Tag: Massachusetts
Governor Supports Massachusetts Sports Betting
Governor Charlie Baker introduced a new proposal on Thursday that aims to legalize Massachusetts sports betting, and tax those bets on professional sports both online and at casinos. The law would allow other entities to be licensed to offer the modality as well. Baker detailed that he would file legislation to allow the Massachusetts Gaming Commission (MGC) to license the three casino operators in the state to offer on-site and online sports betting. This legislation would also pave the way for other operators, such as daily fantasy sports (DFS) entities to be licensed for sports betting. “Our legislation puts forth…
Massachusetts Sports Betting Could be Worth $60 Million
Wagers might generate between about $9 million and $61 million in state tax revenue if lawmakers decide to make Massachusetts sports betting legal, the Gaming Commission said Thursday in a white paper that mapped out how the Legislature might think about introducing another new form of gaming in the Bay State. Massachusetts, like many other states, is waiting to learn if the U.S. Supreme Court will strike down any or all of the Professional and Amateur Sports Protection Act, which limits which states can offer legal sports betting. A decision in the case Christie v. National Collegiate Athletic Association could…
Poor Consumer Practices Cost FanDuel & DraftKings Millions
DraftKings and FanDuel have each agreed to pay more than $1m (€830,000) to resolve allegations of consumer-unfriendly practices in the US state of Massachusetts. Coinciding with the start of the new NFL American football season, both daily fantasy sports (DFS) operators are to pay $1.3m in a deal announced by Massachusetts Attorney General Maura Healey. The authorities in the state last year proposed a raft of consumer protection regulations, including restrictions on advertising that reflected the average DFS player’s slim chances of winning anything. More at iGaming Business
Massachusetts Online Gambling Looks Promising for 2018
A special commission in Massachusetts is poised to recommend an omnibus approach to regulation of the online gambling industry, according to Statehouse News Service, which could pave the way for iGaming in the state. The Special Commission on Online Gaming, Fantasy Sports Gaming and Daily Fantasy Sports met on Tuesday. Last year, the legislature created the panel and tasked it with generating a report about the industries in its name. (Online gambling is currently illegal in the state, while paid-entry fantasy sports is legal and regulated.) According to Statehouse News, “most commission members who shared their points of view Tuesday…
Massachusetts Problem Gambling Shows Reason for Online Regulation
There are zero legal online gambling sites in Massachusetts, but that doesn’t mean people don’t gamble online in the Bay State. In the United States, online gambling is only legal and regulated in the following locales: New Jersey, Delaware and Nevada. That being said, online gambling (poker, casino, sports betting, and beyond) is widely available across the United States. In most states, including Massachusetts, online gamblers don’t have the same protections as gamblers in New Jersey, Delaware and Nevada. They have no choice but to play on offshore, unlicensed, and unregulated online gaming websites – sites that have a spotty…
Online Gaming on Massachusetts Radar
Massachusetts has become the latest state in the US to be linked with a potential move to legalise online gaming after State Treasurer Deborah Goldberg pledged to introduce legislation. According to the Sun Chronicle newspaper, Goldberg said the legislation would help to shore up the state’s lottery market, which is worth almost $1 billion (€943.7 million). However, Goldberg said her efforts would be separate to a state-backed study into online casinos, with the Special Commission on Online Gaming, Fantasy Sports Gaming and Daily Fantasy Sports having until August this year to make a recommendation as to how the state should…