The Massachusetts Gaming Commission has started a public review of applications for sports betting licenses. A broad range of public meetings will be held through December and January. With the aim of looking at applications and allowing the public to comment.
In early September, Sports betting stakeholders showed interest in the Massachusetts market by applying before the state became legal for sportsbooks. DraftKings, WynnBet, and PointsBet were among the leading US sports betting operators that expressed interest in a Massachusetts sports betting license.
Afterward, in mid-October, Massachusetts Gaming Commission (MGC) confirmed that it had recruited two external companies to launch sports betting in January. US-based management consultancy company RSM US will help with the background checks of prospective sportsbook license applicants.
Updates on Massachusetts sports betting
In the current meetings, each applicant will present their case to the commission and receive questions from the commissioners. Public meetings will also review the Category 3 Sports Wagering Licence applications tethered to a Category 1 license on December 13-14 and December 19-20. Additionally, Category 3 Sports Wagering Licence applications will be reviewed at public meetings scheduled for January. There were 15 applications last week, three for a Category 1 license, five for Category 3 licenses that use theCategory 1 license, and six for stand-alone Category 3 licenses.
The first category applications have come from Encore Boston Harbor, MGM Springfield, and Plainridge Park Casino. They wish to offer in-person wagering at their properties and on up to two online platforms. Encore Boston Harbour intends to operate two online platforms, WynnBet and Caesars Sportsbook. And additionally, MGM Springfield plans to set BetMGM up in Massachusetts. And Penn Sports Interactive and Fanatics Sportsbooks are the planned online offerings from Plainridge Park Casino.
DraftKings, FanDuel, and Bally Bet are among the six applicants to have gone for Category 3 licenses, with Massachusetts commissioners aiming to launch online wagering in March after in-person betting at Category 1 establishments in January. Raynham Park and Suffolk Downs are both eligible for a Category 2 license. They have confirmed their application but are not prepared to go live with in-person betting in January.
Source: intergameonline.com
Click here and read more about Massachusetts’ journey towards legal sports betting.
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