Massachusetts gaming tax revenues decline in July

Home » Massachusetts gaming tax revenues decline in July

Online sports betting in Massachusetts in July brought in US$5.7m in tax, down from $6.4m in June.

Handle for the online licensees also dropped month-on-month from $323.5m to $288.1m, which translated to a decrease in taxable gaming revenue to $28.8m.

However, the hold for online sports betting licensees improved slightly to 10.25 per cent from 10.15 per cent in June.

And retail sports betting in the Bay State improved, with tax revenues climbing from $23.1m in June to $86.4m in July.

Sticking with land-based activity, the Encore Boston Harbor, MGM Springfield and Plainridge Park casinos made $98.6m in combined slots and table games gross gaming revenue, leading to tax revenues of $28m.

For sports betting and casino gaming both land-based and online, though, combined taxable gaming revenue in July was $128.1m, down from $132.8m in June, with taxes also down to $33.8m from $34.7m in June.

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