Home Gambling Gambling revenues continue to rise at Massachusetts casinos

Gambling revenues continue to rise at Massachusetts casinos


BOSTON (AP) – The Massachusetts casino industry continues to rebound after being shut down in the early months of the coronavirus pandemic.

The State Gambling Commission reported this week that the state’s three casinos – Plainridge Park, MGM Springfield and Encore Boston Harbor – generated nearly $ 87 million in gambling revenue in May, which s’ is translated into approximately $ 25 million in state taxes. This is an increase from the gross gaming revenue of roughly $ 85 million reported by facilities in April.

Massachusetts imposes a 25% tax on gambling revenues on MGM and Encore and 49% on Plainridge Park, which is a slot machine show and harness racing track in Plainville.

Encore, which is located in the Everett suburb of Boston, led the way with $ 53 million in revenue for the month, followed by MGM, which posted $ 21 million. Plainridge Park grossed around $ 12.5 million in gaming revenue in May.

Facilities were closed last spring as the pandemic set in, but capacity limits and other state restrictions have eased as Massachusetts slowly emerges from the public health crisis and more people fall into place. get vaccinated.

Casinos operated under a number of federal restrictions until late last month, when the state lifted its remaining regulations that aimed to slow the spread of COVID-19 over Memorial Day weekend.