Slots slip, table game revenues keep rising at Encore
Overall, Everett casino sees 8 percent gain
SLOT MACHINE REVENUES at Encore Boston Harbor remained lackluster in August, while revenue from table games continued to surge.
Numbers released by the Massachusetts Gaming Commission on Monday indicated gross slot revenues at Encore were $20.2 million in August, down 4.4 percent compared to July. Assuming 3,100 slot machines at the casino, the daily revenue per machine dropped from $220 in July to $210 in August. That’s well below the revenue per machine at Foxwoods in Connecticut, which averaged $371 in August.
Even as slots revenue declined, the Encore casino in Everett continued to show surprising strength with its table games. Table game gross revenue in August was $32.3 million, up $4.8 million, or 17.6 percent, from July.Overall, slots and table game revenue at Encore rose 8 percent to $52.5 million in August, of which $13.1 million went to the state in the form of taxes.
The split between table game and slot machine revenue at Encore was 61-36 percent. At MGM, it was just the opposite, with 75 percent of the revenue coming from slot machines and 25 percent from table games.