Fight continues to bring sports betting to Massachusetts

November 23, 2020
By

Gaming companies, sports entities draft letter to state legislature to leverage action.

After the Massachusetts State Senate recently declined to add sports betting to its 2021 budget, a mixture of gaming companies and sports teams wrote to the members of the state’s Economic Development Bill Conference Committee.

The letter, signed by Sam Kennedy, president and CEO of the Boston Red Sox; Robyn Glaser, SVP business affairs, The Kraft Group, who represents the New England Patriots and Revolution; Jason Robins, CEO of DraftKings; and Matt King, CEO of FanDuel among others, cites the 2018 decision by the US Supreme Court allowing states to legalize sports betting. It urges the Committee members to pass sports betting legislation as part of a pending economic development bill.

“Quite simply, Massachusetts can’t afford to wait,” the letter asserts, adding, “This is a unique moment for the legislature to act to protect consumers, create jobs and generate an estimated $50 million in direct, annual tax revenue to the Commonwealth.”

It also says there’s already a massive betting market in Massachusetts run by offshore sites. The authors cite a study by Oxford Economics, which estimates approximately 1.4 million residents place almost $3.2 billion in sports wagers online in the illegal market.

“These illegal mobile sportsbooks are not regulated, they provide no tax revenue or economic benefits to Massachusetts, and they offer no consumer protections,” the letter states. “The single most effective way to defeat the illegal market is to create a competitive, legal sports betting framework.

“The signatories to this letter stand ready to invest heavily to ensure a legal market in Massachusetts will thrive.”

State-by-State

Product Spotlight

Bragg Gaming Group

Bragg Gaming Group is a global content-driven iGaming technology provider, serving online and land-based gaming operators with its proprietary and exclusive content and cutting-edge technology.
GA HUDDLE #087

John Connelly - Interblock preparing to launch online by the end of year

John Connelly, the Global CEO of Interblock, joins the Huddle to talk about:
- The company's conversion to the online space
- The performance of ETGs
- Interblock's new philanthropic efforts
- The trend of companies going private
- And more!
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.

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.