by Ben Fiore | Sep 26, 2022 1:09 pm | Legal
The Massachusetts Gaming Commission met on Thursday but have not agreed or announced an official launch date for legal sports betting. The biggest holdup is surrounding the number of licenses that are going to be available for operators. As of now, HB 5164 could...
by Michael Molter | Sep 8, 2022 11:16 am | Revenue
States like Colorado have explicit instructions on where sports betting taxes go. Other states just link all sports betting taxes to their general fund. This includes funding for education programs, infrastructure, and problem gambling help. LAS VEGAS – Since...
by Michael Molter | Aug 31, 2022 10:49 am | Revenue
Pennsylvania, Illinois, New York and New Jersey have contributed over $1 billion to local governments from sports betting taxes. Nevada sports bettors hold the best win rate (5.65%), while Montana sportsbooks see bettors lose at the US’s worst rate (13.5%)....
by Michael Molter | Aug 23, 2022 10:49 am | Regulatory
All five Massachusetts gaming facilities are stating their readiness to launch sportsbooks. Before this happens, the Massachusetts Gaming Commission must publish a final set of rules. Hoping to have the Notice of Intent Regarding License for Sports Wagering finished...
by Brett Crown | Aug 11, 2022 10:58 am | Sports Betting
Massachusetts Governor Charlie Baker signed House Bill 5164 last night to legalize sports betting. The bill will allow for 15 state-regulated in-person and online sports betting operators. Massachusetts sports betting laws will restrict betting options on the...
