Hometown entrant Wynn plans to make a strong push in Massachusetts sports betting with WynnBet Sportsbook.
During Wynn’s second-quarter earnings call Tuesday, executives said legalization of MA sports betting gives WynnBet a home-field advantage. While the company announced plans to scale back its Wynn Interactive spending last year, it intends to compete for market share in Massachusetts more than it has in other markets.
In its Q1 earnings call earlier this year, Wynn pinned its future interactive growth on sports betting in Massachusetts. Wynn already built out a retail sportsbook at Encore Boston Harbor, which could open before mobile betting starts in Massachusetts.
“We are looking forward to the potential for a significant catalyst for WynnBet in Massachusetts both in digital and retail sports betting,” Wynn CEO Craig Billings said during Tuesday’s call.