MGM Springfield Pulls In $9.5M From Gambling In First Week

Submitted by Guest on

Written by :

Guest

Published on :

Massachusetts gambling regulators are reporting MGM Springfield generated $9.5 million from gambling operations in its first week open.

The state Gaming Commission said in a revenue report Monday the casino earned $2.1 million in gross revenues from table games and $7.3 million from slot machines from its Aug. 24 opening to Aug. 31.

That translates to about $2.4 million in state revenues. Massachusetts assesses a 25 percent tax on the hotel, casino and entertainment complex's gambling revenues.

MGM Springfield President Michael Mathis says the figures reflect the casino's "tremendously successful" opening, where more than 150,000 people visited in the first weekend alone.

The state's other casino, Plainridge Park, meanwhile, generated $15.4 million in gambling revenues in August, of which the state collected $7.5 million from a 49 percent tax.

Start Your Own Online Sportsbook or Give Your Business the Boost it Needs

AcePerHead.com offers full management of your bookmaking business including providing a website for your clients to bet on with IN-PLAY wagering, an online casino, access to several dozen horse tracks and a whole host of prop and future bets, all for an afordable weekly cost per customer (per head)  LEARN MORE

Related Content

Vegas Matt Biopic Coming Soon: Banned From Venetian After Winning $400K Last Month

Vegas Matt Biopic Coming Soon: Banned From Venetian After Winning $400K Last Month

Filmmaker and comedian Mike Young's "The Chop" is described as a rags-to-riches drama inspired by the true story of Stephen Matt Morrow,, and his path to becoming an advantage slot player and gambling influencer with more than 1.6 million YouTube subscribers.
Pai Gow Poker Player Wins Over $1.1 Million at Rivers Casino Pittsburgh

Pai Gow Poker Player Wins Over $1.1 Million at Rivers Casino Pittsburgh

Rivers Casino says Tuesday’s jackpot is the second-largest Pai Gow payout at Rivers Casino in Pittsburgh.
Former Resorts World Las Vegas Compliance Director Claims Wrongful Termination After Raising Concerns Over Group of Gamblers

Former Resorts World Las Vegas Compliance Director Claims Wrongful Termination After Raising Concerns Over Group of Gamblers

Preston Banks’s federal complaint alleges wrongful termination under Nevada law and retaliation under the federal Anti-Money Laundering Act.
Hillsborough County Florida Man Hits $1,071,032.92 Jackpot on Dragon Link Autumn Moon Slot

Hillsborough County Florida Man Hits $1,071,032.92 Jackpot on Dragon Link Autumn Moon Slot

The guest won the jackpot while playing a Dragon Link Autumn Moon slot machine by Aristocrat Gaming with a $150 bet on a $2 denomination.