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MGC Releases March GGR for Plainridge Park Casino and MGM Springfield

MGC Releases March GGR for Plainridge Park Casino and MGM SpringfieldReading Time: 1 minute

 

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.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: MGC Releases March GGR for Plainridge Park Casino and MGM Springfield

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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