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Plainville Casino Generates $88 Million In Taxes In 1st Year

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.

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.

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.

Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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