Gaming Commission Releases October Revenue for MGM Springfield, Plainridge
BOSTON — The Massachusetts Gaming Commission reported that the month of October at Plainridge Park Casino (PPC) and MGM Springfield generated approximately $35.8 million in gross gaming revenue (GGR).
MGM Springfield generated $14.623 million in revenue from slots and $7.6 million from table games. PPC, an all-slots facility, generated $13.5 million in revenue. MGM Springfield paid a total of $5.56 million in taxes on that revenue, while PPC paid $6.6 million, for a total of more than $12.2 million.
PPC, a category-2 slots facility, is taxed on 49% of GGR. Of that total taxed amount, 82% is paid to local aid, and 18% is allotted to the Race Horse Development Fund. MGM Springfield, a category-1 resort casino, is taxed on 25% of GGR; those monies are allocated to several specific state funds as determined by the gaming statute.
To date, the Commonwealth has collected approximately $285.5 million in total taxes and assessments from PPC and MGM since the respective openings of each gaming facility, the commission said.