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MGC Releases March GGR for Plainridge Park Casino and MGM Springfield

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6 years ago

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MGC Releases March GGR for Plainridge Park Casino and MGM Springfield
Photo Source: tripadvisor.ca
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The Massachusetts Gaming Commission has reported that the Plainridge Park Casino and MGM Springfield generated approximately $42 million gross gaming revenue in March. 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; this amount is allocated to several specific state funds as determined by the gaming statute.

To date, the Commonwealth has collected approximately $346 million in total taxes and assessments from PPC and MGM since the respective openings of each gaming facility.

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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