Published
Land-BasedCasinoFinancialIndustry

Massachusetts casinos generate $81m GGR for July

The Massachusetts Gaming Commission reported $81m in gross gaming revenue (GGR) was generated across Plainridge Park Casino, MGM Springfield and Encore Boston Harbor for July.

massgamingcommission

This represents a year-on-year increase of more than 400%, although it is an unfair comparison as only Plainridge was open in July 2018.

Encore, which opened on 23 June, generated the highest GGR out of the three Massachusetts venues.

It made $27.4m from table games and $21.2m from slots, totalling $48.6m. It paid taxes of $12.1m.

MGM Springfield paid taxes of $5.1m from its total GGR of $20.4m. It took $4.9m from table games and $15.5m from slots.

Plainridge generated GGR of $12.5m, down 17%, all of which was made from slots, and paid taxes of $6.1m.

Plainridge faces the highest tax rate of the three, 49%, as it is a category two slots facility, while MGM and Encore are both taxed 25%.

From Plainridge’s taxed total, 82% is paid to Local Aid and 18% allotted to the Race Horse Development Fund.

Taxes from MGM and Encore, both category one resorts, are divided among several state funds, as set out by the gaming statute.

To date, the Commonwealth has collected approximately $410m in total taxes and assessments from the three venues since the respective openings of each facility.

Premium+ Connections
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Live! Casino & Hotel Maryland
Mohegan
Mohegan Inspire
DraftKings
Follow Us

Company profile: Growe Partners

Dominate the Sports Betting Affiliate Arena with Growe Partn...

Company profile: GR8 Tech

The sportsbook provider discusses turning sportsbooks into a...

Analysing sports betting data from the African Cup of Nations 2024

Sports betting supplier Betby provides Gambling Insider with...

LiveScore Group: Football’s changing relationship with fans

Gambling Insider delves deeper into LiveScore’s Evolution...