Massachusetts Casino Revenue Slips In December As All Properties Post Declines
The three licensed casinos in Massachusetts reported revenue declines in December 2025 compared with the same period last year.
Total revenue across all three properties was approximately $97.9 million, representing a year-over-year decrease of 4.2% from December 2024.
Across the Northeast, several persistent pressures continue to weigh on brick-and-mortar casinos, including increased in-state competition and the broader evolution of the gaming industry.
As online and mobile gaming expands in more states and regions, these challenges are expected to intensify for physical casino operators.
Encore Boston Harbor, which has historically led the state in annual gaming revenue, saw a decline of 4.7% in December, generating $61.8m.
Table Game Revenue Down
The primary driver was a 12.3% drop in table game revenue to $24.8m, signaling weaker high-end play during the holiday period.
Slot revenue at Encore rose modestly by 1.2% to just over $37m, making it the only Massachusetts casino to post slot growth in December.
MGM Springfield reported a 3.4% decline in total gaming revenue, finishing December at $21.9m. Both major revenue streams fell during the month, with table games declining to $3.6m and slot revenue dropping 3.1% to $18.3m.
Regional casinos such as MGM Springfield tend to rely more heavily on local customers, leaving them more exposed during periods of reduced discretionary spending.
Plainridge Park Casino, the state’s only slots-only property, recorded the smallest decline of the three casinos.
Revenue fell 3% year over year to $14.1m, continuing a pattern of relative stability compared with the larger, full-scale casino resorts, which have experienced wider fluctuations due to their more diverse gaming offerings.
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Decline In Slot Revenue
State data shows diverging trends among gaming segments.
Slot revenue declined slightly by $0.9m, or 0.9%, to $69.5m, reinforcing slots as the backbone of Massachusetts’ retail casino market.
Table game revenue dropped more sharply, falling 11.4% to $28.4m and accounting for most of the month’s overall decline.
Industry analysts attribute the greater volatility in table games to their sensitivity to discretionary income levels and seasonal tourism patterns. December’s results also reflect the increasingly competitive environment facing Massachusetts casinos.
Particularly as consumers shift toward online sports betting and iGaming options that are available in neighboring states but not yet regulated in the Commonwealth.
Despite the downturn, Massachusetts casinos continue to generate tax revenue and support employment across the state.
Regulators and lawmakers are closely monitoring performance as discussions around potential gaming expansion continue.
Looking ahead to 2026, operators are expected to focus on improving operational efficiency, expanding entertainment offerings, and strengthening customer loyalty.
While near-term challenges remain, the long-term outlook for Massachusetts’ casino industry will depend on how effectively operators adapt to a rapidly evolving and increasingly digital gaming landscape.
