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Audio Article: GAMBLING AND THE LAW® - As If They’re Doing Us a Favor

  • Broadcast in Business
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By I. Nelson Rose

Steve Wynn complained that he and other operators are proposing spending billions of dollars to build casinos in Massachusetts, but the state's regulators act "as if they're doing us a favor." Wynn is unintentionally correct: Legally, a casino license is a privilege, not a right. Applicants and operators need to remember that casinos are considered morally suspect industries. The law treats gaming different from all other legal businesses, often in ways that defy common sense.