- Legal States
Velimir Velichkov October 19, 2022 3 min read
GGR for Massachusetts Casinos Hits $94M in September
The gambling regulator in Massachusetts, the Massachusetts Gaming Commission (MGC), released its latest report outlining the gambling revenue figures reported by licensed operators for September.
Gambling Regulator in Massachusetts Reveals September Figures
On Monday, the MGC revealed that the three venues, MGM Springfield, Encore Boston Harbor and Plainridge Park Casino, generated approximately $94 million in gross gaming revenue (GGR) last month. The $94 million in GGR reported in September marked a slight increase when compared to the GGR reported a month earlier, in August, when GGR halted at $92 million. However, a year-over-year comparison reveals strong growth. Last year in September, GGR reported by the three casinos in Massachusetts hit $89 million. Now, when compared to the result from last month, an increase of 5.6% is observed.
Casinos Contributed $26.5M in Taxes Last Month
Considering that GGR increased last month, taxes increased as well. In total, MGM Springfield, Encore Boston Harbor and Plainridge Park Casino paid $26.5 million in taxes to the state. When compared to the $25.9 million in taxes reported a month earlier, in August, a slight increase of 2.3% is observed. However, a year-over-year comparison shows that taxes this September increased by 5.6%, up from the $25.1 million in September 2021.
The MGC provided a breakdown of the $26.5 million in taxes, showing how much each of the three operators contributed. Encore Boston Harbor, as well as MGM Springfield, are both subject to 25% tax. Last month, Encore Boston Harbor contributed $15.4 million in taxes, while MGM Springfield paid $5.1 million. On the other hand, Plainridge Park Casino, subject to 49% taxes as a slots-only facility, contributed $5,977,790 in taxes last month.
Encore Boston Harbor GGR Leads in September
The gambling regulator provided a breakdown of the $94 million in GGR reported this September. Last month, Encore Boston Harbor reported the highest GGR, hitting $61.6 million. When compared to the $57.5 million reported in September 2021, this result marked a slight increase. A breakdown of that total showed that the venue’s table games GGR hit $28.6 million, while slots GGR hit $32.9 million.
The second-highest revenue was reported by MGM Springfield. The gambling venue’s GGR last month hit $20.6 million, up slightly when compared to the $19.4 million reported in September 2021. The total GGR reported by MGM Springfield this September translates to $16.4 million in GGR from slots and $4.2 million in GGR from table games.
Last but not least, slots-only venue Plainridge Park Casino reported a total of $12.2 million in GGR last month. This result marked an increase, considering that last year in September, the venue’s GGR halted at $11,997,219.