Massachusetts
Massachusetts edges nearer to sports betting legalization deadline
Neil is a gambling industry veteran with over 15 years experience as a content writer, editor and speaker at events. He has a Masters degree in English Literature and Philosophy and has combined this analytical inquisitiveness with a passion for sports betting and casino gaming. Neil started his career with Bettingpro.com and helped build not only that site but various others such as LiveTennis.com, LiveDarts.com and numerous other sports informational sites, including GG.co.uk and RacingTips.com He then made the transition to the North American market, working both in the UK and in New Jersey to launch various sports betting and casino sites, including AmericanBettingExperts and NewAmericanCasinos. Working with regulators, Neil has helped to review sports betting sites and also test the regulated betting apps in a professional capacity. He now works almost exclusively in the US market and is one of the main reviewers and fact checkers on SportsLens gambling content. He also speaks at various gambling conferences including ICE, iGB Live and SBC Americas and has contributed to GamblingInsider, EGR Magazine and a number of others in a consulting capacity.
All posts by Neil RoartyUpdated2 hours ago on April 25, 2024
Massachusetts lawmakers are hopeful that a conference committee of six representatives and senators could reach an agreement on a sports betting bill and have it in front of Governor Charlie Baker before the legislative session ends at the end of July.
Massachusetts neighbours both New Hampshire and Rhode Island which offer legal sports betting, thus the pro-sports betting lobby are arguing valuable taxes are being leaked to other states by those who enjoy gambling with a regulated book.
Representative Jerry Parisella, commented last week at a conference: “Unfortunately we are losing out to our neighbours in New Hampshire, Rhode Island”. Parisella continued “For every year it is not available, Massachusetts loses valuable tax revenues to one of our neighbours”.
In the same speech, Parisella mentioned data from operator DraftKings which suggested during the Super Bowl in February, nearly 30 percent of all bets placed with them in New Hampshire were actually residents in Massachusetts.
There has been prior progress in the state, with a sports wagering bill being passed in the Massachusetts Senate in April, including provisions on banning the use of credit cards as well as limiting online and television advertising across the state. The House version, which was approved in July 2021, went further to include a ban on wagering on Collegiate sports, as well as higher GGR tax rate on both retail and online sports betting in Massachusetts.
With the NFL season set to resume in the coming months, lawmakers will be hoping that an appropriate bill can be presented to the state Governor before the end of the legislative session and that it’s passed in time to welcome customers – and thus retain tax revenues – which may otherwise be lost to neighbouring states.
In the four years and two months since the repeal of PASPA and the federal ban being removed, the legalized sports-betting industry has grown from just one, to 30 states. Massachusetts is hoping to become the next to join the ever-lengthening list of jurisdictions in which sports betting is operated legally.
