A pro-casino report was issued today by the Center for Policy Analysis (CFPA) at the University of Massachusetts at Dartmouth, highlighting the $968.3 million spent by Massachusetts residents at New England’s resort casinos and racinos last year. The 2009 figure is a 5.3 percent increase over 2008.
Click here to read the full report (via Banker & Tradesman).
“Massachusetts residents comprise 36 percent of Foxwoods, 19 percent of Mohegan Sun, 48 percent of Twin River, 45 percent of Newport Grand, and one percent of Maine’s Hollywood Slots’ patrons, respectively. They are the Connecticut resort casinos and Rhode Island racinos’ largest out-of-state customer base, and make more visitations to Foxwoods – 3.7 million annually – than residents of Connecticut.”
“Foxwoods & Mohegan Sun generated $362 million in 2009 tax revenue for the State of Connecticut. CFPA Director Clyde W. Barrow said Massachusetts spending at the resort casinos and racinos “is a consistent and sustaining revenue generating, job-creating and tourism and hospitality incubator for Connecticut and Rhode Island.”