Plainridge casino gambling revenue drops to $12.6 million for September
BOSTON, Mass. — Plainridge Park Casino saw revenue drop again in September as results at the Bay State's first gambling hall continue falling since its opening.
The venue located in nearby Plainville, Mass., is the first gambling hall to open in Massachusetts since the state passed its landmark 2011 casino legislation. The bill allowed for three full casinos and one slots parlor.
Penn National Gaming won the rights to the slots license. The Pennsylvania company bought the harness racetrack in Plainville and expanded it to include 1,250 video lottery terminals -- the equipment that replaced old-fashioned slot machines colloquially known as "one-armed bandit."
Opened to much fanfare in late June, Plainridge Park has nonetheless seen its "gross gaming revenue" drop each month since.
The venue generated $18.1-million gross revenue in July, $15.2 million in August and $12.6 million in September.
The September results are about 17 percent lower than the previous month's tally.
The venue turns over 49 percent of its monthly gross revenue to Massachusetts. In September, Plainridge sent $6.2 million to the state in taxes and "race horse assessments."