Rome wasn’t built in a day. Neither was sports wagering in Massachusetts, though the first day of operations proved inauspicious at Encore Boston Harbor’s WynnBET’s retail sportsbook.
The Massachusetts Gaming Commission (MGC) released figures for the Jan. 31 launch of sports wagering in the Bay State at its three retail sportsbooks Wednesday. Encore accounted for close to three-quarters of the state’s $511,000 handle, with nearly $371,000 worth of accepted wagers, but its gross revenue loss of $73,303 was the overwhelming reason there was a small overall deficit statewide on the first day of action.
MGM Springfield and Plainridge Park fared much better, with Plainridge’s Barstool Sportsbook-powered venue posting a staggering 64.9% hold to claim $54,000 in winnings from $83,000 wagered. MGM landed between the two other books, as its 21% hold provided $12,300 in gross revenue from $57,000 handle.
Inauguaral January #SportsBetting numbers for #Massachusetts via MGC. One day of wagering on 1/31 = January wagering.