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Legislation

New Massachusetts bill to eliminate in-play bets, massive tax hike, affordability checks

Tuesday 21 de January 2025 / 12:00

2 minutos de lectura

(Massachusetts).- Senator John Keenan 17 January introduced a bill titled “An Act Addressing Economic, Health and Social Harms Caused by Sports Betting,” mirrors that of the federal SAFE Bet Act filed last fall.

New Massachusetts bill to eliminate in-play bets, massive tax hike, affordability checks

Massachusetts is known as one of the most stringently regulated legal betting states in the US. But Keenan’s proposal goes beyond current restrictions. Currently, Massachusetts bettors can make in-play wagers, but cannot place prop bets. The law also already bans betting on Massachusetts state college teams, unless the teams are playing in a tournament.

Operators have struggled with this — BetMGM, DraftKings, FanDuel and others have been fined since digital go-live in March 2023.


Bet limits and 51% tax proposed

In addition, Keenan’s proposal would limit how much bettors can wager in a day or month — $1,000 or $10,000, respectively — without an affordability check. No US state currently mandates affordability checks. According to the bill text, daily or monthly wagers cannot exceed “15% of the amount” in a bettor’s bank account.

For the second time in two sessions, Keenan is proposing bumping the digital betting tax rate from 20% to 51%. His attempt in 2024 would have been part of the state budget bill, but was rejected.

The latest proposal also addresses another issue that has been in the news by banning “compensation for any percentage of wagers or deposits placed by a customer of the operator or sports wagering operator.” VIP hosts at many national sportsbooks are paid a commission based on customer deposits or bets.

Among other changes, Keenan is proposing to double the amount that operators are required to contribute to problem and responsible gambling initiatives from $1 million (£821,828/€969,400) to $2 million. This is in addition to being taxed.

Operators would also be subject to more stringent advertising rules, including a ban on wagering ads during televised sporting events. The Massachusetts Gaming Commission explored a similar ban, but determined that it could not practically be enforced, particularly for nationally televised events.

Categoría:Legislation

Tags: Sin tags

País: United States

Región: North America

Event

Peru Gaming Show 2025

18 de June 2025

America Simulcast Drives Innovation in Horse Betting and Wins Over the Crowd at Peru Gaming Show 2025

(Lima, SoloAzar Exclusive) – Jefferson Pernudi, Product Manager at America Simulcast, stated that growing interest in the Peruvian market for international racing products and technology solutions tailored to both retail and digital sectors motivated the company to participate in the Peru Gaming Show. Read more in this interview.

Monday 30 Jun 2025 / 12:00

Strong return for Amatic Industries at Peru Gaming Show 2025

(Austria).-Amatic Industries has made a remarkable comeback at this year’s Peru Gaming show, which took place from 18 – 19 June. The company’s return to PGS was met with strong interest, positive feedback and promising new business opportunities.

Thursday 26 Jun 2025 / 12:00

Innovation, networking and opportunities: Belatra Games reviews its successful participation at Peru Gaming Show 2025

(Cyprus).- Belatra Games is satisfied with its participation PGS 2025. They achieved new connections, upgraded ideas, and left the show with even stronger intentions to provide quality entertainment on the highest level.

Monday 23 Jun 2025 / 12:00

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