MGC to Release First MA Sportsbook Revenue Totals After Feb. 15

In just over a week, we will have access to the revenue figures for sports betting in Massachusetts.

According to Thomas Mills, Communications Division Chief for the Massachusetts Gaming Commission (MGC), the reporting laws for casino revenue and sportsbook revenue differ, as he informed Play Massachusetts via email. As a result, the MGC releases the state’s casino revenue figures from the preceding month on the 15th day of each month.

The state law requires the MGC to disclose casino revenue numbers on the 15th, as well as mandates sportsbooks to submit their revenue numbers to the MGC on the same date.

When can we expect to find out the total amount of money that was bet on January 31st, the inaugural day of legalized retail MA sports betting?

According to Mills, it is highly probable that it will occur shortly after February 15th.

Mills expressed doubt about the simultaneous release of the casino revenue report and sports wagering reports due to the variations in state laws. He assured that he will collaborate with the finance and legal teams to ensure a comprehensive and transparent approach in the future.

Massachusetts sportsbooks had a stroke of luck with their launch on Jan. 31 as it allows them to include one day of January sports wagering data in the reports provided to the MGC. This includes data from Encore Boston Harbor (WynnBET Sportsbook), MGM Springfield (BetMGM Sportsbook), and Plainridge Park Casino (Barstool Sportsbook).

Mills confirmed that the MGC will indeed release the revenue figures for retail sports betting, as promised.

Which Casino Will Have the Most Sports Betting?

The Gross Gaming Revenue (GGR) figures for the three Massachusetts casinos were reported in December 2022 as follows:

• The total amount for Encore Boston Harbor is $68,459,743.09.
• MGM Springfield — $22,470,286.70
• The amount of $12,310,688.75 is associated with Plainridge Park Casino.

It is logical to assume that the same order will apply to sports betting revenue.

Despite having a smaller share of the US sports betting market compared to BetMGM and Barstool Sportsbook, WynnBET benefits from its strategic location in Encore Boston Harbor, situated just north of the bustling city center of Boston. This prime real estate ensures a high volume of foot traffic for its retail sportsbook.