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Despite Weakest Month For Table Games, MGM Springfield Revenue Up Slightly In July

MGM Springfield saw gambing revenue increase about 2 percent in July over June. Still, it was the third lowest month for the resort since it opened nearly a year ago.

Slot machine revenue was up more than 5 percent in July. That helped make up for MGM Springfield's weakest month yet for table games — down about 7 percent from June.

Combined, MGM collected almost $20.4 million last month, according to data from the Massachusetts Gaming Commission

July was the first full month MGM Springfield faced in-state competition from the much larger Encore Boston Harbor. That casino, in Everett, reported gambling revenue of more than $48.5 million last month.

A breakdown of casino revenue for Massachusetts in July 2019.
Credit Massachusetts Gaming Commission
/
Massachusetts Gaming Commission
A breakdown of casino revenue for Massachusetts in July 2019.

Despite posting two of its worst months in the middle of summer tourist season, a statement from MGM Springfield said it's pleased with the revenue increase in the face of a new rival. The company also claimed to have sparked economic stimulus in and around the the city's downtown.

"It’s gratifying to witness the high level of economic development that has been sparked such as new hotels, restaurants and retail," the statement read. "MGM came to Springfield to be a catalyst for the revitalization of this great American city, and we believe we’re well on our way.”

An NEPR report has found some business owners in the neighborhood report little to no impact from the casino.

Since the casino opened in late August 2018, the state has collected more than $63 million in gambling taxes from MGM Springfield.

Adam joined NEPM as a freelance reporter and fill-in operations assistant during the summer of 2011. For more than 15 years, Adam has had a number stops throughout his broadcast career, including as a news reporter and anchor, sports host and play-by-play announcer as well as a producer and technician.
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