More than $92 million in gaming revenue was collected in August at the state’s three licensed casinos, the state’s gaming commission announced Wednesday.
Massachusetts casinos net $26M in tax revenue gazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gazette.com Daily Mail and Mail on Sunday newspapers.
Gaming Commission Reports June Revenues; MGM s Numbers Down from May businesswest.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesswest.com Daily Mail and Mail on Sunday newspapers.
Charles Chieppo and Jamie Gass
Guest Columnist
In a republic based on the consent of the governed, there is a strong public interest in having an educated citizenry. Yet here in Massachusetts, the cradle of public schooling in America where the state constitution directs us to “cherish” education, we seem to dole out incentives for just about everything except education.
Consider the Race Horse Development Fund. Since 2014 the commonwealth has spent nearly $80 million to subsidize a horse racing industry that’s dying from the increasing availability of other forms of gambling. Since most of the fund’s money comes from a tax on Plainridge Park Casino revenue, it amounts to a transfer from gamblers who tend to be low income to wealthy race horse owners.