Bill > S257

This bill establishes a framework for regulating sports wagering in Massachusetts. The key provisions include: - Authorizing the Massachusetts Gaming Commission to regulate and oversee sports wagering in the state. The Commission is granted broad authority to promulgate rules and regulations, issue licenses, collect fees and taxes, and enforce compliance. - Creating three categories of sports wagering licenses: Category 1 for gaming establishments, Category 2 for racetracks and certain other facilities, and Category 3 for interactive/mobile platforms. The bill outlines the requirements and application process for each license type. - Imposing a 15% tax on operators' adjusted gross sports wagering receipts, with the revenue going to the Sports Wagering Control Fund to cover the Commission's regulatory costs. - Establishing consumer protection provisions, such as prohibiting bets on collegiate and high school events, requiring operators to adopt house rules, and allowing self-exclusion. - Granting sports governing bodies the ability to request restrictions on certain types of wagers that may compromise the integrity of their events. - Outlining reporting requirements for operators related to unusual betting activity, potential corruption, and other suspicious behavior. - Establishing criminal penalties for unauthorized sports wagering operations. Overall, the bill aims to legalize and regulate sports betting in Massachusetts, while also promoting responsible gambling and protecting the integrity of sporting events.

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https://malegislature.gov/Bills/192/S257