On Monday, August 1, 2022, the Massachusetts House and Senate reached a last-minute deal to legalize retail and online sports betting throughout the state. The bill, which Governor Charlie Baker is expected to sign in the coming weeks, would give Massachusetts’ existing casinos, racetrack and simulcast betting facilities the ability to conduct retail and online sports betting operations. As discussed further below, the state’s gaming establishments would also be permitted to partner with third-party online betting platforms, so long as those platforms have been appropriately licensed and approved by the Massachusetts Gaming Commission (the Commission). The bill further imposes a 15% tax on adjusted gross wagering receipts for in-person sports betting operations and a 20% tax on adjusted gross wagering receipts for online/mobile sports betting operations.
Notably, the bill imposes a ban on wagering involving in-state college teams, except when they are playing in tournaments.