The state of Massachusetts is set to legalize sports betting after the State House passed a bill doing just that. It will now head to the desk of Governor Charlie Baker, who is expected to sign it this week. NFL Predictions along with other sports will be able to be made shortly within the state. Since the Supreme Court struck down the Professional and Amateur Sports Protection Act in 2018 over half of the states in the United States of America and Washington D.C. have legalized sports betting in some fashion. Now another state adds its name to that list.
I am proud to announce that the Sports Betting Conference Committee has reached an agreement on legislation that will legalize wagering on professional and collegiate sports in Massachusetts, bringing the immense economic benefits of a legal sports betting industry to MA. (1/2)
— Speaker Ron Mariano (@RonMariano) August 1, 2022
Sports betting has become increasingly more popular over the past few years and it will continue to become more popular. States will likely follow the state of Massachusetts in doing so, but the speed of those states is hard to determine at this time. The economic boost it has provided and will provide to states has enticed state legislatures to act. This specific bill includes the following provisions: Online and retail wagering will be allowed, Betting on events involving in-state colleges like Boston College is not permitted unless the teams are taking part in a “collegiate tournament., Bettors must be 21 to place a bet with a licensed sportsbook and may not use a credit card, and Sportsbooks will be taxed 15% on net revenues from in-person wagers and 20% for online wagers.
The Massachusetts Sports Wagering Act passed by a vote of 36-4 and should be signed fairly quickly into law by the Governor. Def Pen Betting will continue to update stories about legalised sports betting.
