What you need to know

• As of February 23, 2024, WSI US, LLC d/b/a WynnBet is no longer a licensed sports wagering operator in Massachusetts. WynnBet was originally awarded a temporary, one-year Category 3 Sports Wagering Operator License on February 23, 2023 and opened its Massachusetts sportsbook on March 10, 2023.
• The sports wagering operator licensing fee for a 1-year license is $1 million. Category 3 Sports Wagering Licensees are taxed on 20% of gross sports wagering revenue.
• WynnBet’s Category 3 Sports Wagering Operator License was tethered to Wynn MA, LLC d/b/a Encore Boston Harbor’s Category 1 Sports Wagering Operator License.

About the Gaming Establishment

Description from the Licensee:

WynnBET is the US-facing operating subsidiary of Wynn Interactive Ltd, the majority-owned and controlled digital gaming division of Wynn Resorts, Limited (“Wynn Resorts”). Wynn Resorts has an extensive history of operating regulated sports betting, including online sports betting in Nevada. Wynn Resorts has operated one of the Las Vegas Strip’s most successful retail sportsbooks since it opened in 2005. WynnBET is responsible for all aspects of online and mobile sportsbook operations for Wynn Resorts, including in Massachusetts, as well as regulatory compliance under the laws and regulations authorizing mobile and Internet sports betting.

WynnBET brings a wealth of experience and expertise in regulated online sports betting. The experience and track record of WynnBET’s online and mobile sports betting leadership team is built around the extensive background of its leading executives. Collectively, they have decades of combined digital gaming experience, building and running some of the industry’s leading companies.

Our premium brand positioning is built upon delivering best-in-class customer service and providing guests with world-class amenities – this includes real life rewards for online play. Wynn Resorts is proud to have achieved numerous accolades and awards that recognize our efforts in these areas.

We believe that the Wynn Resorts premium brand positioning is central to WynnBET’s success in Massachusetts, not solely for the name recognition and trusted reputation it conveys, but for what it signifies about our team members. It takes the dedication of our team members globally to provide our guests with unforgettable experiences and exceptional service every moment of every day. Our reputation is earned by the talented and committed people who constitute our organization. It is with this same commitment that the WynnBET team aims to exemplify Wynn Resorts’ tradition of excellence by offering a best-in-class digital sports betting experience to the residents of Massachusetts.

To learn more about WynnBet, visit its website.

The Sportsbook

Quarterly reports

• 2023: Q2 | Q3 | Q4