November turned out to be a very bad month, income wise for casinos based in Massachusetts, and whilst that month is not usually one associated with record income levels, the figures just released for all three casino based in that US state do make for rather depressing reading.
Take for example the recently opened Plainridge Park Casino in Plainville, that casino did open back in June 2015 in a blaze of glory, however they experienced their worst month ever since they opened in November which doesn’t bode well for the future.
Over at the nearby MGM Springfield Casino they experienced their worst month of gaming income since way back in August 2018, and the Encore Boston Harbor Casino had its second month on record last month too, however that casino online opened in June of this year so their figures do need to stabilize somewhat to have any real meaning.
With those figures being low that did of course mean that the Massachusetts state coffers didn’t get as much cash flowing into them from gambling taxes and associated fees, however with the state picking up some $502 million in November that is still a hefty sum of money all things considered.
To help increase flow of cash coming in, one casino has decided to lower its table game minimum wagering requirements, that casino being the Encore Boston Harbor Casino, so gamblers that do want to play for some much lower stake levels are going to be catered for at that casino at least.
Early reports are that December isn’t proving to be a good month for any of those casinos either, however December is often the worst month for gaming revenue at any land-based casino.
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