{"id":4859,"date":"2022-08-18T00:00:00","date_gmt":"2022-08-18T00:00:00","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/america\/massachusetts-gives-it-bless-to-sports-betting\/"},"modified":"2022-08-18T00:00:00","modified_gmt":"2022-08-18T00:00:00","slug":"massachusetts-gives-it-bless-to-sports-betting","status":"publish","type":"america","link":"https:\/\/www.mundovideo.com.co\/en\/america\/massachusetts-gives-it-bless-to-sports-betting\/","title":{"rendered":"Massachusetts gives it bless to sports betting"},"content":{"rendered":"<p><span style=\"color:#000000\"><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">Massachusetts lawmakers have reached a&nbsp;compromise&nbsp;on a bill authorizing&nbsp;sports betting&nbsp;in the state. The deal was reached early on Monday morning with formal sessions passing Sunday&rsquo;s midnight deadline. <\/span><\/span><\/span><\/p>\n<p><span style=\"color:#000000\"><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">Governor Charlie Baker (pictured), who has expressed support for sports betting legalization, now has 10 days to act on the Massachusetts Sports Wagering Act.&nbsp;<\/span><\/span><\/span><\/p>\n<p><span style=\"color:#000000\"><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">The&nbsp;Sports Betting Conference Committee&nbsp;began working last month to try to find a sports betting bill that both chambers could agree on after the&nbsp;Massachusetts Senate&nbsp;and the&nbsp;<a href=\"https:\/\/focusgn.com\/massachusetts-house-passes-sports-betting-bill\" target=\"_blank\" rel=\"noopener\">Massachusetts House of Representatives<\/a>&nbsp;each passed different bills. They&rsquo;ve finally agreed on legislation that would allow wagering on both professional and collegiate sports.<\/span><\/span><\/span><\/p>\n<p><span style=\"color:#000000\"><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">Speaker&nbsp;Ron Mariano&nbsp;wrote on Twitter: &ldquo;<\/span><\/span><\/span><span style=\"color:#000000\"><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"><em>I am proud to announce that the Sports Betting Conference Committee has reached an agreement on legislation that will legalize wagering on professional and collegiate sports in Massachusetts, bringing the immense economic benefits of a legal sports betting industry to MA,&rdquo;<\/em><\/span><\/span><\/span><\/p>\n<p><span style=\"color:#000000\"><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">The 50-page bill says wagers placed at retail locations, such as casinos, will be taxed at&nbsp;15 per cent&nbsp;and mobile bets will be taxed at&nbsp;20 per cent. People will be able to bet on college sports but only on games that&nbsp;do not include Massachusetts schools&nbsp;unless the teams are taking part in a collegiate tournament like March Madness. Bettors must be 21 and will not be able to use a credit card to place bets.<\/span><\/span><\/span><\/p>\n<p><span style=\"color:#000000\"><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">DraftKings CEO Jason Robins&nbsp;said in a statement<\/span><\/span><\/span><span style=\"color:#000000\"><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\"><em>: &ldquo;We are thrilled that our home state has acted to protect consumers, create jobs and grow revenue in the commonwealth. We are hopeful that the legislature will move to quickly pass this and Governor Baker will sign it into law.&rdquo;<\/em><\/span><\/span><\/span><\/p>\n<p><span style=\"color:#000000\"><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">According to some estimates, legal sports betting could bring an&nbsp;additional $35m in revenue&nbsp;to Massachusetts.<\/span><\/span><\/span><\/p>\n<p><span style=\"color:#000000\"><span style=\"font-family:Arial,serif\"><span style=\"font-size:large\">No Copyright infringement intended. Video\/Photo Unknown Direct for credits\/issue or text us +57 3606412 &#8230;&nbsp;| Respect to Photographers &amp; Influencers<\/span><\/span><\/span><\/p>\n<p>\n&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Governor Charlie Baker (pictured), who has expressed support for sports betting legalization, now has 10 days to act on the Massachusetts Sports Wagering Act.<\/p>\n","protected":false},"author":1,"featured_media":4860,"menu_order":393,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[1421,2025,2026],"class_list":{"0":"post-4859","1":"america","2":"type-america","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-draftking","8":"tag-massachusetts-governor","9":"tag-sports-bettings","10":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - 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