State reports it has taken in $700M in taxes from gaming


STAFF REPORT

The Massachusetts Gaming Commission reported today that the month of January 2021 at Plainridge Park Casino (PPC), MGM Springfield and Encore Boston Harbor generated approximately $548 million in Gross Gaming Revenue (GGR).

PPC, a category 2 slots facility, is taxed on 49% of GGR. Of that total taxed amount, 82% is paid to Local Aid and 18% is allotted to the Race Horse Development Fund. MGM

Springfield and Encore Boston Harbor, category 1 resort-casinos, are taxed on 25% of GGR; those monies are allocated to several specific state funds as determined by the gaming statute.

To date, the Commonwealth has collected approximately $700 million in total taxes and assessments from PPC, MGM and Encore since the respective openings of each gaming facility.

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