{"id":650,"date":"2022-08-05T19:11:37","date_gmt":"2022-08-05T16:11:37","guid":{"rendered":"https:\/\/xxbet-company.com\/massachusetts-sports-betting-wont-start-soon-gaming-regulators-caution-public\/"},"modified":"2022-08-05T19:11:37","modified_gmt":"2022-08-05T16:11:37","slug":"massachusetts-sports-betting-wont-start-soon-gaming-regulators-caution-public","status":"publish","type":"post","link":"https:\/\/xxbet-company.com\/ja\/massachusetts-sports-betting-wont-start-soon-gaming-regulators-caution-public\/","title":{"rendered":"Massachusetts Sports Betting Won\u2019t Start Soon, Gaming Regulators Caution Public"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_34 counter-flat ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">\u76ee\u6b21<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1'><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/xxbet-company.com\/ja\/massachusetts-sports-betting-wont-start-soon-gaming-regulators-caution-public\/#2023_Launch_Favored\" title=\"2023 Launch Favored\">2023 Launch Favored<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/xxbet-company.com\/ja\/massachusetts-sports-betting-wont-start-soon-gaming-regulators-caution-public\/#Some_Details_Set\" title=\"Some Details Set\">Some Details Set<\/a><\/li><\/ul><\/nav><\/div>\n<p class=\"p1\">The Massachusetts Gaming Commission (MGC) today held its first meeting since state lawmakers passed legislation to authorize sports betting.<\/p>\n<figure aria-describedby=\"caption-attachment-224920\" data-style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" class=\"size-full wp-image-224920 lazyload\" src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/08\/Screen-Shot-2022-08-04-at-5.13.35-PM-142x95.jpg\" data-src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/08\/Screen-Shot-2022-08-04-at-5.13.35-PM-142x95.jpg\" alt=\"Massachusetts Gaming Commission sports betting\" width=\"1200\" height=\"800\" data-srcset=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/08\/Screen-Shot-2022-08-04-at-5.13.35-PM.jpg 1200w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/08\/Screen-Shot-2022-08-04-at-5.13.35-PM-142x95.jpg 142w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/08\/Screen-Shot-2022-08-04-at-5.13.35-PM-1024x683.jpg 1024w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/08\/Screen-Shot-2022-08-04-at-5.13.35-PM-768x512.jpg 768w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/08\/Screen-Shot-2022-08-04-at-5.13.35-PM-600x400.jpg 600w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" data- title=\"\"><img loading=\"lazy\" class=\"size-full wp-image-224920\" src=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/08\/Screen-Shot-2022-08-04-at-5.13.35-PM.jpg\" alt=\"Massachusetts Gaming Commission sports betting\" width=\"1200\" height=\"800\" srcset=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/08\/Screen-Shot-2022-08-04-at-5.13.35-PM.jpg 1200w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/08\/Screen-Shot-2022-08-04-at-5.13.35-PM-142x95.jpg 142w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/08\/Screen-Shot-2022-08-04-at-5.13.35-PM-1024x683.jpg 1024w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/08\/Screen-Shot-2022-08-04-at-5.13.35-PM-768x512.jpg 768w, https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/08\/Screen-Shot-2022-08-04-at-5.13.35-PM-600x400.jpg 600w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" title=\"\"><figcaption class=\"text-description\">Massachusetts Gaming Commissioner Bradford Hill expresses concerns during the agency\u2019s virtual meeting on August 4, 2022, that the public might think legal sports betting is imminent. The regulator says time is needed to finalize sports betting regulations before the state will review applications and issue licenses. (Image: Massachusetts Gaming Commission)<\/figcaption><\/figure>\n<p class=\"p1\">The special sports betting joint conference committee last weekend <a href=\"https:\/\/www.casino.org\/news\/massachusetts-sports-betting-compromise-reached\/\" rel=\"nofollow noopener\" target=\"_blank\">reached a compromise<\/a> between two competing sports gambling measures. The separate rules were passed by the Massachusetts Senate and House, then reconciled. The resolution was approved just hours before the legislature adjourned for 2022.<\/p>\n<p class=\"p1\">The news generated joy among casino and <a href=\"https:\/\/www.casino.org\/news\/massachusetts-sports-betting-could-boost-draftkings-penn\/\" rel=\"nofollow noopener\" target=\"_blank\">gaming interests<\/a> and others supportive of expanded gaming in the commonwealth. But MGC officials say some time is needed before the first legal bet can be wagered.<\/p>\n<blockquote class=\"main-blockquote\">\n<p class=\"p1\"><strong>This doesn\u2019t happen overnight,\u201d<\/strong> said MGC Commissioner Bradford Hill. <strong>\u201cWe are going to do this right \u2026 and take our time.\u201d<\/strong><\/p>\n<\/blockquote>\n<p class=\"p1\">The MGC has been preparing for legal sports betting for months. But the agency now tasked with regulating not only the state\u2019s three commercial casinos, but also in-person and online sports betting, says the process of finalizing regulations and reviewing applications will not be rushed.<\/p>\n<p class=\"p1\">That means the odds are quite long that a legal sportsbook in Massachusetts will begin taking wagers before the NFL regular season kicks off on September 8.<\/p>\n<h2 class=\"p1\"><span class=\"ez-toc-section\" id=\"2023_Launch_Favored\"><\/span><b>2023 Launch Favored<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p class=\"p1\">The NFL is the most bet-on sport in the US, and that\u2019s expected to be true in Massachusetts, where the New England Patriots call home.\u00a0 Oddsmakers would prefer to begin their operations ahead of the NFL regular season and take futures action on Super Bowl LVII, but that\u2019s unlikely.<\/p>\n<div class=\"callout\">\n<p class=\"p1\">History shows that legalized sports betting takes time to implement. In the more than 30 states that have launched regulated sports betting, the average time from a bill passing and being signed by a governor to the first bet is around six months.<\/p>\n<\/div>\n<p class=\"p1\">Though Massachusetts is expected to be on the shorter end of that average, the time line suggests that the first regulated wager won\u2019t be placed until around the end of the year.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The latest ButlerBets Online Sports Betting State Launch Projection Guide<img src=\"https:\/\/s.w.org\/images\/core\/emoji\/12.0.0-1\/72x72\/2122.png\" alt=\"\u2122\" class=\"wp-smiley\" title=\"\"> (projections subject to change):<\/p>\n<p>\u2013 Kansas: Late 2022<br \/>\u2013 Ohio: 12:01 am, Jan. 1, 2023<br \/>\u2013 Massachusetts: Early 2023<br \/>\u2013 Maryland: 2023<br \/>\u2013 Maine: Late 2023<br \/>\u2013 Utah: 2167<\/p>\n<p>\u2014 Ryan Butler (@ButlerBets) <a href=\"https:\/\/twitter.com\/ButlerBets\/status\/1555249434371522564?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">August 4, 2022<\/a><\/p>\n<\/blockquote>\n<p class=\"p1\">The MGC meeting included numerous words of caution to the public regarding when sports gambling might begin. The commissioners were responding to some media reports, as well as some state lawmakers, that said sports betting in the commonwealth was imminent.<\/p>\n<p class=\"p1\">State Sen. Eric Lesser (D-1st Hampden), who is campaigning to become lieutenant governor, said this week that he was optimistic that sports betting would start this fall.<\/p>\n<p class=\"p1\">\u201cThe [sports betting] bill takes effect immediately after the governor\u2019s signature,\u201d Lesser told <i>WAMC Northeast Public Radio<\/i>. \u201cThe big piece that will take some time to implement is the licensing and the applications for the licensing, which will be run by the Gaming Commission.<\/p>\n<p class=\"p1\">\u201c[The MGC] is prepared. They know the issues\u2026 Our hope is that it could begin as soon as this fall,\u201d Lesser said.<\/p>\n<h2 class=\"p1\"><span class=\"ez-toc-section\" id=\"Some_Details_Set\"><\/span><b>Some Details Set<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p class=\"p1\">The sports betting compromise sitting on Massachusetts Gov. Charlie Baker\u2019s (R) desk dictates certain conditions of the expanded gaming.<\/p>\n<p class=\"p1\"><strong>Gross revenue from retail sportsbooks will be subject to a 12.5% tax, while mobile sportsbook income will be taxed slightly higher at 15%.<\/strong><\/p>\n<p class=\"p1\">The legislature also set the licensing fee. Each applicant deemed qualified by the MGC will be required to pay $5 million to the state in exchange for retail and mobile sports betting privileges. The five-year licenses can be renewed for another $5 million for another five-year term.<\/p>\n<p>The post <a rel=\"nofollow noopener\" href=\"https:\/\/www.casino.org\/news\/massachusetts-sports-betting-wont-start-anytime-soon\/\" target=\"_blank\">Massachusetts Sports Betting Won\u2019t Start Soon, Gaming Regulators Caution Public<\/a> appeared first on <a rel=\"nofollow noopener\" href=\"https:\/\/www.casino.org\/news\" target=\"_blank\">Casino.org<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>The Massachusetts Gaming Commission (MGC) today held its first meeting since state lawmakers passed legislation to authorize sports betting. Massachusetts Gaming Commissioner Bradford Hill expresses concerns during the agency\u2019s virtual meeting on August 4, 2022, that the public might think legal sports betting is imminent. The regulator says time is needed to finalize sports betting regulations before the state will review applications and issue licenses. (Image: Massachusetts Gaming Commission) The special sports betting joint conference committee last weekend reached a compromise between two competing sports gambling measures. The separate rules were passed by the Massachusetts Senate and House, then reconciled. The resolution was approved just hours before the legislature adjourned <a href=\"https:\/\/xxbet-company.com\/ja\/massachusetts-sports-betting-wont-start-soon-gaming-regulators-caution-public\/\" class=\"more-link\">&#8230;<\/a><\/p>","protected":false},"author":1,"featured_media":651,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/posts\/650"}],"collection":[{"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/comments?post=650"}],"version-history":[{"count":0,"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/posts\/650\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/media\/651"}],"wp:attachment":[{"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/media?parent=650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/categories?post=650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xxbet-company.com\/ja\/wp-json\/wp\/v2\/tags?post=650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}