summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislation relative to gaming. Economic Development and Emerging Technologies.
AI Summary
This bill proposes to expand gaming in Massachusetts by legalizing sports betting and online sports betting. The key provisions include:
- Defining terms related to sports betting, such as "sports pool," "online sports pool," and "sports wagering license."
- Authorizing the Massachusetts Gaming Commission to issue sports wagering licenses to existing gaming licensees, with requirements for minimum licensing fees and application fees.
- Establishing regulations for the operation of sports betting, including restrictions on who can participate and requirements for record-keeping and reporting.
- Imposing a 10% tax on sports betting revenue and a 12.5% tax on online sports betting revenue, with the proceeds going to the Gaming Local Aid Fund.
- Assessing an annual $1 million fee on sports wagering licensees that are not category 1 or category 2 gaming licensees.
- Requiring the Gaming Commission to assess the impacts of sports betting on individuals, families, businesses, social institutions, and the economy.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Accompanied S269 (on 07/21/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://malegislature.gov/Bills/192/S281 |
Bill | https://malegislature.gov/Bills/192/S281.pdf |
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