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Others

Massachusetts Gaming Commission Publishes 2023 Annual Report

Wednesday 12 de June 2024 / 12:00

2 minutos de lectura

(Massachusetts).-The Massachusetts Gaming Commission recently published its 2023 Annual Report, covering the Commission's activities from July 1, 2022, to June 30, 2023. This marks the MGC's twelfth annual report since its inception

Massachusetts Gaming Commission Publishes 2023 Annual Report

The report covers a wide range of topics from financial updates, recommendations for legislative action, results on licensee workforce and supplier diversity goals, casino property and project summaries, division reports, and is the first report to feature details about legalized sports wagering which began at the Commonwealth’s casinos in January 2023 and on mobile platforms in March 2023.

“The Commission’s Annual Report is an important publication detailing all that was accomplished over the last fiscal year on behalf of the residents of the Commonwealth,” said Interim Commission Chair Jordan Maynard.“The work to regulate and oversee the casino, horse racing, and sports wagering industries in the Commonwealth takes a dedicated team committed to ensuring those industries prioritize consumers and focus on responsible gaming. The Massachusetts Gaming Commission is pleased to present this report, which details our commitment to transparent policy making, nation-leading research, and industry standard innovations.”

 Within six months of the bill being signed into law, the Commission launched in-person sports wagering followed by mobile sports betting just over a month later. In all, the Commission granted 11 Certificates of Operations to sports wagering operators, which generated $228.7 million in adjusted gross sports wagering revenue across the fiscal year, accounting for more than $44 million in sports wagering tax revenue.

Gross Gaming Revenue reached $1.2 billion in FY23, generating $320.7 million in tax revenue for the Commonwealth.

The  Community Mitigation Fund, which provides grant funding to eligible municipalities and government entities located in the vicinity of Massachusetts casinos to advance needs in transportation, community planning, workforce development, and public safety initiatives, awarded approximately $10.2 million in grants in FY23.Additionally, Investigations and Enforcement Bureau the MGC’s helped intercept $3.6 million from unpaid taxes and child support payments.

The Commission is committed to promoting responsible gaming and providing tools for patrons to manage their play in the form of programs like the Voluntary Self-Exclusion (VSE) Program and Play my Way . During FY23, 1,430 individuals enrolled in the VSE program, which allows people to voluntarily exclude themselves from casino gambling and/or sports wagering for a predetermined amount of time. More than 42,000 people also enrolled in PlayMyWay, a free budgeting tool that lets players track their play and receive automatic notifications as they get closer to their pre-set budget amount. Massachusetts is the first and only state to offer a program like PlayMyWay, which is available at all three Massachusetts casinos.

The Commission has also supported a wide range of gambling-related research projects, of which six were released in FY23, with more than 60 reports published since 2014. The FY23 Annual Report is the final report under the leadership of Chair Cathy Judd-Stein

Categoría:Others

Tags: Sin tags

País: United States

Región: North America

Event

ICE Barcelona 2026

19 de January 2026

CT Interactive successfully closed its participation in ICE Barcelona 2026 and advances in Africa

(Sofia).- The company strengthens its presence in regulated Europe and LATAM, and accelerates its expansion in Africa with South Africa as a key strategic market.

Thursday 29 Jan 2026 / 12:00

EEZE drives its global expansion at ICE Barcelona 2026 with a strong focus on LatAm and Europe

(Barcelona, SoloAzar Exclusive).- Diego Verano, Business Development Director at Eeze, confirms that the company closed ICE Barcelona 2026 with record participation: strong interest in Fusion Roulette and the new game show Fortune Drop, along with key progress in certifications for Brazil and Peru that strengthen its growth strategy in Latin America.

Thursday 29 Jan 2026 / 12:00

GAT Sets New Meeting Record at ICE Barcelona and Strengthens Strategic Alliances

(Bogotá).- GAT Events, a leading B2B business, knowledge, and institutional networking platform for the gaming industry in Latin America, had an outstanding participation at ICE Barcelona 2026 with a large delegation made up of its commercial, marketing, communications, and public relations teams, reaffirming the growing global interest in the Latin American and Caribbean markets.

Thursday 29 Jan 2026 / 12:00

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