Bill > H5164

This bill authorizes and regulates sports wagering in Massachusetts. Key provisions include: - Establishing a new chapter (Chapter 23N) to authorize and regulate sports wagering, including issuing licenses for different categories of operators (Category 1, 2, and 3) and setting rules for sports wagering operations, consumer protections, and data sharing. - Imposing an excise tax on sports wagering operators' adjusted gross receipts at a rate of 15% for in-person wagering and 20% for mobile/digital platforms. - Establishing the Sports Wagering Control Fund to finance the operational activities of the Massachusetts Gaming Commission related to sports wagering. - Requiring the Gaming Commission to conduct studies on the feasibility of retail sports wagering kiosks and the participation of minority, women, and veteran-owned businesses in the sports wagering industry. - Making various changes to existing laws to integrate the new sports wagering regulatory framework, such as clarifying the definition of "illegal gaming" and amending laws related to gaming, gambling, and advertising. The bill aims to authorize and regulate a legal sports wagering market in Massachusetts, while providing consumer protections and promoting diversity, equity, and inclusion in the industry.

Committee on Economic Development and Emerging Technologies (J), House Committee on Ways and Means (H)

https://malegislature.gov/Bills/192/H5164