Industry
March 3, 2023
Analysis Suggests Why Some Operators in Massachusetts Withdrew
Second-tier sportsbooks will hardly reach profitability in Massachusetts at market maturity as they will need between 7% and 8% of the total market share to be profitable and this seems a steep climb for them. Doomed from the Launch? With the retail sports betting market in Massachusetts already live and the online sportsbooks less than […]
Industry
February 24, 2023
Massachusetts Regulator To Overrule the Ban on Sportsbook Affiliates
The Bay State’s current gambling laws prohibit revenue share and cost per acquisition (CPA) agreements, effectively curtailing all affiliate programs. However, the Commission appears to recognize the value of such arrangements and has agreed to hold talks with operators before putting the matter to vote. Sportsbooks like Caesars are known for their extensive affiliate programs, […]
Sports
February 24, 2023
PointsBet Decides against Launching Dedicated App in Massachusetts
The company is reportedly not ready to launch by the previously set date of March 10 which means that it will not be launching at all. MGC executive director Karen Wells said that the company is effectively withdrawing from Massachusetts because of missing that date. PointsBet Bows Out of Massachusetts Online Betting Race This means […]
Industry
February 24, 2023
MGC: MGM Springfield Accepts $1,200 in “Illegal Bets” on College Games
According to a meeting held on Thursday by the Massachusetts Gaming Commission (MGC), MGM Springfield had indeed accepted wagers incorrectly on two specific college games. The mistake happened after the property listed the university involved as an “out-of-state institution” which tricked its own systems and led to $1,200 in wagers placed on the outcome of […]
Casino
February 22, 2023
Caesars Sportsbook Goes Live ahead of Massachusetts Market Launch
Caesars Entertainment announced that starting today fans of sports betting in Massachusetts can download the Caesars Sportsbook app and take advantage of a special early sign-up offer. Mobile and Retail Sportsbook The launch of the Caesars Sportsbook app is offering bettors a glimpse of its functionalities, including a variety of deposit and payout options, user-friendly […]
Industry
February 15, 2023
Massachusetts Regulator Tackles Its First Operator Violations
The incidents happened within the first two weeks of legal sports betting in the Bay State, showcasing the significant challenges standing before the Massachusetts Gaming Commission. However, they will also be a valuable opportunity to test its compliance procedures. With mobile betting launching in less than a month, the regulator must set the right tone […]
Casino
February 10, 2023
Massachusetts Approves Encore Boston Harbor Expansion
Wynn Resorts – Encore’s operator – received MGC’s blessing to construct a new building right across the street from its current integrated casino. The new plans include a variety of fresh offers, including sports betting, thanks to Massachusetts legalizing it recently. Expansion Plans Get Green Light The MGC approved the expansion on Wednesday after a […]
Sports
February 10, 2023
Massachusetts Gambling Regulator Examines College Sports-Related Breaches
According to the Massachusetts Gambling Commission (MGC) this is a breach of existing gambling rules, but it’s not yet clear whether the sportsbooks that accepted those wagers would suffer any penalty. Self-Reported Offenses Demonstrate Goodwill The MGC is also on a tight schedule to make mobile sports betting available by March 10, with the Bay […]
Legal
February 6, 2023
Court Orders Ex-tribal Leader to Pay Restitution over Bribery
On Thursday, the US Attorney’s Office, District of Massachusetts, ordered Cedric Cromwell, who used to hold the position of a chair of the Mashpee Wampanoags, a Native American tribe, was ordered to pay restitution of $209,687.54 to the Tribe. The latest announcement reveals that while Cromwell was a part of the leadership of the Tribe, […]
Casino
February 2, 2023
Genius Sports Receives 12-Month Vendor License in Massachusetts
The Bay State has approved the company as an official supplier of products in the newly-regulated sports gambling market. This will help Genius Sports establish its cutting-edge products and operations in yet another US state, but also help bolster the local sports betting ecosystem at the same time. Everyone Stands to Benefit from Genius Sports’ […]
