BOSTON — Revenue at the state’s two resort casinos and one slots parlor in August took a small step backward from the highs of July, with the three gaming centers generating about $92 million compared to $95.74 million the month before.
The Mass. Gaming Commission said Wednesday that the state’s share of August’s gaming revenue would be about $26.15 million, a slight decrease from the record $27 million in taxes and fees the casinos and slots generated for the state in July but still well above the monthly average of $21.84 million since all three facilities have been open.
Once again, Encore Boston Harbor led the way in August. The Everett casino reported $57.86 million in gross gaming revenue last month -- about $32.4 million from its slot machines and about $25.4 from its table games. That’s second only to the record-high $59.07 million in gaming revenue the casino generated in July. The state is due 25 percent of Encore’s gross gaming revenue, which for August works out to about $14.46 million for the state coffers.
MGM Springfield counted about $21.8 million in gaming revenue last month, with almost $17 million of it having been generated by the casino’s slots. The state’s one-quarter share of MGM Springfield’s August gaming revenue works out to about $5.45 million in taxes and fees.
Plainridge Park Casino followed up July, its best revenue month since the opening of Encore in 2019, with its second-best revenue month since the Everett casino opened. The Plainville slots parlor took in almost $180 million in wagers last month and kept $12.73 million of it as revenue -- meaning that 92.93 percent of wagers were returned to players as winnings, the most favorable payout percentage of any of the state’s three gambling centers.
Plainridge is taxed at a rate of 49 percent of its gaming revenue and the state can expect about $6.24 million in taxes and fees from the facility’s August performance. On Tuesday, Plainridge’s general manager estimated that the addition of 30 tables games at the slots-only facility, and idea that is being vetted on Beacon Hill, might generate between $1.5 million and $2 million in additional revenue each month.
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