MGC releases March 2023 casino and sports wagering revenue
Wednesday 19 de April 2023 / 12:00
⏱ 1 min read
(Massachusetts).- The Massachusetts Gaming Commission reported today that the month of March 2023 at Plainridge Park Casino (PPC), MGM Springfield (MGM) and Encore Boston Harbor (EBH) generated approximately $105 million in Gross Gaming Revenue (GGR).
Additionally, March saw the launch of online and mobile sports wagering at six Category 3 licensees on March 10, 2023. Approximately $47.06 million in taxable sports wagering revenue (TSWR) was generated across the six mobile/online licensees and the three in-person licensees for the month of March.
Gross Gaming Revenue (casino gaming)
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 $1.374 billion in total taxes and assessments from the casino operations of PPC, MGM and Encore since the respective openings of each gaming facility.
View comprehensive revenue reports for each gaming licensee here. MGC issues monthly revenue reports on the 15th of each month or next business day.
Categoría:Reports
Tags: Sin tags
País: United States
Región: North America
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