Efforts to legalize sports betting in Massachusetts is finally moving on. The state’s House reviews the various proposed retail and sportsbook software bills. According to the research presented to the House, Massachusetts can collect around $70 million in annual tax revenue from sportsbooks. And since there are a number of sports betting legislation on the Read more about Massachusetts Legislators Review Proposed Retail and Sportsbook Software Bills[…]
A lot of states are forming policies that can help them address fiscal deficits due to the coronavirus pandemic. It has also helped states fast-track the legalization of sports betting in certain states. For others, it has allowed easier access to sports betting via betting software as opposed to venturing out to retail sportsbooks. However, the Massachusetts Senate removed sports betting in its economic development bill. Their House has other ideas, and are including sports betting in its economic development bill. The catch? Massachusetts wants and Integrity fee in sports betting.