Analysis: Senate version of sports betting bill denies Massachusetts bettors but maximizes tax haul

Analysis: Senate version of sports betting bill denies Massachusetts bettors but maximizes tax haul

Article brief provided by PlayMA
  • Jason Schaumburg, PlayMA
May 19, 2022 10:14 PM
  • Jason Schaumburg, PlayMA

The Massachusetts sports betting proposal passed by the state Senate would reduce the amount of money bettors wagered in the Bay State but could increase the state’s share of the revenue by more than 200%.

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This is according to an analysis from PlayMA that broke down the Legislature’s different approaches to sports betting in Massachusetts.

After collecting dust for nine months because of the Senate’s refusal to take up sports betting, the MA Senate passed H3993 in late April. The bill legalizes sports betting in Massachusetts if passed by the Legislature and signed into law by the governor.

Among the differences between the Senate version of the bill and the House version are betting on college sports and how operators are taxed.