As reported Thursday by the Massachusetts Gaming Commission, the state’s three casinos – MGM Springfield, Plainridge Park Casino and Encore Boston Harbor – have collectively generated approximately $92 million in gross gaming revenue in August. The figures were flat from the same month last year.
Encore Boston Harbor saw the most revenue for the month at $58 million in gross slot and table game revenue. While was down from $64.7 million in July, it was however up from $57.8 million in August 2021, and sufficient to place it first.
MGM Springfield placed second, amounting to nearly $22 million in total from slot machines and table games, up from the $21.5 million reported in July. The casino also contributed $5.4 million to the total $25 million in taxes that the states received from its casinos.
Plainridge Park, on the other hand, reported $12 million in slot revenue. The venue does not have table games at the property. Its numbers were down from $12 million in July and down from $12.7 million in August 2021.
As a category 2 slots facility, Plainridge is taxed on 49% of its gross gaming revenue. MGM Springfield and Encore are category 1 resorts-casinos, and are taxed on 25% of GGR. To date, the Commonwealth has collected approximately $1.181 billion in total taxes and assessments from PPC, MGM and Encore since the respective openings of each gaming facility, the Gaming Commission said.
The report comes as Massachusetts regulators work on launching the state’s sports betting market, with more than 40 companies having notified regulators of interest in applying for licenses. Sports betting regulators recently said they are going to take the necessary time to put into place an industry that has “integrity.”
