🤑 Expanded Gaming Act - Massachusetts Gaming Commission

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Twitter facebook Email.{/INSERTKEYS}{/PARAGRAPH} Michael Rush and Rep. The profits on bets placed in-person would be taxed at 10 percent, while online wagering profits would be taxed at Baker said he was also proposing to newly tax online fantasy sports wagering at DraftKings, alone, accounted for 32 percent of total sports betting revenue in New Jersey, according to the company. Brad Hill have all filed proposals of their own to get into the sport betting market. Baker's bill would give oversight of sports betting to the Massachusetts Gaming Commission, which would vet license applicants and enforce consumer protections, such as the prohibition on anyone under 21 from placing a bet. The Supreme Court last May opened the door for states to pursue sports betting when it ruled that the ban on sports betting outside of Nevada and select other places was unconstitutional. That's where we're going to get the additional funds," said Rep. This article was originally published on January 17, Skip to main content. Baker put his own marker down on the issue as a number of legislators, including Sen. Close Close. Eight states, including Rhode Island, currently have legal sports betting, while bills have either passed or been introduced in dozens of other states, according to ESPN. Support the news. Cullinane has also proposed to allow professional sports leagues to collect a royalty on wagers placed on their games, which neither Baker nor Crighton recommended. Others would allow bets on all college sports, or exempt only college athletics in Massachusetts from wagering. Close close Donate. BBC Newshour Value this story? Rhode Island opted not to include mobile platforms when it legalized sports betting last year, but the neighbor state has not realized the revenues it expected and the Senate president in Rhode Island is now pushing to add mobile betting to its law. Joseph Wagner to explore the issue. Separately, under Baker's bill, online-only operators such as DraftKings could apply to the Gaming Commission for a license to host sports betting on their web platforms. The announcement came a day before Baker is due to appear before the Massachusetts Municipal Association at its annual meeting where he is expected to detail his annual budget proposal for local aid funding to cities and towns. Existing casinos and slot parlors, including MGM Springfield, Encore Boston Harbor and Plainridge, would be eligible to apply for a license to operate sports betting lounges, and could also contract with outside vendors for online betting. Brad Hill, an Ipswich Republican who was filing his own bills to legalize sports betting. {PARAGRAPH}{INSERTKEYS}Charlie Baker proposed on Thursday to legalize sports betting in Massachusetts, igniting an already smoldering debate on Beacon Hill over whether to give gamblers an additional avenue to wager their money and over who should be able to take part in the potential new industry. Dan Cullinane, Sen. Some proposals floating around the Legislature, such as Cullinane's bill, would not allow mobile platforms to take part in sports betting, but instead require them to contract with a physical establishment like a casino. Brendan Crighton, Rep.