Pundits are optimistic about Massachusetts’s sports betting prospects following a two-day hearing and a letter from the state’s casinos. But should they be?
New England casino revenue fell in April, just after posting a terrific March. But concerns of a saturated market are high as Encore Boston Harbor opens.
March is historically a great month for New England casino revenue, and March 2019 certainly didn’t disappoint. That’s a good sign for the future.
The fifth sports betting bill in Massachusetts Legislature would inhibit wagering on college sports, including amateur sporting events
With the addition of MGM Springfield and Twin River Tiverton, the cannibalization concerns are being realized in the New England casino market.
Wynn Resorts and international betting operator BetBull have announced a partnership that will expand the US sports betting profile of each company.
While it will be up to the MA Gaming Commission’s regulatory investigation to decide, MA Governor Charlie Baker personally thinks Steve Wynn is not fit to hold a casino license.
Wynn Resorts’ Las Vegas footprint is growing again, with the company claiming a tremendous increase in profits thanks to recent tax cuts.
The Nevada marijuana laws are about to get more relaxed, but Las Vegas casinos are as strict as ever when it comes to cannabis.
The Northeast will soon be a very crowded casino market, and the casino that grabs customer share from these contested locales will likely prevail.