Gaming

Plainridge, state's two other casinos generate over $90M in revenue for September

Tuesday 17 de October 2023 / 12:00

⏱ 1 min read

(Springfield).- The state’s three casinos — Plainridge Park in Plainville, MGM Springfield in Springfield and Encore Boston Harbor in Everett — generated $90.39 million in gross gaming revenue last month, the Massachusetts Gaming Commission reported.

Plainridge, state's two other casinos generate over $90M in revenue for September

In addition, another $49.81 million in taxable sports wagering revenue was generated across the eight mobile/online licensees and three in-person licensees for September.

Plainridge is taxed on 48% of its gross gaming revenue. Of that amount, 82% is paid to local aid and 18% is allotted to the Race Horse Development Fund.

MGM Springfield and Encore Boston Harbor are taxed on 25% of gross gaming revenue.

That cash is allocated to several specific state funds as determined by the gaming statute.

To date, Massachusetts has collected over $1.5 billion in total taxes and assessments from the casino operations since the respective openings of each gaming facility.

To date, the state has collected approximately $60.26 million in total taxes and assessments from the sports wagering operations of licensed operators since sports wagering began in person on Jan. 31, 2023, and online on March 10, 2023.

Categoría:Gaming

Tags: Sin tags

País: United States

Región: North America

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