The Massachusetts Gaming Commission (MGC) reported today that the month of July 2015 at Plainridge Park Casino has generated $18,155,783.86 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.

For more information on July’s revenue numbers, see this chart.  MGC will continue to post monthly revenue reports to its website MassGaming.com. The information will be available in the Revenue section and posted approximately the 15^th of each month.

It is anticipated that Plainridge Park Casino will generate approximately $200 million of Gross Gaming Revenues in the first full year of operations, which would translate to approximately $98 million in revenues to the Commonwealth. Slot machine payouts are controlled by software and mandated by Commission regulation to have a minimum theoretical payout of 80 percent over the cycle of the game.

About Plainridge Park Casino

Opened to the public on June 24, 2015, Plainridge Park Casino is a $250 million dollar integrated racing and gaming facility that includes the only live harness-racing track in Plainville, Massachusetts. The gaming area features 1,250 of the latest slot machines, video poker, video blackjack, and more. The state’s single slots-only facility will generate approximately 500 permanent jobs and 1000 construction-related jobs. During its construction phase, Plainridge Park Casino exceeded their own diversity goals by awarding contracts of about $29 million to Minority, Women and Veteran owned businesses (out of $91.4 million total contracts awarded). It is anticipated that Plainridge Park Casino will generate approximately $200 million of Gross Gaming Revenues in the first full year of operations, which would translate to approximately $98 million in revenues to the State.

About MassGaming

The mission of the Massachusetts Gaming Commission is to create a fair, transparent, and participatory process for implementing the expanded gaming law passed by the Legislature and signed by the Governor in November, 2011. In creating that process, the Commission will strive to ensure that its decision-making and regulatory systems engender the confidence of the public and participants, and that they provide the greatest possible economic development benefits and revenues to the people of the Commonwealth, reduce to the maximum extent possible the potentially negative or unintended consequences of the new legislation, and allow an appropriate return on investment for gaming providers that assures the operation of casino-resorts of the highest quality. For more information on MGC, please visit MassGaming.com or connect and share on Twitter (@MassGamingComm) or Facebook www.facebook.com/MAGamingComm.