The Massachusetts Gaming Commission's FY2024 Annual Report highlights the successful implementation of sports wagering, which has generated $116.69 million in additional revenue. The report details the operations of the Commission from July 1, 2023, to June 30, 2024, noting the presence of three fully licensed Category 1 operators and seven Category 3 operators under temporary licensure. It emphasizes the importance of responsible gaming initiatives, including partnerships with the Attorney General's Youth Sports Safety Coalition, and the Community Mitigation Fund, which awarded $18 million to communities impacted by casino construction. The report also outlines the financial performance of various gaming establishments, with a combined gross gaming revenue of $1.18 billion contributing $333.87 million in taxes to the Commonwealth.
The bill proposes several legislative actions to enhance the Commission's regulatory capabilities, including creating exemptions under the Massachusetts Public Records Law for sensitive information from licensees and clarifying the Commission's authority to share information with law enforcement. It also seeks to broaden the scope of the Community Mitigation Fund and introduces new legal language for enhanced reporting of employment and financial data related to the gaming industry. This includes quarterly averages for employment and vendor spending, with a focus on workforce diversity, particularly regarding women, minorities, and veterans. Overall, the bill aims to support community resilience, public safety, and responsible gaming practices across Massachusetts.