Massachusetts Asks Casinos to Be More Transparent

Massachusetts Asks Casinos to Be More Transparent

Casino Gambling

In Nevada, the Gaming Control Boards releases a gaming win report each month. However, it doesn’t show how much each casino makes. Yet, other states have different rules. For instance, Massachusetts asks casinos to be more transparent.

Unlike Nevada, Massachusetts requires casino operators to prepare a quarterly report showing how much each casino won for slot machines and table games. Also, the state requires casinos to publish how much tax they paid.

Last week, Encore Boston Harbor released its quarterly report. It showed an insight into how they operate. Also, it gave a perspective of its casino operations. In the three months that ended September 30, Encore Boston Harbor had total gross gaming revenue of $112.3 million. It included $63 million from slots and $49.2 million from table games.

Massachusetts Asks Casinos for More Transparency

Massachusetts Asks Casinos to Be More TransparentAccording to a sports forum, the earnings report included a shortened July because casinos remained closed until July 10. Revenue from August and September saw an almost even split between slot machines and table games.

Wynn Resorts, the operator of Encore Boston Harbor, paid $28.1 million in taxes. According to VOBET online casino, the state’s tad rate for casinos is 25 percent. Also, the state requires the operator to support three categories of diversity each year. During the third quarter, the casino operator spent $3 million on the initiative based on a gambling blog report.

The state also requires the casino to report its success in keeping minors out of the gambling floor. In the quarter, Encore Boston Harbor stopped eight children from playing on the casino floor. They also caught two minors while playing table games. Two other juveniles were seen at the slots.

On the downside, sports betting is still not legal in Massachusetts. Thus, they can offer Incheon Electroland Elephants betting, as well as wagers on other KBL games.

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