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the commission said. The state is entitled to more than $5.

edit:casino time:2018-10-17
MGM Springfield tallies $27M in first month

Sentinel & Enterprise

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By Colin A. Young

State House News Service

BOSTON -- The first full month of gambling at a full-scale casino yielded more than $6.7 million in tax revenue for Massachusetts and almost $27 million in gross revenue for MGM Springfield, the state Gaming Commission said Monday.

Players wagered $190 million on MGM Springfield's slot machines in September and while 90 percent of it was returned to players as winnings, MGM Springfield reported $18.15 million in gross slot revenue last month.

The casino also counted $9 million in gross revenue from its table games in September for total monthly revenue of $27 million. Full-scale casinos in Massachusetts are taxed at a rate of 25 percent of their gross gaming revenue and the monthly state tax haul from MGM in September was $6.7 million, the Gaming Commission said.

MGM Springfield, which opened on Aug. 23, collected gaming revenue of roughly $9.5 million between its opening and the end of August.

Massachusetts collected another $7 million in tax revenue last month from the slots parlor at Plainridge Park Casino, where gamblers put $175 million on the line last month.

The slots parlor in Plainville reported slots revenue of $14 million and a prize payout percentage of 92 last month, the commission said.

The state is entitled to more than $5.7 million of Plainridge's September revenue in the form of state taxes intended for local aid and another $1.2 million for the Race Horse Development Fund.

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 the commission said. The state is entitled to more than $5.7 million of Plainridge's September revenue in the form of state taxes intended for local aid and another $1.2 million for the Race Horse Development Fund. Advertisement That works out to a total tax or assessment hit of just more than $7 million last month free gambling slot games

     

 the commission said. The state is entitled to more than $5.7 million of Plainridge's September revenue in the form of state taxes intended for local aid and another $1.2 million for the Race Horse Development Fund. Advertisement That works out to a total tax or assessment hit of just more than $7 million last month free gambling slot games

     

 the commission said. The state is entitled to more than $5.7 million of Plainridge's September revenue in the form of state taxes intended for local aid and another $1.2 million for the Race Horse Development Fund. Advertisement That works out to a total tax or assessment hit of just more than $7 million last month free gambling slot games



 

 the commission said. The state is entitled to more than $5.7 million of Plainridge's September revenue in the form of state taxes intended for local aid and another $1.2 million for the Race Horse Development Fund. Advertisement That works out to a total tax or assessment hit of just more than $7 million last month free gambling slot games

 

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Updated:   10/17/2018 06:32:47 AM EDT


 the commission said. The state is entitled to more than $5.7 million of Plainridge's September revenue in the form of state taxes intended for local aid and another $1.2 million for the Race Horse Development Fund. Advertisement That works out to a total tax or assessment hit of just more than $7 million last month free gambling slot games

 the commission said. The state is entitled to more than $5.7 million of Plainridge's September revenue in the form of state taxes intended for local aid and another $1.2 million for the Race Horse Development Fund. Advertisement That works out to a total tax or assessment hit of just more than $7 million last month free gambling slot games

That works out to a total tax or assessment hit of just more than $7 million last month, according to the Gaming Commission.

 

 
 

 the commission said. The state is entitled to more than $5.7 million of Plainridge's September revenue in the form of state taxes intended for local aid and another $1.2 million for the Race Horse Development Fund. Advertisement That works out to a total tax or assessment hit of just more than $7 million last month free gambling slot games

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