Our Commonwealth needs another revenue stream to rejuvenate and expand our economy – without raising taxes
The Massachusetts State Lottery is the most successful state lottery in the nation, generating sales of $4.5 billion a year—the highest per capita in the country. The lottery has passed its growth stage, however—annual growth in recent years has been
Read more
Posted in: Taxes
Casinos can help
State treasuries share in gaming revenues through a gaming tax, and in non-gaming revenues through hotel, sales and excise taxes. In addition, state and local governments may collect property, income, hotel, payroll, and personal property taxes from entertainment complexes, as
Read more
Posted in: Taxes
Boston Chamber of Commerce: Casino Gaming in Massachusetts
This report was commissioned to examine the potential gross gaming revenues, new jobs created and the socioeconomic impacts associated with the legalization of casino gambling. The report found that a significant portion of Massachusetts casino revenues would come from recovering
Read more
UMass Dartmouth Center for Policy Analysis: New England Casino Gaming
This is a New England patron origin and fiscal impact analysis for Foxwoods Resort Casino and Mohegan Sun Casino in Connecticut; Twin River and Newport Grand in Rhode Island; and Hollywood Slots in Bangor, Maine. The purpose of the 2009
Read more