Wynn Boston Casino Under Development
Elliott R. Morss ©All Rights Reserved
Introduction
Several years back, political leaders in Massachusetts and New York realized they had been missing out on potentially large gambling tax revenues. So they acted to capture these revenues. In short order, the gambling "supply" from casinos will jump dramatically in their states. This means that very shortly, the casino supply in Connecticut, Massachusetts, New York and New Jersey will soon dramatically exceed the gambling demand. Just how all this will play out is discussed below.
Background
Table 1 provides 2017 data on