Gambling in the USA

MGC publishes February GGR for Plainridge Park Casino and MGM Springfield

Published

6 years ago

March 18, 2019

Niji Narayan

MGC publishes February GGR for Plainridge Park Casino and MGM Springfield

Photo Source: playma.com

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The Massachusetts Gaming Commission (MGC) has released the financial results of Plainridge Park Casino (PPC) and MGM Springfield for February 2019. The overall Gross Gaming Revenue (GGR) is $34 million.

PPC, a category 2 slots facility, is taxed on 49 per cent of GGR. From the tax, 82 per cent is paid to Local Aid and 18 per cent is allotted to the Race Horse Development Fund. MGM Springfield, a category 1 resort-casino, is taxed on 25 per cent of GGR; those monies are allocated to several specific state funds as determined by the gaming statute.

To date, the Commonwealth has collected approximately $332 million in total taxes and assessments from PPC and MGM since the respective openings of each gaming facility. View comprehensive revenue reports for each gaming licensee here.

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Niji Narayan

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.