The bill introduces new legal language that enhances the reporting and taxation framework for gaming and sports wagering revenue in Massachusetts. It specifies detailed monthly financial data for casinos such as Encore Boston Harbor, MGM Springfield, and Plainridge Park Casino, including metrics like Gross Gaming Revenue (GGR), coin-in amounts, hold percentages, and payout percentages. The bill establishes tax rates of 40% for slot machine revenue and 15% for sports wagering revenue, while also outlining the allocation of state taxes. This comprehensive approach aims to improve transparency and accountability in the financial performance of these gaming establishments, allowing for better tracking of their economic impact on state finances.

Additionally, the bill addresses the reporting of sports wagering revenue from various operators, including BetMGM, FanDuel, and DraftKings, detailing metrics such as retail tax, monthly handle, and federal excise tax. It introduces specific carryover rates for certain operators, which will influence revenue calculations. By providing a thorough overview of the financial landscape of sports betting, the bill aims to ensure effective regulatory oversight and fiscal planning, ultimately enhancing the state's ability to manage and benefit from gaming activities.