Massachusetts Gambling Facilities Generate $24.3M Tax Revenue For August

Massachusetts Gambling Facilities Generate $24.3M Tax Revenue For August

Three of the Massachusetts gambling facilities have contributed $24.3 million in tax revenues for the month of August.

According to the figures released by the Massachusetts Gaming Commission on Monday, the three gambling facilities operational in the state grossed about $86 million in revenue in August.

The newly opened Wynn Resorts’ Encore Boston Harbor Casino grossed $52.5 million for August. During the first full month of operations in July, the casino generated about $48.57 million. Encore Boston harbor posted a moderate 8 percent month-over-month increase in revenue.

Table games contributed about 50 percent of the total revenue at Encore Boston Harbor Casino.

Wynn’s Ecore Boston Harbor began welcoming guests from June 23 and in the very first week of operations, the casino had grossed $16.7 million in revenue. It paid $4.1 million to the state in tax revenue for the revenues generated between June 23 and June 30.

Another casino, MGM Springfield, picked $20.96 million in total monthly revenue which is about $500,000 more than what the gambling venue generated in July.

The two casinos in the state contributed about $18.36 million in tax revenue for August.

The revenue at slots-only Plainridge Park Casino in Plainville dropped from $12.5 million in July to $12.08 million in August.

Earlier this year in May, the Massachusetts Gaming Commission slapped a fine of $100,000 on MGM’s Springfield casino. The gambling regulator had found 22 cases where minors were allowed on the gaming floor at the venue. The cases were recorded in the first two months of the after the operations began at MGM’s only casino resort in the state.

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