Wynn Resorts has emerged as a significant opponent of a proposed expansion of gambling options in Massachusetts. In a recent letter to the state Legislature’s economic development committee, Wynn expressed strong opposition to a bill introduced by Representative David Muradian of Grafton. The bill aims to permit gamblers to use their phones to wager on games like poker and blackjack. Wynn Resorts argued that such a move could pose substantial economic risks, particularly to the 3,300 jobs at its Encore Boston Harbor casino, as online gambling, or “iGaming,” might lead to reduced revenue for physical casinos.
The letter, penned by Eileen McAnneny, executive director of government relations at Wynn, emphasized that mobile gambling presents a greater risk of addiction than traditional, in-person gambling. She noted that the ease of access and constant availability of mobile gaming could lead to increased gambling addiction rates, pointing out that mobile gambling is available wherever there is cell service. Moreover, McAnneny expressed concern about the optimistic tax revenue projections associated with iGaming. She warned that these forecasts do not fully account for potential declines in tax revenues from brick-and-mortar casino gaming, hotels, and restaurants.
Joining Wynn in opposition to the bill is the Retailers Association of Massachusetts, which has raised concerns about the potential adverse effects on local businesses. Labor unions are also against the proposal, citing evidence from other states where iGaming has resulted in job losses. They fear that similar outcomes could affect hundreds or even thousands of workers connected to Encore Boston Harbor, MGM Springfield, and Plainridge Park Casino.
The debate unfolds against the backdrop of a rapidly growing sports-betting industry, which has become a powerful lobbying force in Massachusetts. The Sports Betting Alliance, actively lobbying at Beacon Hill, has seen its lobbying expenditure rise significantly. In the first half of the year alone, the alliance spent $255,000, a substantial increase from $165,000 during the same period last year.
Not everyone agrees with Wynn’s perspective. In fact, supporters of iGaming argue that it could bring substantial benefits to Massachusetts. Seven states, including neighboring Connecticut and Rhode Island, have already legalized online gambling. DraftKings, a prominent player in the industry based in Massachusetts, is keen for the state to join this list. Rebecca London, DraftKings’ senior government affairs manager, highlighted that the company already employs over 1,300 people in Massachusetts. She suggested this number could grow significantly if iGaming is legalized.
London presented lawmakers with data suggesting that the proposed framework for online gambling, as outlined in Muradian’s bill, could generate between $170 million and $200 million annually in new state tax revenue. Furthermore, she pointed to another iGaming proposal sponsored by Senator Paul Feeney of Foxborough, which is currently under review and could potentially contribute as much as $275 million each year.
London also countered Wynn’s argument regarding the dangers of online gambling by suggesting that legalizing it could help mitigate the extensive black-market gambling that already exists in Massachusetts. With regulated platforms like DraftKings, consumers could benefit from safeguards such as support services for problem gamblers, a measure not available through illegal channels.
As the debate continues, Massachusetts finds itself at a crossroads, weighing the potential economic benefits of iGaming against the risks highlighted by opponents like Wynn Resorts. The decision could have significant implications not only for the state’s economy but also for its social fabric, as policymakers navigate the complex dynamics of modern gambling. There is a broader industry context to consider, as the gambling landscape continues to evolve with technology, and states grapple with how best to regulate and capitalize on these changes.
Critics of iGaming often cite concerns about problem gambling and the social costs associated with increased access to gambling opportunities. They argue that while potential tax revenues are appealing, the societal implications could be far-reaching. On the other hand, proponents believe that with the right regulatory framework, iGaming can be a safe and lucrative venture for the state, potentially providing a significant boost to state coffers while also offering legal protection to consumers. The conversation is far from over, as Massachusetts continues to deliberate on the future of gambling within its borders.
Garry Sputnim is a seasoned journalist and storyteller with over a decade of experience in the trenches of global news. With a keen eye for uncovering stories that resonate, Alex has reported from over 30 countries, bringing light to untold narratives and the human faces behind the headlines. Specializing in investigative journalism, Garry has a knack for technology and social justice issues, weaving compelling narratives that bridge tech and humanity. Outside the newsroom, Garry is an avid rock climber and podcast host, exploring stories of resilience and innovation.
