Vermont legislators have recently released a report that identifies the six key decision points in establishing sports betting. On top of having to establish rulings on six points, Vermont legislators have founded a Sports Betting Research Committee that is researching the subject. With so many … Read more
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 dictate … Read more
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 the repeal of PASPA in 2018, … Read more
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%). WASHINGTON – Nationwide, sports betting … Read more
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 the end of the month, … Read more
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 state’s colleges and universities. BOSTON – Massachusetts officially … Read more
Ohio regulated sports betting is set to go live on January 1, 2023. Massachusetts passed betting into law but has not finalized regulations as if yet. Kansas has also not set the final rules and regulations for its betting market. BOSTON – There are new … Read more
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 … Read more
Sports betting in Massachusetts is now incoming as lawmakers pass legislation by the session deadline. The bill passes bringing both mobile and retail sportsbooks to Massachusetts with a 20% tax on mobile and 15% tax on retail sportsbooks. There is a ban on in-stated collegiate … Read more
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 doubt that the … Read more
A recent panel held in Boston for the National Council of Legislators from Gaming States (NCLGS) discussed the potential Massachusetts sports betting market. Representatives from the Boston red Sox spoke in favor of a sportsbook near Fenway Park. Massachusetts lawmakers are working on two potential … Read more
Senate Bill 2844 passed through the Massachusetts State Senate. Lots of changes will be made in the House, but time is on the legislator’s side. BOSTON – Massachusetts sports betting may have taken a step in the right direction yesterday when the Massachusetts Senate passed … Read more