WynnBet Officially Closes Massachusetts Site

Wynn Resorts' online brand WynnBet has closed shop in the state of Massachusetts, marking a mass exodus for the company from the states in which it operates.

The announcement came on February 12th and will see players having 30 days to pull funds from their accounts. If funds aren't removed by that time, the funds will be refunded to the way that they were deposited with. Wynn isn't completely leaving the market, though, as a sportsbook will continue to operate at the Encore Boston Harbor casino.

WynnBet has been in the process of leaving almost all of the states that they operated in, also ditching Colorado, Indiana, Louisiana, New Jersey, Tennessee, Virginia and West Virginia. The company remains active in the states of Michigan, New York, and Nevada, at least for the time being.

Wynn announced that they were leaving Massachusetts last week during an earnings report. During that time, Wynn CFO Julie Cameron-Doe said, "We're working on closing down Massachusetts online as well. And wherever we're able to and where we can interact with anybody else, we'll make sure that we do the best for our shareholders and monetize the assets that we have in a way that works well with what's allowed and what's available out there in the market."