“Their table games are outperforming the percentage of gaming revenue from other markets,” DeBole said.Īccording to DeBole, Encore took in more slot revenue in December than the Foxwoods casino in Connecticut ($29 million) but trailed Mohegan Sun, the other Connecticut casino ($42.8 million). Most casinos generate two-thirds of their gambling revenue from slots and a third from table games, he said, but Encore’s take is split almost equally. Paul DeBole, an assistant professor of pollical science at Lasell University who follows the gaming industry, said Encore is somewhat of an anomaly in the casino business because of its unusually high take from table games. Plainridge, a slots parlor, reported $12.3 million in revenue. MGM reported $22.4 million in December gambling revenue, $17.6 million from slots and $4.8 million from table games. The take from table games was the highest since August 2019, when the casino took in $32.2 million. Overall, Encore reported $68.4 million in gambling revenue in December, with $34.9 million from slots and $33.4 million from table games. The large haul at Encore, combined with fairly strong revenues at MGM Springfield and Plainridge Park Casino in Plainville, yielded nearly $28.8 million in state tax revenues for December - $138,000 more than the previous record in March. THE ENCORE BOSTON HARBOR casino in Everett posted record-high gambling revenues in December, propelled by money spent at the facility’s gaming tables. JanuEncore posts record-high gambling revenuesīy Bruce Mohl, CommonWealth Beacon January 17, 2023

Encore posts record-high gambling revenues

Connecticut casino revenue