing of masks when not outdoors, eating, or drinking, and other health safety precautions.

The guidelines also called on the casinos to disable some of their slot machines and remove chairs in order to keep their guests separated. The distance required was four feet apart if there is a plexiglass and six feet apart if none. The table games that were allowed were restricted to three players per table.

Food service has also been limited to designated areas and they are allowed to operate according to the state rules for restaurants. Casinos were also told to consider non-contact temperature checks and prohibiting entry to any guest who registered 100.4 or higher on two consecutive checks.

MGM Springfield reopened over the weekend of July 10-13 after four months of closure. Encore and Plainridge Park reopened several days earlier. Plainridge is a slots parlor that does not offer table games. In Springfield, that meant 919 gaming positions from 810 slot machines and 90 seats at table games. MGM later expanded its offerings to 855 slot machines while still maintaining social distancing.