Impressive range of bonuses
1 of the world's top sportsbooks
Promo Code WSN365
$1,000 Safety Net Bet OR $150 in Bonus Bets
21+ and present in OH. Gambling Problem? Call 1-800-GAMBLER
For the last few years, Massachusetts lawmakers have refused to pass sports betting law in their state despite heavy indications that residents their desire access to that type of legal market, the latest sign being a total willingness to travel to New Hampshire to place their bets.
That happened in a big way for Super Bowl LVI last weekend, and DraftKings was quick to tell the world that over a fourth of the Big Game wagers placed in the Granite State were by traveling Massachusetts residents, saying in a recent statement:
Approximately 26% of our New Hampshire bettors wagering on the Super Bowl had Massachusetts addresses.
Whoops – that’s a lot of lost revenue that the Codfish State just missed out on in the form of taxable sportsbook income that is now going to benefit their neighbors in the north instead of helping worthy causes back home.
One pro-sports betting MA state Senator, Eric Lesser, who is now running for lieutenant governor, understands the inevitability of a Massachusetts legal sports betting market and told the media that until that happens, they will continue to lose potential money, saying:
When you see numbers like this, it shows Massachusetts residents are actively betting on sports right now but being done in a way that the state has limited ability to capture for our own benefit.
And it’s not just New Hampshire that is benefitting from MA’s refusal to join in.
Massachusetts is bordered by five other states, and four of them – New Hampshire, New York, Connecticut, and Rhode Island – all have some form of a legal sports betting market, with only Vermont not participating in the sports betting movement that is sweeping the U.S.
It’s a recent trend that started once the U.S. Supreme Court overturned PASPA back in May 2018, a move that essentially allowed each state to decide whether it wants to create its own legal sports betting market for residents, with 30+ states already doing just that.
Says Senator Lesser:
“Massachusetts is a small state geographically and essentially all our bordering states all have both brick and mortar and digital betting products, and they are all seeing high levels of cross border traffic from Massachusetts residents.”
It’s not like some Massachusetts legislators haven’t tried to make a change.
Since 2018, Massachusetts lawmakers have attempted to introduce and pass three sports betting bills, each getting Governor Charlie Baker’s verbal support, but though the House of Representatives have passed that legislation, it always gets stalled in the state Senate.
In fact, Senate President Karen Spilka has refused to bring these bills up for debate claiming that there is not enough support among senators to get enough votes to move forward, but with so many state residents spending their gambling money elsewhere, it could be time to start having some serious discussions.
House Speaker Ron Mariano gets it, saying:
The House has repeatedly passed legislation that would not only legalize sports betting but also direct the estimated $70-80 million in initial licensing fees and $60 million in annual tax revenue towards investments in our workforce, youth development, and local aid. We have a real opportunity to take long overdue action. We shouldn’t waste it any longer.
It’s lost money that could be redirected homewards, and that is a missed financial opportunity that Massachusetts voters should be allowed to change.
Impressive range of bonuses
1 of the world's top sportsbooks
Promo Code WSN365
$1,000 Safety Net Bet OR $150 in Bonus Bets
21+ and present in OH. Gambling Problem? Call 1-800-GAMBLER
New Ohio Bill Proposes Lowing Tax for Sports Betting Operators
5 hours ago | Michael SavioDC Attorney General Opens Investigation Into Failed GamebetDC
1 day ago | Michael SavioBill to Raise Tax for Louisiana Sports Betting Operators Paused
2 days ago | Michael Savio
We support responsible gambling. Gambling can be addictive, please play responsibly. If you need help, call
1-800-Gambler.
WSN.com is managed by Gentoo Media. Unless declared otherwise, all of the visible content on this site, such
as texts and images, including the brand name and logo, belongs to Innovation Labs Limited (a Gentoo Media
company) - Company Registration Number C44130, VAT ID: MT18874732, @GIG Beach Triq id-Dragunara, St.
Julians, STJ3148, Malta.
Advertising Disclosure: WSN.com contains links to partner websites. When a visitor to our website clicks on
one of these links and makes a purchase at a partner site, World Sports Network is paid a commission.
Copyright © 2024