JP Morgan analyst Joseph Greff has initiated coverage of Massachusetts and his first dispatch is a corker: Encore Boston Harbor generated $17 million in a single, debutant week of play. That includes $9 million of slot 
revenue. Wynn Resorts execs have got to be loving the slot/revenue mix of dollars (win/table/day of $4,151, almost triple MGM Springfield), to say nothing of the way-above-industry-average $361/win/slot/day. MGM Springfield, at $20 million for the month, has to be called a disappointment though not a flop, generating win/slot/day of a below-average $192. ($200/day is the desired average) Even if Plainridge Park grossed $13.5 million for third place (down 9%) is giving more bang for the buck than Springfield, generated slot win of $376/slot/day — better than Encore.
To put these numbers into an East Coast perspective, Borgata slot win is $461/slot/day and it does $2,913/table/day. Resorts World New York rakes in $389/slot/day (no tables), while Mohegan Sun banks 
$350/slot/day in win and doesn’t report table revenue. MGM National Harbor averages $340/slot/day and leads the East Coast at the tables, with $5,648/table/day, a staggering sum. Twin River‘s slots don’t show up on the radar but its tables average $3,331/day, followed by Wind Creek Bethlehem ($3,028/table/day). Even allowing for the novelty factor of Encore Boston Harbor, it’s clearly one of the most turbo-charged casinos in the business, although Penn National Gaming can take assurance in the fact that Plainridge Park is weathering the storm.
