Sports betting generates US$ 4.55 M in tax revenue for Massachusetts in August
Monday 18 de September 2023 / 12:00
2 minutos de lectura
(Boston).- Bettors put nearly $315 million on the line in wagers on sporting events that took place last month, producing more than $22.7 million in taxable revenue for operators and about $4.55 million in tax revenue for the state.
The Mass. Gaming Commission said Friday that sports wagering and casino-style gambling combined in August to generate more than $120.6 million in taxable revenue for operators and $32.16 million in revenue for the state. Gambling at the state’s three casino-style facilities -- the Plainridge Park Casino slots parlor, MGM Springfield and Encore Boston Harbor -- was responsible for the great majority of both the operators’ revenue ($97.9 million or 81.2 percent) and the state’s tax take ($27.62 million or 85.8 percent).
There was $314.9 million wagered on approved sporting events that took place in August, up from a handle of $294.9 million in July but still down from the $332 million wagered on June events and the state’s high water mark of $568.2 million wagered on March events.
Almost all of the betting activity (97.6 percent) in August took place on the eight mobile or online platforms last month, the Gaming Commission said. Those companies were taxed on $22.55 million of the $23.3 million they counted in revenue. That generated state revenue of $4.51 million for the month.
The sportsbooks at the state’s three brick-and-mortar gaming centers took in about $177,200 in revenue from in-person sports wagering, about $157,780 of which was taxable. That spurred another $32,356 in tax revenue for the state last month.
On the casino side, Plainridge Park produced more than $13 million in gross gaming revenue, MGM Springfield generated about $23.5 million and Encore produced $61.3 million in revenue, the Gaming Commission said. That works out to $27.62 million in state tax revenue for the month.
To date, Massachusetts has collected $50.35 million in total taxes and assessments from sports wagering operations, which launched in January, and $1.515 billion in total taxes and assessments from casino operations, which launched in mid-2015.
Categoría:Sportsbook
Tags: Sports Betting, Sportsbook ,
País: United States
Región: North America
Event
G2E - Las Vegas 2025
06 de October 2025
Atlaslive Explored the Future of Gaming in Latin America at Recent G2E 2025
(Las Vegas, SoloAzar Exclusive).- Bruno Almeida, Head of Sales LATAM at Atlaslive, attended G2E for the first time to explore how land-based and online gaming are converging. His experience highlighted key trends shaping the Latin American market, from immersive casino innovations to strategic networking and regulatory insights.
Monday 27 Oct 2025 / 12:00
ASAP Américas at G2E: Logistics, Technology and Networking in Las Vegas
(Buenos Aires).- ASAP Américas’ participation in the Global Gaming Expo 2025 reaffirmed its commitment to international logistics and global trade. The company provides end-to-end solutions, from shipping specialized equipment to coordinating materials and exhibits for global events.
Friday 24 Oct 2025 / 12:00
Innovation and Strategy: Matthew Ferrara Shares Altenar’s Vision After G2E 2025
(Las Vegas, SoloAzar Exclusive).- Following G2E 2025, Altenar’s Sales Manager Matthew Ferrara discusses the key solutions the company showcased, how these reflect its evolving strategic priorities, and what’s next on the roadmap for the leading igaming software provider.
Friday 24 Oct 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.

