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16 July

Encore Boston Harbor Grosses $17M in First Week

July 16, 2019
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Encore Boston Harbor earned about $17 million in gambling revenue during its opening week, reports the Las Vegas Review-Journal.

The Massachusetts Gaming Commission (MGC) released a data which unveiled that the Everett-based casino resort grossed more than $2 million each day.

Alan Woinski, president of a consultancy group Gaming USA Corp., called this the “best opening period” for a brand new casino.

Wynn Resorts, the venue’s owner, predicted that it would take in more than $800 million in the first year; and if Encore Boston continues at the set pace, it will earn about $770 million. 

In an interview with the Review-Journal, Union Gaming analyst John DeCree stated that he didn’t find this surprising as the first 30 days were usually strong for a new casino. 

The company’s report showed that they earned $7.7 million on table games and $9.1 million on slots.

The $2.6 billion casino resort opened its doors on June 23, featuring 3,158 slots, 88 poker tables, and 143 table games.

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