Massachusetts’ newest and oldest casinos struggled to make a buck in October, while MGM Resorts’ property had its best showing in six months.
Figures released Friday by the Massachusetts Gaming Commission showed the MGM Springfield casino generated gaming revenue of $21.2m in October, about $1m shy of October 2018’s result but the property’s best showing since May 2019. The $1m decline was entirely due to MGM’s table games, as slots revenue reported a mild bump.
Wynn Resorts’ Encore Boston Harbor has been claiming the lion’s share of the state’s table game action since its late-June opening, but the property had its worst table showing to date at $23.5m, down by $3.5m from September. The slide negated Encore’s best slots showing to date ($22.3m), leaving total gaming revenue around $3.1m below September’s figure.
Things were even grimmer at Plainridge Park Casino, the slots-only venue run by Penn National Gaming (PNG). Plainridge’s gaming revenue totaled a mere $11.25m, about $300k less than the previous month and nearly $2.3m less than it earned in October 2018. It’s the lowest full-month total since the property opened in June 2015.