Major sports teams, sportsbooks, and other stakeholders are urging Massachusetts lawmakers to pass a sports betting bill before the end of 2020. DraftKings, FanDuel, and MGM Resorts are among the sportsbooks pushing the legislation. The New England Patriots and the Boston Red Sox have also … Read more
Sports betting in Massachusetts may need to wait until 2021 to see any type of legislation passed for the market. Projections for annual revenue from a legal sports betting industry in the Bay State were estimated to be anywhere from $20-$35 million. BOSTON – Governor … Read more
The legalization of recreational marijuana will be part of voter ballots in five states on November 3. Four states have odds on the outcome of how people will vote posted on sportsbooks, with two being heavily favored to open legal cannabis markets. PHOENIX – Five … Read more
House Bill 4559 that would legalize sports betting in Massachusetts may not see any more floor time in 2020 but there are still over two months left in the session for that to change. Whether it be 2020 or 2021, legalizing the wagering on sporting … Read more
Massachusetts currently has a bill on the table that would make professional and college sports legal to wager on in the Commonwealth. A letter issued by multiple colleges in the state has spoken out in opposition when it comes to allowing college sports to be … Read more
Representative Brad Hill spoke to LegalSportsBetting about the potential to legalize sports betting in Massachusetts now that the legislative session has been extended through January. A legal sports betting market in Massachusetts estimates a projected $30-$50 million in annual revenue for the economy of the … Read more
The Senate rejects sports betting legislation in MA HB 4887. Some Senators believe that now was not the right time to focus on sports betting. The official legislative session is over but an informal session is still in progress. BOSTON – Massachusetts sports betting bill … Read more
House Bill 4879 that would make Massachusetts sports betting legal is moving to the Senate after making it through the House. The bill would have legal sports betting made available at casinos, racetracks, professional sports team venues, and five strictly mobile sportsbooks if the Senate … Read more
Massachusetts is looking to make sports betting legal by introducing a new bill, MA HB 4879 to the House on July 24. House Bill 4879 would make sportsbooks legal in MA for both mobile and retail outlets. The bill comes by way of an economic … Read more
People affiliated with the professional sports organizations in Massachusetts are speaking out in favor of legal sports betting in MA as the Coronavirus continues to eat away at their 2020 profit margins. House Bill 4559 still has nine days within the Massachusetts Legislature to pass … Read more
Various states across the nation could still see sports betting legalized in 2020 for a 2021 launch. The Coronavirus pandemic may help lawmakers warm up to the idea because of the revenue it could bring to economies trying to come back from huge financial losses. … Read more
Residents may not see legalized Massachusetts sports betting in 2020 due to the Coronavirus pandemic. Senator Brendan Crighton believes that his bill, MA HB 4559, will be discussed again once the issues surrounding COVID-19 have been handled. An estimated $25 million could be made for … Read more