News & updates
The Massachusetts Gaming Commission Releases March 2017 Gross Gaming Revenue for Plainridge Park Casino
- Apr 18, 2017
The Massachusetts Gaming Commission (MGC) reported today that the month of March 2017 at Plainridge Park Casino generated $14,179,600.25 in Gross Gaming Revenue (GGR). The category 2 slots-parlor is taxed on 49% of gross gaming revenue, of that total taxed amount 82% is paid to Local Aid and 18% goes to the Race Horse Development Fund. To date, the state has collected $138,014,425.49 in total state taxes and race horse assessments from Plainridge Park Casino since its June 24, 2015 opening.
Banking on Shared Values: MGC Selects Eastern Bank as Its Primary Financial Institution in Recognition of a Shared Commitment to Diversity & Inclusion
- Apr 13, 2017
Today the Massachusetts Gaming Commission (MGC) is pleased to announce that it has selected Eastern Bank as its primary financial institution in support of the bank’s demonstrated commitment to diversity and inclusion. MGC will transition its depository banking operations to Eastern Bank; this includes daily taxes on Gross Gaming Revenue (GGR), all casino licensing fees, all horse racing fees associated with wagers on races, and annual assessments on casino licensees.
A Request for Public Comment: Background investigation requirements for outside directors of casino licensees
- Apr 22, 2017
The Massachusetts Gaming Commission is seeking public comment on background investigation requirements for outside directors of casino licensees. In a recent public meeting, the Commission had a discussion about how other jurisdictions handle the issue of whether or not outside directors of casino licensee companies are subject to qualification. Here is a chart outlining how […]
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