MGM Springfield generated more than $21M in gaming revenue in May
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SPRINGFIELD, Mass. (WWLP) – MGM Springfield generated more than $21 million in gross gaming revenue for the month of May.
According to the Massachusetts Gaming Commission, $17,113,181 was generated through slots and $4,039,067 was generated through table games.
As a category 1 resort-casino, MGM Springfield is taxed on 25 percent of gross gaming revenue. That money is shared with several specific state funds. The largest portion of the money goes to local aid to cities and towns, followed by transportation and infrastructure, and then education. May’s taxes amounted to $5,288,062.
Altogether, Massachusetts’ three casinos– MGM, Plainridge Park Casino, and Encore Boston– generated approximately $25 million in tax revenue in May.
Approximately $1.101 billion in total taxes and assessments from the casinos in Massachusetts have been collected since the opening of each gaming facility.
