The bill introduces new legal language focused on the reporting and taxation of gaming and sports wagering revenue from various establishments, including Encore Boston Harbor, MGM Springfield, and Plainridge Park Casino. It mandates detailed monthly reports on gross gaming revenue (GGR), slot hold percentages, payout percentages, and total taxes collected by the state from these casinos, covering the period from June 2019 to December 2024. The bill also specifies the distribution of collected taxes, including allocations for the race horse development fund, and emphasizes the financial impact of these gaming operations on state revenue.

In addition, the bill outlines the reporting requirements for sports wagering revenue, detailing the financial performance of operators such as DraftKings, FanDuel, and Caesars from March 2023 to December 2024. It establishes new tax rates of 20% and 15% for different categories of sports wagering, aiming to enhance transparency and accountability in the sector. The bill also includes a new insertion specifying a 15% rate of carryover for tickets settled, clarifying the taxation process. Overall, the legislation seeks to ensure accurate reporting and collection of tax revenues, reflecting the economic contributions of both gaming and sports wagering activities.