Massachusetts is home to some of the most popular casinos on the East Coast. Fortunately, these gaming venues have come a long way since the shutdowns ordered back in 2020. New reports indicate casino revenue in May has surged this May.
It’s clear that Massachusetts has one of the most successful casino industries on the East Coast. It seems likely that gaming revenue will continue to increase here as 2021 continues. Now is a great time to talk about exactly how much money the casinos in this state are bringing in right now.
Let’s get into it!
Most US Casinos Are Now Operating Restriction-Free
The United States is home to many of the world’s best casinos. Some of these are located in major gambling hubs such as Las Vegas and Atlantic City. There are also some truly world-class gambling properties in smaller, lesser-known destinations.
In March of 2020, all of these casinos across the country were ordered to shut down. The pandemic brought the land-based gambling industry to a screeching halt. This proved to be devastating for the various cities that rely on casinos to bring in tourism and revenue.
It took months for any casinos around the country to open their doors again. Those that did open were forced to abide by extremely intense health restrictions including mandatory mask-wearing and reduced capacity limits. These restrictions remained in place for many months.
Today, most US casinos are now operating restriction-free. Each state has taken its own approach to remove these health rules. All of the most popular casino-resorts in Las Vegas are now operating in the same way they did in 2019.
The removal of these restrictions has helped to boost visitation rates to most casinos around the country. Places like Las Vegas have seen a steady increase in their tourism numbers. This is expected to ramp up over the summer months.
Massachusetts is home to some fantastic casino-resorts. New reports have just come out detailing how much money these properties have been bringing in lately.
Casino Revenue in MA has Surged Once Again in May
Massachusetts’ casino industry was shut down for many months last year. The casinos here eventually reopened over the summer and have been working hard to bring in guests ever since. It appears these efforts have been successful.
New reports on casino revenue in MA over the month of May have just come out. To the surprise of some analysts, revenue here increased again in May when compared to April. It’s great news for the gaming properties based here.
Encore Boston Harbor, the most popular gambling in the state, brought in $53 million in May. MGM Springfield saw $21 million in overall gaming revenue. Plainridge Park, a slot and racetrack property, brought in $12.5 million last month.
Like most other states, Massachusetts has removed all restrictions for its casinos. This is clearly helping to boost visitation rates inside these properties. Many analysts are now forecasting major surges in gaming revenue over June, July, and August.
It’s beginning to look like Massachusetts may soon launch its sports gambling industry. Now is a great time to talk about what new forms of gambling may soon become available in this state. Here’s what you need to know!
Massachusetts Takes One Step Closer to Sports Betting Legalization
As most are aware, the state of Massachusetts is known to have one of the largest sporting fan bases in the world. It’s here that major teams such as the New England Patriots and Boston Red Sox are located. Many felt that this state would be one of the first to legalize sports gambling after PASPA was struck down.
That did not end up being the case. Lawmakers in the state have been torn on this subject. To the disappointment of many individuals, Massachusetts still has not chosen to formally launch its sports gambling operations.
This could change soon, though. Not long ago, reports surfaced that claim the Committee on Economic Development and Emerging Technologies plans to meet to discuss the pros and cons of sports betting. This group wants to ensure that when sports betting goes live, it’s done in the safest and most beneficial way possible.
There are still many things necessary for sports betting to become legal in Massachusetts. The Senate and House of Representatives will need to formally approve bills to regulate this form of gambling. If approved, the bills will then make their way to Governor Baker’s office.
More states around the country seem close to legalizing sports betting. Washington and Ohio both seem on the brink of launching their first sportsbooks. We’ll be sure to offer more updates on these states over the next few months.
Are you surprised to see casino revenue in MA increasing again? How long do you expect this to continue for? Let us know in the comments section below.
A longtime sports and gambling enthusiast, Kevin looks to present up-to-date and reliable information for readers. If he’s not writing, he’s probably watching MMA or playing blackjack. ...
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