Home Posts tagged GGR
Daily News

The Massachusetts Gaming Commission reported today that the month of June 2021 at MGM Springfield, Plainridge Park Casino (PPC), and Encore Boston Harbor generated approximately $84 million in Gross Gaming Revenue (GGR) for the Commonwealth.

Breaking down the numbers, MGM Springfield generated $16.53 million in slot GGR and $3.67 million in table game GGR, for a total of $20.2 million, which netted $5.05 million in taxes. These numbers are down from May, when the casino generated $17.23 million in slot GGR and $4.02 million in table GGR, for a total of $21.25 million. But the numbers are slightly better than June of 2019 (the casino was closed to the pandemic during that month last year), when MGM Springfield generated $14.7 million in slot GGR and $5.3 in table GGR for a total of $19.9 million in total GGR.

This June, Encore generated $29.35 million, and $23.2 million, respectively, for a total of $52.56 million in GGR and $13.2 million in taxes, while PPC generated $11.3 million in slots GGR and $5.45 million in taxes.

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 and Encore Boston Harbor, category 1 resort-casinos, are 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 $816 million in total taxes and assessments from PPC, MGM and Encore since the respective openings of each gaming facility.