The Massachusetts Gaming Commission released the February 2017 reports for gross gaming revenues of the Plainridge Park Casino late last week, which showed the facility earning just over $12 million for the month. The facility is a category 2 slots parlor that is taxed at 49% on gross gaming revenues.
For the month of February, the casino was able to generate a total of $12,063,562.52 in gross gaming revenues. In total for the month, the casino took in $146,254,221.04 of which they are allowed to keep 8.25%. 49% of the gross gaming revenues are taxed by the state with 82% of that amount going towards Local Aid and 18% set aside for the Race Horse Development Fund.
Since Plainridge Park Casino opened in June 2015, the state taxes paid along with race horse assessment amounts have come to $131,066,421.37, according to the Massachusetts Gaming Commission. The casino could bring in even more revenues each month once planned updates are complete at the venue. Plainridge Park has been approved by the Commission to update the property including replacing slot machines on the gaming floor.
Plainridge Park Casino is located at the Plainridge Race Course in Plainville, Massachusetts. The casino was approved for licensing in early 2014 and opened by June 2015. Just before the casino opened, live harness racing began at the Penn National Gaming race track in April.