Clyde Barrow

   Relative calm has returned to the burgeoning casino industry in Massachusetts after a week of uncertainty.  It was triggered by word that MGM Resorts International and Wynn Resorts were in talks about the sale of Wynn’s yet-to-open Boston-area casino. 

Flickr/fictures

     Massachusetts officials have begun to weigh the pros and cons of legalized sports betting, along with the “hows” and “wheres.”    There are a lot of ramifications following Monday’s major decision by the Supreme Court that gave states the green light to consider legalizing waging on sports.

MGMSpringfield

MGM  Resorts International has fired another shot in the border war to block development of a casino in Connecticut that would be a direct competitor to the $950 million casino the company is building in Springfield, Massachusetts.

MGMSpringfield

MGM Resorts International has suffered a setback in a bid to block development of a casino in Connecticut that would be a direct competitor to the $950 million casino the Las Vegas-based company is building in Springfield, Massachusetts.

The Plainridge casino building and parking lot
NECN

The first Massachusetts casino, Plainridge Park, had customers lined up out the door for the grand opening in July.  But revenue from the casino’s 1,250 slot machines has fallen month after month since the spectacular opening. 

Massachusetts officials this week cut by nearly 40 percent the tax revenue they expect to collect from the casino. 

Clyde Barrow, a University of Texas professor, who has studied the Northeast casino market, sees no cause for alarm.  He spoke with WAMC’s Pioneer Valley Bureau Chief Paul Tuthill.

A casino arms race is occurring across the Northeast.  States from New York to Maine are looking to expand gambling options for their residents and visitors.  Casino industry expert Clyde Barrow of the University of Texas-Rio Grande Valley sees continued escalation.