MGM Springfield Spins Off $2.36M in Taxes in First Week
In the first nine days that it was open, gamblers lost almost $10 million to the first full-scale casino to open under Massachusetts’ 2011 expanded gaming law.
State Savings, Spending to Get Lift from $1.2B Revenue Surplus
Projecting that state tax collections will surpass estimates for the year that just ended by $1.2 billion, the Baker administration is forecasting a surplus of $150 million to $200 million in funds that are not yet earmarked for any purpose and signaling to the Legislature that it may have up to $200 million in additional money to play with for the fiscal 2019 budget that is nearly a week overdue.
Massachusetts Tax Collection for January Exceeds Expectations
Massachusetts tax collections for January have come in above expectations.
