MA sports betting takes step closer to approval

July 23, 2021
By

Government predicts legalized sports betting could bring in $80m in licensing fees alone.

Late yesterday, a majority of the House approved a bill to legalize sports betting in Massachusetts. Despite debates over allowing wagers on college sports, it voted 156-3 in favor of the bill, referred to as H3977.  

The vote was referred to by representatives as long overdue. It has also been suggested that this overwhelming approval may move the Senate into action, as they have been reluctant to proceed with sports betting legalization.  

For some, the legalization of sports betting is a simple issue. Rep. Dan Cahill of Lynn claimed: “It’s just fun. People are allowed to have fun.” 

Should the Senate approve the bill, sports betting would be put under purview of the Gaming Commission. Betting would be legal for all Massachusetts residents 21 and over. Furthermore, the state plans to implement a number of safeguarding regulations.  

Legislators also expect tax revenues of around $60m per year.  Mobile operators would also have to pay a license fee of $5m. Additionally, land-based sportsbooks would be taxed at 12.5%, with mobile platforms paying 15%. 

Rep. Andy Vargas of Haverhill commented on the vote: "I represent a district which borders New Hampshire. In Haverhill, you can literally walk across the border into New Hampshire and place a bet. I know that my constituents who partake in sports wagering would rather place these bets in their homes and in their own state and would rather have any revenue collected going towards benefiting their home state of Massachusetts."  

One of the key debates before the vote was whether the state should allow wagering on college sports. Currently, the bill will allow wagers on the outcomes of games but not on the performances of individual players This is yet to be fully agreed upon but a vote is forecast  to occur after the House and the Senate’s summer break.  

State-by-State

Product Spotlight

CasinoTrac

CasinoTrac is reducing handpay downtime by nearly 90% with SlotSUITE's Self-Pay & W-2 G printing at the slot machine.
GA HUDDLE #086

Michael Hershman - Dispelling casino 'myths:' New York needs to lose fear of the unknown

Michael Hershman, CEO of the Soloviev Group, joins Tim Poole on the Huddle to put forward his case that the Freedom Plaza is the way to go for one of New York's casino licences. He fields a variety of questions - not shying away from any of them - on why 'myths' about casinos and a fear of the unknown should be dispelled, as well as acknowledging the strength of rival bids and discussing opposition to the project.
GA HUDDLE #085

Christian Smith - Slot machines a "beautiful intersection of psychology and mathematics"

Bluberi's Christian Smith speaks to Gaming America in an enlightening Huddle. Topics include: the 'Australification' of US gambling, the blending of psychology and mathematics, and the rising trend of three-pot fillers.

As the Tribal gaming sector congregates once more in the Golden State, is it too cliché of me to suggest we are heading for a golden era of Tribal gaming? With the industry set to meet at the Indian Gaming Association t...

10-11-From-the-top
From The Top: Will youth be served by Sports Betting?
Two recent interviews in our Huddle podcast revealed to Las Vegas correspondent Brian Joseph just how young sports betting entrepreneurs are becoming.
12-GA-MAR-10-year-v2
The Global Gaming Awards: Rewarding Excellence
The 10th edition of the Global Gaming Awards took place in Las Vegas last year. Gaming America looks back... and ahead to this year's.
16-18-IGA-Preview
Preview: Indian Gaming Tradeshow & Convention
Gaming America looks ahead to the 2024 Indian Gaming Tradeshow & Convention and what attendees can expect when they arrive at the Anaheim Convention Centre.
20-22-GA-Mar-888-Holding-article
888 and the US Market: A cautionary tale
Gaming America explores the risk of resting on your laurels and the challenge of remaining relevant in a rapidly expanding market.