by Ben Fiore | Aug 3, 2022 1:17 pm | Revenue
The sports betting bill in Massachusetts has a 20% tax rate for online betting and a 15% tax rate for retail betting. The tax revenue of legal sports betting in MA will be divided into five different funds, and operators will be charged a $100,000 application fee....
by Giovanni Shorter | Jul 27, 2022 10:29 am | Regulatory
The Massachusetts legislative session deadline is incoming leading many to doubt the sports betting will pass. Local casino execs have reached out to lawmakers via a letter, urging them to pass sports betting. Both Governor Charlie Baker and House Speaker Ron Mariano...
by Jerad Paparella | Apr 25, 2022 11:33 am | Legal
A sports betting bill originating in the Massachusetts Senate passed through the Senate Ways and Means Committee Friday, with a House version passing last July. The legislature is set to debate the Senate version Thursday – if it passes, the legislature will...
by Christina Monroe | Sep 14, 2021 3:43 pm | Regulatory
Governor Charlie Baker continues to advocate for sports betting regulations in Massachusetts. The Governor believes that the Bay State is losing millions of dollars in revenue with the NFL season to neighboring states who have sportsbooks. The Massachusetts...
by Giovanni Shorter | Aug 11, 2021 11:32 am | Regulatory
MA HB 3977 in Massachusetts to regulate sports wagering has passed in the House of Representatives and was sent to the Senate for approval. The Senate has gone on Summer break without the bill receiving a vote. This sports betting measure is now pushed back until the...
