Massachusetts Casino Revenue Shows Slight Uptick In June
Massachusetts’ three brick-and-mortar casinos generated $93.1 million in Gross Gaming Revenue (GGR) in June, the Massachusetts Gaming Commission reported.
The month’s GGR produced more than $26.1 million in tax revenue for the commonwealth. Online casinos are not legal in Massachusetts.
June’s GGR was about 2.4% higher than May ($90.9 million) and tax revenue was up 2.7% from May to June.
Encore Boston Harbor
Encore Boston Harbor, one of two class 1 resort casinos in Massachusetts, reported $60.1 million in GGR in June. The casino’s slots generated $31.5 million in gross revenue, and table games were responsible for $28.6 million in revenue.
Taxed at 25%, Encore Boston Harbor paid $15 million in taxes in June after paying $14.5 million in May.
The casino’s revenue increased 3.6% from May ($58 million) to June. Encore Boston Harbor’s June GGR was $7.5 million higher than June 2021.
Encore Boston Harbor’s GGR over the past six months:
- June: $60.1 million
- May: $58 million
- April: $63.7 million
- March: $64.9 million
- February: $54.7 million
- January: $54 million
MGM Springfield
Massachusetts’ other class 1 resort casino, MGM Springfield, produced $21.1 million GGR in June; slots checked in at $16.9 million in revenue and table games were at $4.2 million.
MGM Springfield paid $5.3 million in state taxes; the casino’s tax bill also was $5.3 million in May.
Revenue at the casino remained relatively flat from May ($21.2 million) to June. MGM Springfield’s June GGR was $939,000 higher than June 2021.
MGM Springfield’s GGR over the past six months:
- June: $21.1 million
- May: $21.2 million
- April: $22.5 million
- March: $24.3 million
- February: $19.9 million
- January: $18.6 million
Plainridge Park Casino
Plainridge Park, the state’s only category 2 slots-only facility, reported $12 million in June, up 2.6% from May ($11.7 million). The casino paid $5.9 million in state taxes and to the Race Horse Development Fund (RHDF) in June after paying $5.7 million in May.
As a category 2 facility, Plainridge Park is taxed at a rate of 49%, and 18% of that tax money goes to the RHDF. Plainridge Park also hosts harness races.
Plainridge Park’s GGR over the past six month:
- June: $12 million
- May: $11.7 million
- April: $12.9 million
- March: $12.9 million
- February: $11 million
- January: $9.8 million
How is casino tax money used?
Massachusetts has collected $1.127 billion to date in gambling taxes and assessments from the three casinos. The revenue funds:
- Local aid
- The Transportation Infrastructure Fund
- Community mitigation initiatives
- Debt
- The Education Fund
- The Public Health Trust Fund
- The Local Capital Improvements Fund
- The Race Horse Development Fund
- The Massachusetts Cultural Council
- The Massachusetts Tourism Fund