MGC to Release First MA Sportsbook Revenue Totals After Feb. 15
We will know revenue numbers for Massachusetts sports betting in a little more than a week.
The Massachusetts Gaming Commission releases the state’s casino revenue numbers from the previous month on the 15th of every month. However, Thomas Mills, Communications Division Chief for the MGC, told Play Massachusetts in an email that the laws for reporting casino revenue and sportsbook revenue aren’t the same.
While state law dictates the MGC must release casino revenue numbers on the 15th, it dictates sportsbooks must report their revenue numbers to the MGCon the 15th.
So … when will we learn how much money was wagered on Jan. 31, the first day retail MA sports betting was legal?
Likely after Feb. 15, according to Mills. But not long after.
“Because of (the differing state laws), I do not believe the casino revenue report and sports wagering reports will be released the same day,” Mills wrote. “I will be working with our finance and legal teams to make sure we do this as comprehensive and straightforward as possible moving forward.”
Sports betting revenue buffs are lucky Massachusetts sportsbooks launched on Jan. 31. That means there will be one day of January sports wagering data from Encore Boston Harbor (WynnBET Sportsbook), MGM Springfield (BetMGM Sportsbook), and Plainridge Park Casino (Barstool Sportsbook) in the reports they provide to the MGC.
And yes, Mills confirmed, the MGC will be releasing that one day of retail sports betting revenue numbers.
Which Casino Will Have the Most Sports Betting?
In December 2022, the three Massachusetts casinos reported the following Gross Gaming Revenue (GGR) figures:
- Encore Boston Harbor — $68,459,743.09
- MGM Springfield — $22,470,286.70
- Plainridge Park Casino — $12,310,688.75
Logic would say this will also be the order for sports betting revenue.
Although WynnBET holds a smaller share of the US sports betting market than BetMGM and Barstool Sportsbook, its location in Encore Boston Harbor — just north of the heart of Boston — gives it prime real estate for retail sportsbook traffic.