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Encore revenue tumbles more than $7M

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  Encore Boston Harbor reported a serious downturn in revenue, posting $55.1 million for the month of November. This comes just one month after the casino posted a record high of $62.7 million in October. The new revenue figure represents a sizable decrease of $7.6 million over the prior month, one of the largest financial slides since Encore opened two-and-a-half years ago.

  Within the November total, $25.1 million came from table games while the remaining $30 million came from the slot machines.

  In addition, the state received $13.7 million in taxes from Encore last month. By comparison, the casino’s revenue in November 2020 was $27.3 million.

  As for the competition, MGM Springfield reported a revenue of $21.6 million in November while Plainridge Park brought in $10.9 million.

  Thus far, Encore has generated $571.3 million this year, bringing its monthly average to $51.9 million. Last year, the casino brought in a total of $331.2 million and averaged $27.6 million per month. Since opening in June 2019, Encore has brought in a grand total of $1.2 billion.

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