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Massachusetts Online Sports Betting Updates
Massachusetts Online Sports Betting
Though an initial bill has been passed and signed, Massachusetts online sports betting is not yet legal. There has been a big push in 2022 with five bills having been introduced and will be continuously debated within committees. Several details need to be hammered out, like how many licenses will be granted and whether betting on college sports will be allowed, but with the biggest sportsbook operator in the U.S. (DraftKings) headquartered in Boston, we can expect the pace to pick up soon.
In the meantime, MA residents that may be itching for that betting fix can at least play Daily Fantasy Sports (DFS) through Parlayplay or MonkeyKnifeFight. These up and coming DFS providers offer users a sleek and easy to use interface. Users can bet on their favorite players across a variety of sports leagues. Users pick over/under totals for players from their favorite teams like the Boston Celtics, The Boston Red Sox, or New England Patriots.
Online Sportsbooks Expected to Launch in Mass:
- BetRivers Sportsbook
- WynnBET Sportsbook
Mass Sports Betting History
Massachusetts Gov. Charlie Baker and bipartisan members of the Democratic-heavy legislature have floated several sports betting legalization bills in the three years since the Supreme Court struck down the federal wagering ban. None of the aforementioned have gained serious traction until the house unanimously approved the June 2021 sports betting bill. The most recent committee session in January 2022 also ended with disagreements on whether betting on college sports would be allowed. Massachusetts policymakers have had to weigh a myriad of growing and influential gaming interests, starting with the nation’s most lucrative per capita state lottery and continuing with the more recent launch of full-scale commercial casino resorts. Casino operators and sportsbooks will fight for access to the region’s most populated state. In addition, several national sportsbook brands have already expressed interest in the Bay State:
DraftKings: The Boston-based fantasy turned sports betting/casino giant would undoubtedly fight to keep market preeminence in its home state. The company already pays a national-high 51% of gross gaming revenue to MA neighbor New Hampshire in exchange for market monopoly.
FanDuel: New York-based FanDuel Sportsbook would not take another Northeastern market shutout lightly so expect them to be in the thick of bidding for licensing.
Penn National: The company’s Barstool Sports brand, led by MA native Dave Portnoy, rose to national prominence from it’s MA headquarters. The company’s Plainridge Park harness race track and slot parlor also gives it a brick-and-mortar.
MGM: Since opening its Springfield casino next to the Professional Basketball Hall of Fame several years ago, MGM has aggressively expanded its BetMGM app in nearly every other possible market. It would undoubtedly look to grow its already sizable Massachusetts casino investment with a retail and digital sportsbook.
Wynn: Encore Boston Harbor seeks to be the most prominent gaming option in the region’s most populated metropolis. Its newly launched WynnBet sportsbook app would be another piece of that mission.
Massachusetts has higher-than-average household incomes and education levels, both factors that positively correlate with sports betting interest. That, plus some of the nation’s most iconic and beloved professional sports teams, creates one of the most coveted potential U.S. markets. Notably, Massachusetts’ most prominent universities oppose college betting in a state where many still remember the Boston College point-shaving scandal of the late 1970’s. Though industry stakeholders argue college betting prohibitions just fuel the black market, college betting remains another contention point helping to stall the bill.