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Since Plainridge opened in June 2015, Massachusetts has collected just shy of $1.29 billion from casino-style gambling and has averaged about $23.25 million in income each and every month considering that Encore opened in June 2019. Encore and MGM are every taxed at a rate of 25 % of gross gaming revenue and the cash collected is split into buckets, like local help, the Transportation Infrastructure Fund, and an education fund. For Encore, that meant a Check out the post right here state tax hit of just a lot more than $17.11 million last month. MGM Springfield's efficiency meant a state tax liability of almost $5.62 million. The December haul translated to $28,764,744.94 in state income — the highest month-to-month total on record, surpassing the earlier record of $28,626,223.98 set in March 2022.
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