SuperBook retreats from mobile betting in several states, focusing on its Las Vegas roots. Meanwhile, Massachusetts investigates sportsbooks’ player betting limits.
Tag:
Massachusetts
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Massachusetts set a new record in sports betting for September. Meanwhile, DraftKings Michigan iGaming jackpot surpasses $6.46 million
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Sports betting in Massachusetts continues to thrive, as August 2024 saw a significant increase in wagers and revenue. With a $447.3 million handle, the state experienced 43.1% year-over-year growth, led by DraftKings dominating the market. The Bay State’s sports betting craze shows no signs of slowing.
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Industry News
Massachusetts Gaming Commission Finally Gets Sportsbooks to Discuss Customer Betting Limits
The Massachusetts Gaming Commission met with sportsbook operators to address player betting limits after a no-show in May. Operators explained that limits are set based on risk management, not just winning bettors. This is the first of many discussions to shape future policies.
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The Massachusetts Gaming Commission unanimously voted to remove all the International Boxing Association matches from the state’s retail and mobile sportsbooks’ betting options.
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Massachusetts Lottery goes digital with iLottery launch in December 2025. Governor Maura Healy’s signed 2025 fiscal budget includes online lottery, projected to generate $100 million annually for early childhood education and daycare services. This move follows record-setting revenues in FY 2024.
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Bally Bet’s Massachusetts launch faces a delay due to an unresolved issue with the Massachusetts Gaming Commission. Originally set for June 27, the launch is now expected in early July. The delay comes despite Bally Bet’s eagerness to enter the Massachusetts sports betting market.
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The Massachusetts Gaming Commission is investigating ESPN host Rece Davis for calling a betting proposition a “risk-free investment.” This incident raises concerns about the blurred lines between ESPN and ESPN BET, which is owned by Penn Entertainment.
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Discover how DraftKings dominates its home turf in Massachusetts, outshining FanDuel and other competitors in Q1 revenue reports. Learn about the Massachusetts Gaming Commission’s concerns over sportsbooks limiting winning bettors and the impact on the sports betting landscape.
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Massachusetts Senator John Keenan’s proposal to raise sportsbooks’ tax rate from 20% to 51% for mental health programs and athlete protection was voted down. Concerns persist over industry transparency and the impact of high taxation on competition and consumer choice.
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