In a report published Wednesday, the Massachusetts Taxpayers Foundation said the state is "essentially on pace"to collect its anticipated $138 million in gaming revenue this fiscal year and can expect to collect $294 million in fiscal year 2020, which will begin about a week after Encore Boston Harbor's anticipated opening date. More than a third of that revenue — $107 million in fiscal 2020 — will go to cities and towns as local aid. Gaming revenue will account for nine percent of all unrestricted local aid, MTF said.
May 01, 2019
FY 2020
Jobs, local aid set to flow from Everett casino
In a report published Wednesday, the Massachusetts Taxpayers Foundation said the state is "essentially on pace"to collect its anticipated $138 million in gaming revenue this fiscal year and can expect to collect $294 million in fiscal year 2020, which will begin about a week after Encore Boston Harbor's anticipated opening date. More than a third of that revenue — $107 million in fiscal 2020 — will go to cities and towns as local aid. Gaming revenue will account for nine percent of all unrestricted local aid, MTF said.
