Massachusetts Casinos Report Total Revenue of $96 Million in October

Author: Live Casino Direct
 
Massachusetts Casinos Report Total Revenue of $96 Million in October
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MGM Springfield recorded a $2 million increase in October's gross gaming revenue compared to September. Massachusetts Casinos Report Total Revenue of $96 million in the month.

MGM Springfield recorded a total GGR of $21.4 million from table games and slots for the month of October. Encore Boston Harbor recorded $62.8 million in October GBR. Plainridge Park recorded only $11.7 million. Massachusetts Casinos Report Total Revenue of $96 million for October, up from $89 million September.

Massachusetts Casinos Report Total Revenue of $96 million in October. The October taxes amounted to $26.8 million. Encore Boston Harbor and MGM Springfield are Category 1 casinos, so they pay 25% taxes on their GGR. Plainridge Park is a Category 2 casino, and its G GR tax is 49%. The received tax money is allocated to state funds.

Massachusetts Casinos Report Total Revenue of $96 million in October. Massachusetts Could Legalize Sports Betting By The End of 2021. Senator Eric Lesser’s sports betting bill forbids betting on college events, while the House sports betting proposal H3993 will allow it.