{"id":19774,"date":"2019-01-08T13:00:47","date_gmt":"2019-01-08T14:00:47","guid":{"rendered":"https:\/\/www.pokerscout.com\/?p=19774"},"modified":"2019-01-08T16:03:26","modified_gmt":"2019-01-08T16:03:26","slug":"new-england-casino-market-seeing-uptick-in-revenue-from-new-resorts","status":"publish","type":"post","link":"https:\/\/www.pokerscout.com\/new-england-casino-market-seeing-uptick-in-revenue-from-new-resorts\/","title":{"rendered":"New England Casino Market Seeing Uptick In Revenue From New Resorts"},"content":{"rendered":"<p><strong>November was a stabilizing month<\/strong> for the New England casino industry. After three months, the region\u2019s existing casinos seem to be adjusting to the two new casino properties in Springfield, Massachusetts and Tiverton, Rhode Island.<\/p>\n<p><strong>Year-over-year revenues<\/strong> at three of the four southern New England casinos <strong>fell for the third consecutive month<\/strong>, but the decline was far less precipitous than it had been in September and October.<\/p>\n<p>More importantly, the new casinos are significantly growing the overall market, adding some <strong>$20 million per month<\/strong> to the region\u2019s collective haul.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-9979\" src=\"https:\/\/www.pokerscout.com\/wp-content\/uploads\/2019\/01\/Untitled.png\" alt=\"\" width=\"930\" height=\"395\" \/><\/p>\n<h2>Players benefit from New England casino competition<\/h2>\n<p>Another interesting development is <strong>a shift in slot hold percentages at multiple casinos<\/strong>. With Plainridge Park and the Connecticut casinos <strong>returning 92 percent to slot players<\/strong>, MGM\u2019s slot RTP has crept up from 90 to 92 percent since it opened its doors in late August.<\/p>\n<p>Even the extremely stingy Twin River is adjusting to the increased competition, as its slot RTP has risen from 85 percent to 86 percent.<\/p>\n<h2>A closer look at this month\u2019s slot revenue<\/h2>\n<p>New England slot revenue November 2018:<\/p>\n<ul>\n<li>Mohegan Sun Casino \u2013 CT: $44,264,700<\/li>\n<li>Foxwoods Casino \u2013 CT: $35,287,300<\/li>\n<li>Twin River Lincoln \u2013 RI: $34,646,200<\/li>\n<li>MGM Springfield \u2013 MA: $13,371,900<\/li>\n<li>Plainridge Park Casino \u2013 MA: $12,852,300<\/li>\n<li>Twin River Tiverton \u2013 RI: $7,555,900<\/li>\n<li>Oxford Casino \u2013 ME: $5,351,300<\/li>\n<li>Hollywood Casino \u2013 ME: $2,919,400<\/li>\n<\/ul>\n<p>Here\u2019s how each facility stacks up:<\/p>\n<table class=\"tablepress tablepress-id-26\">\n<thead>\n<tr class=\"row-1 odd\">\n<th class=\"column-1\"><\/th>\n<th class=\"column-2\"># Slot Machines<\/th>\n<th class=\"column-3\">Average RTP<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-hover\">\n<tr class=\"row-2 even\">\n<td class=\"column-1\">MGM Springfield<\/td>\n<td class=\"column-2\">2,550<\/td>\n<td class=\"column-3\">92%<\/td>\n<\/tr>\n<tr class=\"row-3 odd\">\n<td class=\"column-1\">Plainridge Park<\/td>\n<td class=\"column-2\">1,200<\/td>\n<td class=\"column-3\">92%<\/td>\n<\/tr>\n<tr class=\"row-4 even\">\n<td class=\"column-1\">Foxwoods<\/td>\n<td class=\"column-2\">4,100<\/td>\n<td class=\"column-3\">92%<\/td>\n<\/tr>\n<tr class=\"row-5 odd\">\n<td class=\"column-1\">Mohegan Sun<\/td>\n<td class=\"column-2\">4,800<\/td>\n<td class=\"column-3\">92%<\/td>\n<\/tr>\n<tr class=\"row-6 even\">\n<td class=\"column-1\">Twin River Lincoln<\/td>\n<td class=\"column-2\">4,200<\/td>\n<td class=\"column-3\">86%<\/td>\n<\/tr>\n<tr class=\"row-7 odd\">\n<td class=\"column-1\">Twin River Tiverton<\/td>\n<td class=\"column-2\">1,000<\/td>\n<td class=\"column-3\">85%<\/td>\n<\/tr>\n<tr class=\"row-8 even\">\n<td class=\"column-1\">Oxford Casino<\/td>\n<td class=\"column-2\">950<\/td>\n<td class=\"column-3\">90%<\/td>\n<\/tr>\n<tr class=\"row-9 odd\">\n<td class=\"column-1\">Hollywood Casino<\/td>\n<td class=\"column-2\">725<\/td>\n<td class=\"column-3\">90%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><!-- #tablepress-26 from cache --><\/p>\n<h2>A closer look at this month\u2019s table game revenue<\/h2>\n<p>Table game revenue November 2018:<\/p>\n<ul>\n<li>Twin River Lincoln \u2013 RI: $11,574,436<\/li>\n<li>MGM Springfield \u2013 MA: $7,876,010<\/li>\n<li>Twin River Tiverton \u2013 RI: $2,142,535<\/li>\n<li>Oxford Casino \u2013 ME: $1,066,209<\/li>\n<li>Hollywood Casino \u2013 ME: $718,188<\/li>\n<\/ul>\n<p>Here\u2019s how each facility stacks up:<\/p>\n<table class=\"tablepress tablepress-id-25\">\n<thead>\n<tr class=\"row-1 odd\">\n<th class=\"column-1\"><\/th>\n<th class=\"column-2\"># Table Games<\/th>\n<th class=\"column-3\"># of Poker Tables<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-hover\">\n<tr class=\"row-2 even\">\n<td class=\"column-1\">MGM Springfield<\/td>\n<td class=\"column-2\">120<\/td>\n<td class=\"column-3\">23<\/td>\n<\/tr>\n<tr class=\"row-3 odd\">\n<td class=\"column-1\">Plainridge Park<\/td>\n<td class=\"column-2\">N\/A<\/td>\n<td class=\"column-3\">N\/A<\/td>\n<\/tr>\n<tr class=\"row-4 even\">\n<td class=\"column-1\">Foxwoods<\/td>\n<td class=\"column-2\">250<\/td>\n<td class=\"column-3\">100<\/td>\n<\/tr>\n<tr class=\"row-5 odd\">\n<td class=\"column-1\">Mohegan Sun<\/td>\n<td class=\"column-2\">300<\/td>\n<td class=\"column-3\">42<\/td>\n<\/tr>\n<tr class=\"row-6 even\">\n<td class=\"column-1\">Twin River Lincoln<\/td>\n<td class=\"column-2\">100<\/td>\n<td class=\"column-3\">22<\/td>\n<\/tr>\n<tr class=\"row-7 odd\">\n<td class=\"column-1\">Twin River Tiverton<\/td>\n<td class=\"column-2\">32+18 Stadium Games<\/td>\n<td class=\"column-3\">N\/A<\/td>\n<\/tr>\n<tr class=\"row-8 even\">\n<td class=\"column-1\">Hollywood Casino<\/td>\n<td class=\"column-2\">18<\/td>\n<td class=\"column-3\">4<\/td>\n<\/tr>\n<tr class=\"row-9 odd\">\n<td class=\"column-1\">Oxford Casino<\/td>\n<td class=\"column-2\">28<\/td>\n<td class=\"column-3\">N\/A<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><!-- #tablepress-25 from cache --><\/p>\n<h2>State-by-state casino revenue breakdown<\/h2>\n<h3>Massachusetts<\/h3>\n<p>It\u2019s still early, but MGM Springfield is shaping up to be a <strong>$20-$25 million\/month property<\/strong>.<\/p>\n<p>More importantly, its impact on Plainridge Park seems negligible. Plainridge\u2019s Y\/Y revenue has been relatively steady since the opening of MGM. The racino is even flirting with the idea of <strong>petitioning the state for the remaining casino license<\/strong> that the <strong>Massachusetts Gaming Commission<\/strong> shelved after a <strong>proposed tribal casino in Taunton fell through<\/strong>.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-9980\" src=\"https:\/\/www.pokerscout.com\/wp-content\/uploads\/2019\/01\/Untitled1.png\" alt=\"\" width=\"726\" height=\"550\" \/><\/p>\n<h3>Connecticut<\/h3>\n<p>October was a tough month for the two Connecticut casinos, with <strong>Y\/Y revenue falling 10 percent at Foxwoods and Mohegan Sun<\/strong>. Both properties were <strong>down again in November<\/strong>, but by 6.8 percent and 8 percent respectively.<\/p>\n<p>Considering the new competition the two casinos are dealing with, those declines could be seen as wins.<\/p>\n<p>Of course, with a third, and much grander casino (<strong>Encore Boston Harbor<\/strong> in Everett, Massachusetts) opening in June, Foxwoods and Mohegan aren\u2019t out of the woods yet.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-9981\" src=\"https:\/\/www.pokerscout.com\/wp-content\/uploads\/2019\/01\/Untitled2.png\" alt=\"\" width=\"725\" height=\"556\" \/><\/p>\n<h3>Rhode Island<\/h3>\n<p>Twin River owns and operates both Rhode Island casinos, and after relocating Newport Grand\u2019s casino license to its new Tiverton location, <strong>monthly gaming revenue has quadrupled<\/strong>.<\/p>\n<p>And neither the new Tiverton property or MGM Springfield seem to be having an impact on the company\u2019s flagship property, <strong>Twin River Lincoln<\/strong>. In fact, Twin River Lincoln saw <strong>revenue rise Y\/Y in November<\/strong>, the first southern New England casino to pull that off since the new properties opened their doors.<\/p>\n<div class=\"redheader-cta tb_edit_table\">\n<div class=\"tb_editlinks\"><\/div>\n<div class=\"pusa-table cta\">\n<div class=\"sr-header\">\n<p>CHUMBA ACCEPTS US PLAYERS &amp; HAS REAL CASH PRIZES<\/p>\n<\/div>\n<ul class=\"pusa-list\">\n<li>\n<ul class=\"pusa-item\">\n<li class=\"pusa-logo\"><img decoding=\"async\" class=\"thirstylinkimg\" title=\"Chumba Casino\" src=\"https:\/\/www.pokerscout.com\/wp-content\/uploads\/2019\/01\/chumba1-2.jpg\" alt=\"Chumba Casino\" \/>Visit Chumba Casino<\/li>\n<li class=\"pusa-bonus\">$2 in Sweeps Cash FREEPLUS $10 when you deposit<\/li>\n<li class=\"pusa-details\">Chumba Casino Review\n<ul class=\"pusa-item-checklist tb-list-checklist\">\n<li><i class=\"fa fa-check\"><\/i>US Players Accepted<\/li>\n<li><i class=\"fa fa-check\"><\/i>$2 in Free-Play on Sign-up<\/li>\n<li><i class=\"fa fa-check\"><\/i>Deposit via Credit or Debit Card<\/li>\n<\/ul>\n<\/li>\n<li class=\"pusa-button\">PLAY NOW<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>Rhode Island also gave its casinos an assist when it legalized sports betting. Both properties\u2019 <strong>sportsbooks are now up and running<\/strong>, with which will further add to their revenue tallies going forward.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-9982\" src=\"https:\/\/www.pokerscout.com\/wp-content\/uploads\/2019\/01\/Untitled3.png\" alt=\"\" width=\"730\" height=\"580\" \/><\/p>\n<h3>Maine<\/h3>\n<p>They may technically be in New England, but Maine\u2019s two casinos are far enough away that the opening of the two new casinos has had little impact on their operations.<\/p>\n<p>So, for the most part, it\u2019s been business as usual at <strong>Hollywood Casino<\/strong> and <strong>Oxford Casino<\/strong>.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-9983\" src=\"https:\/\/www.pokerscout.com\/wp-content\/uploads\/2019\/01\/Untitled4.png\" alt=\"\" width=\"744\" height=\"573\" \/><\/p>\n<p>The post New England Casino Market Seeing Uptick In Revenue From New Resorts appeared first on Play USA.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>November was a stabilizing month for the New England casino industry. After three months, the region\u2019s existing casinos seem to&hellip; <a class=\"more-link\" href=\"https:\/\/www.pokerscout.com\/new-england-casino-market-seeing-uptick-in-revenue-from-new-resorts\/\">Continue reading <span class=\"screen-reader-text\">New England Casino Market Seeing Uptick In Revenue From New Resorts<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":19782,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"link","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[374,6],"tags":[],"class_list":{"0":"post-19774","1":"post","2":"type-post","3":"status-publish","4":"format-link","5":"has-post-thumbnail","7":"category-industry","8":"category-news-category","9":"post_format-post-format-link","10":"entry"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New England Casino Market Seeing Uptick In Revenue From New Resorts -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pokerscout.com\/new-england-casino-market-seeing-uptick-in-revenue-from-new-resorts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New England Casino Market Seeing Uptick In Revenue From New Resorts -\" \/>\n<meta property=\"og:description\" content=\"November was a stabilizing month for the New England casino industry. 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