Massachusetts Casinos Record Steady Revenue in August, Hit $105 Million

Massachusetts’ three land-based casinos generated $105 million in gross gaming revenue in August, a steady 1.7% increase compared to last year’s figure of $103.3 million. 

The figures, published by the Massachusetts Gaming Commission (MGC), revealed that of the combined total, slots generated $73.9 million, representing a 7.1% year-over-year increase from $69 million. In contrast, table games generated $31.1 million, down from $34.3 million, a 9.3% year-on-year decrease. 

Encore Boston Harbor, the state’s largest casino, once again led the way. It reported $65 million in gross gaming revenue for August this year, which is nearly identical to the $64.9 million it collected a year earlier but slightly above its $61.3 million in August 2023. MGM Springfield followed with $24.9 million in revenue, up from $23.7 million in August 2024 and $23.5 million in August 2023. 

Plainridge Park Casino, the state’s slots-only facility, brought in $15.1 million in August, rising from $14.7 million last year and $13.1 million in August 2023. The Plainville venue has maintained incremental but stable revenue growth, despite not offering table game products. 

Casino gambling in Massachusetts dates back to 2011 with the passage of the Extended Gaming Act, while state residents can take part in Massachusetts sports betting through seven licensed operators. The state also lacks a real-money online casino market.

Other Massachusetts gambling news

The generally positive revenue report comes as Massachusetts grapples with broader gambling controversies. Last week, derivatives company Robinhood Derivatives filed a federal lawsuit seeking to block Massachusetts Attorney General Andrea Joy Campbell from interfering with Kalshi, a New York–based online prediction market operator and Robinhood affiliate.

Campbell took legal action against Kalshi in state court last week, accusing the company of operating as an unlicensed sports betting platform under the jurisdiction of the MGC. 

In a statement, she argued that Kalshi is offering contracts on sporting events without meeting state licensing requirements, saying, “Sports wagering comes with significant risk of addiction and financial loss and must be strictly regulated to reduce public health consequences.”

Robinhood, however, contends that Kalshi is regulated under federal law, specifically the Commodity Exchange Act, which it says preempts state authority. 

Prediction markets operate similarly to futures markets, enabling participants to buy and sell contracts based on their expectations of future outcomes, such as election results or sporting events. Kalshi has already secured preliminary relief from New Jersey and Nevada regulators, bolstering its case that federal law governs its operations.

The legal clash adds pressure on state regulators, who have expressed concern that prediction markets are blurring the lines between financial trading and sports gambling, all while avoiding state taxes and consumer protections. 

The Massachusetts Secretary of State William Galvin has also opened an investigation into Robinhood’s sports wagering contracts, extending the company’s long-running battles with Massachusetts regulators.