Casinos within the Bay State received $86 million from gamblers in February, in line with figures launched Tuesday by regulators.
The Massachusetts Gaming Commission mentioned that Plainridge Park Casino, MGM Springfield, and Encore Boston Harbor collectively had a robust month in opposition to patrons.
The month introduced the state’s tax income from on line casino playing to $1.018 billon because the three properties opened, a major achievement for the state.
“My colleagues at the MGC and I are pleased to highlight this milestone,” said MGC Chair Cathy Judd-Stein. “When the legislature passed the expanded gaming act in 2011, they envisioned a regulated gaming industry in the Commonwealth that would serve as an economic driver while promoting responsible play.”
Plainridge Park Casino, a slots facility, is taxed on 49% of gross gaming income. MGM Springfield and Encore Boston Harbor are taxed on 25% of GGR.
“Just over 11 years since this legislation was signed, the Commonwealth has collected over $1 billion in complete taxes and assessments from casinos working in Massachusetts,” Judd-Stein added.
“This income has and continues to profit the Massachusetts economic system by bolstering native help, funding transportation and infrastructure initiatives, guaranteeing important group mitigation initiatives are backed, and that the well being and security of the trade and those that have interaction with it are a high precedence.
February’s gaming income of $86 million was up from $67.4 million in February 2021. The casinos have been nonetheless impacted by the pandemic in early 2021.
The casinos generated $1.01 billion in gaming income in 2021, an all-time excessive.
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