Massachusetts: February casino revenue shows positive effect of sportsbooks

Wednesday, March 15, 2023 3:46 PM
  • Matthew Bain , PlayMa.com

Massachusetts casinos combined to make over $98 million in February revenue, according to a report released Wednesday by the Massachusetts Gaming Commission.

The exact February 2023 gross gaming revenue (GGR) total — $98,003,399.66 — is a 1.1% increase from the January total of $96.9 million. The overall handle was a 2.5% decrease from January — not shocking, as there were three fewer days in February (28) than in January (31).

The slight increase in revenue despite having three fewer days coincides with the first full month with legal retail sportsbooks at Massachusetts casinos. There was hope that sports betting would bring a new segment of the population to the casinos, where they would gamble on slots and table games in addition to sports bets.

MA casinos paid Massachusetts $27,390,625.11 in February taxes.