Why the Inaction on Sports Gambling? – Business West

Maybe we shouldnt be surprised by this states mind-numbing hesitancy when it comes to sports gambling.

After all, legislators waited years after other states moved ahead with casino gambling to finally put a measure in place for Massachusetts. Time and again, casino gambling was brought up for votes and brushed aside for another day. Finally, casino gambling was approved roughly a decade ago, but the hesitation cost the state dearly. Indeed, by the time the three casino operations in the state, including MGM Springfield, were up and running, the competition in surrounding states had increased exponentially, essentially changing the landscape and making it far more difficult for those casinos to gain the revenues that were projected when the casino bill was finally passed.

One might have thought the state would have learned from this expensive lesson, but here we are in late March, the middle of this years college basketball championships, the biggest betting event on the planet, and the state appears nowhere close to passing a sports-gambling bill.

Its perplexing, but its also quite frustrating. The casinos sorely need this huge revenue stream, and the lack of sports betting is putting them at a competitive disadvantage, not only during March Madness, but the other 11 months of the year as well. The casinos have all built facilities in anticipation of a sports-gambling measure MGM has created two areas for watching and wagering on sports (see story on page 33) but they currently sit unused or have been put to other uses.

Theories abound about why there is such hesitation on sports gambling, including the one concerning it becoming competition for the states highly lucrative lottery. We understand the premise, but people were saying the same thing about the states three casinos. Almost four years after theyve opened, the lottery is still thriving.

Another theory is that legislators are wary that sports gambling on top of the casinos and the aforementioned lottery would be too much gambling and perhaps put more people at risk of developing addictions.

We understand this theory as well, but if people want to bet on sports and a large number of people do (Americans spent $9.7 billion on sports bets this past January alone) they will find a way to do it. And with New Hampshire, Connecticut, Rhode Island, and other nearby states already allowing such gambling, they dont have to travel far to do it.

Overall, 15 states introduced sports-betting legislation in 2021, according to the National Conference of State Legislatures, and the big question is why Massachusetts didnt make it 16.

Bills have been introduced several of them, in fact but they havent received the requisite attention to gain any traction.

Overall, sports gambling is just not a priority in this state. Should it be? There are plenty of other priorities, certainly, including housing, education, mental health, and childcare. But while tackling them, it seems the state Legislature could find the time and inclination to pass a sports-gambling measure.

The ongoing hesitancy simply doesnt make sense. And it should not continue.

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Why the Inaction on Sports Gambling? - Business West