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Bill > S231


MA S231

MA S231
Relative to sports wagering


summary

Introduced
01/22/2019
In Committee
01/22/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation relative to sports wagering. Economic Development and Emerging Technologies.

AI Summary

This bill amends the existing law in Massachusetts to allow Category 1 and Category 2 gaming licensees to conduct sports wagering, including through the use of mobile or other electronic platforms within the jurisdiction of the Commonwealth. The bill defines key terms such as "Gross sports wagering revenue," "Sports wagering," and "Sports wagering certificate." It also sets the tax rates for sports wagering revenue, with Category 1 licensees paying 6.75% and Category 2 licensees paying an additional 9% assessment to the Race Horse Development Fund.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Accompanied a new draft, see H4559 (on 03/12/2020)

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