PLAINVILLE (AP) — The first and so far the only casino in Massachusetts collected nearly $180 million in gambling revenues in its first year of operation.
The Massachusetts Gaming Commission reported Monday that Plainridge Park’s revenues resulted in more than $88 million in state revenues from taxes and other assessments.READ MORE: DA: Woman Arrested In South Shore Plaza Murder, Shooter Remains At-Large
The state initially projected about $105 million in gambling taxes from the Plainville slots parlor and harness racing track, but those projections were lowered to about $83 million.
Monthly revenues have remained at around $11 to $13 million.READ MORE: 2 Firefighters Injured At Laundromat Fire In Dorchester
The facility, which opened June 24, 2015, is taxed on 49 percent of its gross gambling revenue, of which 82 percent goes to the state and 18 percent to a fund subsidizing the horse racing industry.
Casino officials didn’t immediately comment and the commission declined comment.MORE NEWS: Nor'easter Likely To Bring More Than 2 Feet Of Snow, Blizzard Conditions Saturday
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