Encore Gross Revenues Grow for Third Straight Month

Gross Gaming Revenues (GGR) at Encore Boston Harbor grew for the third straight month in January at $33.31 million and showed increasing revenues at both slots and table games.

In fact, despite closures and COVID-19 restrictions, the slot numbers weren’t that far off from pre-pandemic days – a startling fact that has been the case on several monthly reports throughout the past year.

The slot revenues in January came in at $19.6 million, which was up from $16.09 million in December and $15.4 million in November. In pre-pandemic days, such as in December 2019, slot revenues were $22.6 million – just $3 million more in that month than in January of 2021. Even last September 2020, in the midst of the pandemic, slot numbers were at $23.4 million which was above the average monthly revenues for Encore before COVID-19 hit.

Table games have been closed for the most part since COVID hit, with no poker offerings at all since last March. That has caused the revenues to be far off the normal course at $13.68 million in January. That was consistent with revenues in December as well, and a little higher than November’s $11.8 million.

Before COVID, table games were grossing close to $30 million a month at Encore.

The January 2021 state gaming taxes stood at $8.3 million and the total coin-in dollars were $235.19 million – the highest since October.

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