Sports Wagering in Massachusetts Now Open; Missouri Takes Step
Mobile wagering is now live in Massachusetts.
With six authorized sportsbooks, legal online betting is open for business in the Bay State.
Massachusetts has passed a bill to legalize sports betting on professional and collegiate sports, which Gov. Charlie Baker is expected to sign
The bill includes:
– 20% mobile tax rate
– 15% retail tax rate
– No betting on in-state college teams pic.twitter.com/gXVghMpzy5
— Pickswise (@Pickswise) August 1, 2022
Mass. Bettors Can Go Pro, But Can’t Play In College
With responsible wagers in mind, Massachusetts residents who are at least 21 years old will be able to bet on the region’s four professional teams, the NHL’s Boston Bruins, NBA’s Boston Celtics, MLB’s Boston Red Sox and NFL’s New England Patriots.
As one of the United States’ top areas for higher learning, hosting more than 250,000 college students annually, interested bettors are not allowed to wager on most in-state college athletics. Local teams participating in certain tournaments, like the NCAA men’s college basketball tourney, could be open, however.
The state’s initial six participating sportsbooks are Barstool, BetMGM, Caesars, DraftKings, FanDuel and WynnBET.
Mobile sports gambling is expected to generate $35 million in annual tax revenue, according to WGBH.org.
The Missouri House overwhelmingly approved a bill that would allow Missourians to legally place bets on major sporting events.
The legislation is backed by the region’s major sports teams and casino operators. #moleg https://t.co/BzS1IoqEFR
— Kacen J. Bayless (@Kacen) March 22, 2023
Missouri House Approves Sports Gambling Bill
The Missouri House of Representatives on Wednesday approved a bill to legalize sports gambling.
The legislation, however, could face a different fate in the State Senate, according to The Associated Press.
The House voted 118-35 in favor of the bill, but the senate hurdle still may be too high.
“This is a bill that we’ve been trying to get past the Legislature for far too long,” Kansas City Democratic Rep. Ashley Aune said, as reported by AP. “Our constituents want this; we need to get it done.”
The bill includes a 10 percent tax rate on adjusted gross winnings, but some lawmakers seek a higher percentage, ABC17News.com reported.