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Massachusetts Hits $1B Threshold from Casino Tax Collection

Author: Live Casino Direct
 
Massachusetts Hits $1B Threshold from Casino Tax Collection

Massachusetts has collected over $1 billion in taxes and assessments from its casino and slots parlor industry. February was a good month for the state, with Plainridge Park Casino, Encore Boston Harbor, and MGM Springfield pulling in $86 million in gross gaming revenue.

Massachusetts has crossed the $1 billion threshold from its gambling tax collection. Encore and MGM are taxed at 25%, while Plainridge Park is taxed 49%.   in the meantime, the state has benefited over the past decade from the gambling revenue.

Massachusetts has collected over $1 billion in total taxes and assessments from casinos operating in Massachusetts. The revenue has and continues to benefit the Massachusetts economy.

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