THE EVERETT ADVOCATE – Friday, July 19, 2019 Page 13 ENCORE | FROM PAGE 1 ly revenue roundup. The casino’s 242 table games brought in another $7.67 million in revenue for Encore between its June 23 grand opening and the end of June. Last week Encore Boston Harbor officials touted the Everett facility’s smooth opening and said everything is operating well at the $2.6 billion resort gambling palace. Encore Boston Harbor President Robert DeSalvio told WGBH in an interview this past week that it’s “way too early to tell” whether Encore Boston Harbor will meet its expectation of $800 million in annual revenue. The first week-plus of action at the Greater Boston resort casino generated about $4.2 million in tax revenue for the state, but coincided with the second-worst month on record for the state’s first full-scale casino, MGM Springfield. While Encore Boston Harbor counted $16.79 million in revenue in eight days, MGM Springfield took in just more than $19.95 million in revenue over the full month of June. Month June 23-30 2019 TOTAL Tax Revenue Encore Boston Harbor Coin In $93,503,071.70 $93,503,071.70 At MGM last month, gamblers paid $174.75 million into slot machines for $14.7 million in revenue for the casino. In June MGM’s slots machines paid out better than Encore’s, a 91.59 percent return vs. a 90.25 percent return. With $5.26 million in revenue from table games, June represented MGM’s worst revenue month since January ($19.7 million). June was the second full month since MGM’s opening that MGM did not have at least $21 million from gaming. Massachusetts will receive about $4.99 million in taxes from MGM’s June revenues. Combined, the two full-scale casinos in Massachusetts, Encore and MGM, generated about $9.19 million in tax revenue for the state. (The fullscale casinos have a tax rate Slot GGR $9,118,170.27 $9,118,170.27 of 25 percent of gross gaming revenue.) Plainridge Park Casino’s slots parlor reported $13.5 million in June revenue and a slots payout of 92.24 percent, the best rate in the state. The state will receive more than $5.42 million of Plainridge’s June revenue as taxes intended for local aid – also $1.22 million for the Race Horse Development Fund. According to MGC, that means a total tax of about $6.64 million last month. According to MGC, MassaSlot Hold % Slot Payout % 9.75% 90.25% Table GGR $7,671,773.61 $7,671,773.61 chusetts has obtained about $387 million in revenue from the three gambling facilities. Boston Herald: Connecticut reports slots revenue down As reported in the Boston Herald this week, Connecticut slots revenues at Mohegan Sun and Foxwoods were down for the 12th consecutive month in June, blamed on new regional competition, according to the story. Foxwoods Resort Casino reportTotal Slot and Table GGR $16,789,943.88 $16,789,943.88 Total (25%) in collected state taxes $4,197,485.97 $4,197,485.97 ed $35.3 million in slot machine revenue in June, approximately 12% less than the $40.1 million it made in June 2018. Mohegan Sun made $46.9 million last month, down from $49.4 million in June 2018. For fiscal 2019, the state’s charge was down $225 million, down 6% from the previous fiscal year. Connecticut government officials anticipate a drop of $221 million by 2020, as Encore Boston Harbor becomes more established, according to the Herald. Jan. 1, 1942: On the 15th play of a muddy game, Fordham’s Alex Santilli from Everett, smashed through the Missouri Tiger line and blocked a punt resulting in a safety to give Fordham a 2-0 victory in the Sugar Bowl. Jan. 2, 1893: President of the Common Council. Jan. 3, 1964: Col. Barbara Bishop of Everett assumes her duties as Director of Women Marines. Jan. 5, 1946: of Everett is awarded the British Empire Medal for her service in the Women’s Royal Canadian Navy Service during WWII. Jan. 6, 1902: Alderman Robert Jenkins dies while delivering his acceptance speech as President of the Board of Aldermen. Jan. 7, 1893: child born in the “City” of Everett. with permission from a book written by retired Everett City Clerk Michael Matarazzo. Enjoy! Weekly Series brought to you by F.J. LaRovere Insurance Agency 492 Broadway, Everett * 617-387-9700 Check out our new website: www.larovere.com BRING YOUR BUG SPRAY, CHAIRS & BLANKETS AND ENJOY PRE-MOVIE ENTERTAINMENT POPCORN & REFRESHMENTS! THE MOVIE WILL BEGIN AT APPROX. 8:15 PM **POPCORN WILL BE SERVED PRIOR TO START OF MOVIE AND WILL FINISH A HALF HOUR INTO THE MOVIE** MAYOR CARLO DEMARIA & THE CITY OF EVERETT PRESENTS:
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