The bill provides a comprehensive overview of tax revenue generated from gaming operations at Encore Boston Harbor, MGM Springfield, and Plainridge Park Casino from June 2019 to February 2025. It details financial metrics such as total coin in, gross gaming revenue (GGR), slot hold percentage, payout percentage, and state taxes collected from both slots and table games. The cumulative GGR taxes collected from these casinos amount to approximately $25.25 billion from Encore Boston Harbor, $14.74 billion from MGM Springfield, and additional figures from Plainridge Park Casino. The bill also introduces new legal language regarding the distribution of these taxes, specifying a 40% allocation for state taxes and a 9% allocation for the race horse development fund.

Furthermore, the bill addresses the reporting and taxation of sports wagering revenue, detailing monthly financial performance for various gaming establishments, including Plainridge Park, BetMGM, DraftKings, and others from March 2023 through April 2025. It establishes a carry-over rate of 15% for certain operators and 20% for others, impacting how losses and winnings are reported and taxed. The total revenue generated from sports wagering across all operators is reported to exceed $7.5 billion in handle and approximately $738 million in taxable winnings. The bill emphasizes the importance of accurate reporting and compliance with tax obligations, aiming to enhance transparency and accountability in the sports wagering sector while providing a clearer understanding of its economic impact.