![]() “The Massachusetts Taxpayers Foundation predicts $294 million in gaming revenue for the state, overall, in fiscal 2020, which begins a week after Encore Boston opens.”įrom contaminated wasteland to mega (career) not job provider, with MASSIVE tax revenues. The construction and outfitting of the property has employed thousands of people, and the casino operators expect to hire as many as 5,500 full- and part-time workers.” ![]() “This casino is a big deal for local communities, too, with around $25 million expected to be paid to Everett each year, $2 million to Boston and lesser amounts to neighbors Malden, Medford, Chelsea, Somerville and Cambridge. That projection figures the casino will reap about $32.7 million per month in gross gambling revenue - an amount separate from room and meals taxes and payroll taxes from such a big enterprise.” State officials project $98 million of gambling tax revenue from Encore in the fiscal year beginning July 1, according to reporting by WBUR. “And now comes Encore Boston to seriously ramp up potential state tax revenue.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |