Massachusetts Sports Betting
October 17, 2022If you’re looking to bet on sports in the state of Massachusetts, there are several options available. There are a variety of college and professional sports teams that play in the state. The state’s capital, Boston, is home to some of the most successful franchises in the country. Because of this, sports bettors are eager to place bets on their favorite teams.
The Massachusetts House passed a bill to legalize sports betting in July 2021. However, the bill stalled in the Senate because of budget concerns. The Senate also introduced a sports betting bill during the same timeframe. While both bills faced similar legislative resistance, a late-night compromise resulted in a favorable vote on Aug. 1 and was signed by Gov. Charlie Baker on Aug. 6.
In Massachusetts, there are four teams in the major sports leagues. Residents are very passionate about all of their teams. For example, the New England Patriots have long been a favorite among bettors in the state. However, if you’re looking to bet on the Tampa Bay Buccaneers, you’ll find plenty of opportunities in the state.
There are a variety of online sportsbooks available. DraftKings, the industry leader in US sports, has its headquarters in Boston. Its user-friendly interface makes it a popular choice among Massachusetts sports bettors. In addition to offering an easy-to-use interface, DraftKings also offers a $50 free bet and a 20 percent deposit match bonus up to $1,000. In addition, its betting markets are excellent.
Massachusetts lawmakers have agreed to a bill that will legalize sports betting in the state. The new law will allow for in-person and online sports betting. It will also allow sports betting on out-of-state universities and colleges. A tax on sports betting revenue of up to 15 percent will apply. Another key provision in the legislation prohibits wagering on in-state college sports teams. However, there is an exemption for college teams participating in tournaments.
The Massachusetts Gaming Commission will meet this week to set the agenda. At that meeting, expect updates on the pending launch of sports betting in the state. It is possible that lawmakers will quickly resolve any outstanding issues related to the temporary license. In the meantime, the state will likely have a legal sports betting marketplace in early May 2022. The bill passed the legislature in July 2021. The Massachusetts Gaming Commission will discuss sports betting timelines.
The Massachusetts Gaming Commission is currently working on licensing regulations and the final launch date. The commission previously announced that retail sports betting could begin in January 2023, while mobile sports betting would begin in late February or early March. The final details should be announced within the coming weeks. In the meantime, bettors can enjoy the convenience of sports betting in neighboring states, such as Rhode Island and New Hampshire.