Tag: Massachusetts sports betting

The Massachusetts Gaming Commission (MGC) is very happy with the numbers of the Massachusetts sports betting market. Sports betting in the state is very new, having only going live in early 2023. Both retail and online sports betting are legal in the state. Even with retail gambling being popular, the use of gambling software still remains to be the more popular option. We will look into the details of the local sports betting market in our latest report. The state regulator looks back at the first full year of operations of sports betting in the state. More importantly, they are looking at the benefits that the state is enjoying from tax revenue set on wagering. According to the MGC, sports betting in the state has significant economic impact. They measure…

Back in August 1, a joint House and Senate conference bill was passed. This bill allows for the legalization of sports betting in Massachusetts. Much of regulations for sports betting is already in place in the state. This means it will only need fewer possible changes and additions for the state’s gaming commission to implement. And Massachusetts online sports betting could launch in November, at the earliest. Massachusetts is no stranger to gambling, having legalized gambling back in the 1700s. Thus, the Bay State’s infrastructure is already there, and the adjustment will only be to accommodate online sports betting. Much like any bookie pay per head sportsbook, bettors can place wagers on any sport event. But they do have an exception for college betting. Under the law, college wagering for…