SPRINGFIELD — The three casinos within the state generated $84 million in gross gaming income in March, reflecting a rise of roughly $16.5 million from the prior month, based on the Massachusetts Gaming Fee.
The numerous enhance occurred regardless of persevering with restrictions within the casinos underneath the coronavirus pandemic.
Gross gaming revenues have steadily climbed in latest months at MGM Springfield, Encore Boston Harbor and Plainridge Park on line casino, based on experiences launched Thursday by the Gaming Fee.
In distinction, the three casinos had a complete of $67 million in gross gaming revenues in February, as in comparison with $58 million in January, based on the state Gaming Fee.
In March, MGM Springfield had $21,856,214 in gross gaming revenues, and Encore had $52,518,316, based on the fee. Plainridge Park has $11,700,531.
In February, MGM Springfield had roughly $16.9 million in gross gaming revenues, and Encore has roughly $41 million in gaming revenues. Plainridge Park had $9.6 million in gross gaming income.
The three casinos generated a complete of $24.3 million in state taxes in March, the fee reported.
The casinos had been shut down for 4 months final 12 months because of the coronavirus pandemic, reopening in July underneath COVID-19 restrictions and decreased revenues. In February, the taxes totaled $19.2 million.
In February of 2020 — a month previous to the pandemic — the three state casinos generated a complete of $86.1 million in gross gaming income. MGM Springfield at the moment generated $21.9 million.
The state Gaming Fee has taken steps aimed toward aiding the casinos in bringing again patrons and revenues, together with lifting the cap on occupancy from 25% to 40%. The casinos, nonetheless, have fallen far wanting that cap because the pandemic continues.
In mid-March, the fee voted to permit the return of craps video games on the casinos and to permit an extra seat at blackjack tables, up from three seats to a fourth seat, hoping to offer further play.
MGM Springfield and Encore, as Class 1 resort casinos, are taxed by the state at 25% of their gross gaming income.
Individually MGM pays annual taxes to the town of Springfield, together with different funding necessities underneath its host neighborhood settlement with the town.
Plainridge, as a Class 2 slots parlor, is taxed by the state at 49% of its gross gaming income. Of that quantity, 82% is paid to native help and 18% is allotted to the Race Horse Growth Fund.