Encore Casino Brought in $16.8 Million in 1st Week, Mass. Gambling Authority Says - NECN
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Encore Casino Brought in $16.8 Million in 1st Week, Mass. Gambling Authority Says

The Boston-area casino's revenue was close to MGM Springfield's for the entire month

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    Encore Casino Brought in $16.8 Million in 1st Week, Mass. Gambling Authority Says

    The new Encore Boston Harbor casino raked in nearly $16.8 million in gambling revenue and paid $4.2 million in state taxes in its first week of operation.

    That's according to figures released Monday by the Massachusetts Gaming Commission.

    The Boston-area's first resort casino opened its doors on June 23. During its highly-publicized first week of operation, the Wynn Resorts-owned facility in Everett reported approximately $9.1 million in revenues from slot machines and $7.7 million from table games.

    MGM Springfield, the state's first resort casino which opened last August, reported just under $20 million in total gambling revenues for the entire month of June.

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    The slots-only Plainridge Park Casino took in $13.5 million in June.

    In all, Massachusetts received more than $15.8 million in casino taxes last month.

    According to the gaming commission, 20 percent of the revenue will go to local aid. Fourteen percent will go to an education fund, 10 percent will head to the rainy day fund and 9.5 percent will go to the gaming economic development fund.

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