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Bill > S254


MA S254

MA S254
Relative to sports betting


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

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

AI Summary

This bill legalizes and regulates sports betting in Massachusetts. It establishes the Massachusetts Gaming Commission as the regulatory authority over sports wagering, allowing the commission to issue three types of licenses: Category 1 licenses for gaming establishments, Category 2 licenses for racetracks and simulcast facilities, and Category 3 licenses for entities that have offered fantasy sports contests in the state. The bill imposes a 15% tax on sports wagering adjusted gross receipts, with some of the revenue directed to various funds, including the Workforce Investment Trust Fund, Distressed Restaurant Trust Fund, and Youth Development and Achievement Fund. The bill also includes provisions regarding sports wagering operations, including requirements for operators, prohibitions on certain individuals from placing bets, and penalties for illegal sports wagering.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Accompanied S269 (on 07/21/2021)

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