SPRINGFIELD, MA., LEDYARD: While the Connecticut and now Massachusetts casinos go head to head, the tax coffers of both states remain big winners.
The newly opened [August 24] MGM Casino in Springfield reported $9,456,976.90 in gross gaming revenue in the month of August.
Slot machines generated the overwhelming share of the take, with $7,347,491.15 in revenues while table games generated $2,109,485.75. MGM reportedly drew 150,000 visitors during its first three days and Massachusetts reported it earned $2,364,244. in taxes for its take.
Meanwhile in Ledyard the Mohegan Sun and Foxwoods Casino reported dips in slot revenue.
The Mohegan Sun had a total handle of $635,537,318 from 4,586 slot machines, down 1.3%. Foxwoods had a larger decline, 2.7% to $518,942,633 from 4158 machines.
MGM has 2,500 slot machines, 93 gaming tables and 23 poker tables.
The combined Connecticut casino haul was nearly $95 million in slot-machine revenue in August, with the state of Connecticut picking up nearly $24 million from the slot take.
The Massachusetts casino, is taxed on 25 percent of its gross gaming revenue, while Connecticut receives 24% of the slot machine take.
MGM also pays the city of Springfield approximately $17.6 million annually in lieu of taxes.