Massachusetts News
Massachusetts Gaming Commission Votes to Hold Hearing over ESPN Bet Violation
By: Michael SavioThe Massachusetts Gaming Commission has voted hold a hearing with ESPN and PENN over a March incident where an on-air personality promoted a bet as being a “risk-free investment.” This marks the second time a PENN sportsbook has committed this violation in Massachusetts.
06/07/2024
IndustryMassachusetts Decides Against Tax Hike for Sports Betting Operators
By: Michael SavioMassachusetts has officially rejected a recent proposal that would have raised the tax rate for online sportsbooks from 20% to 51%. The increased rate would have tied them with New York for the highest in the country, despite having a smaller market.
05/24/2024
IndustryEncore Boston Harbor Fined $40,000 for Accepting Illegal College Sports Bets
By: Grant MitchellEncore Boston Harbor was fined $40,000 by the Massachusetts Gaming Commission (MGC) for allowing users to place bets on Boston College women’s basketball last year. That was the second time since July the casino was fined for the same infraction.
02/27/2024
IndustryMassachusetts Delays DraftKings’ Hearing After New Evidence Unearthed
By: Grant MitchellThe meeting was set to discuss DraftKings illegally allowing customers to deposit funds into their accounts through the use of credit cards, which is illegal according to the state’s gaming laws. Users were able to deposit funds via credit card from March 10, 2023, through July 13, 2023.
02/15/2024
IndustryESPN Bet Flourishes in Massachusetts During Record-Setting Month
By: Grant MitchellESPN Bet launched in late 2023 with the goal of acquiring a 10% market share and challenging the “Big Four” operators within the first three years of operation. After one full month in Massachusetts, the new legal sports betting platform is already one of the top three operators.
01/19/2024
IndustryNBA Free Agency: Jaylen Brown Lands Biggest Contract in NBA History
By: Michael SavioJaylen Brown put an end to speculation about his future by signing the largest contract in NBA history to stay with the Celtics. We’re breaking down the deal as well as sharing how bookmakers view Boston’s championship hopes with the star locked in.
07/27/2023
NewsNBA Offseason: Exploring the Top Three Betting Favorites to Land Damian Lillard
By: Michael SavioDamian Lillard has officially requested to be traded so we are reviewing the top three betting favorites to land the generational talent. We’ll cover the odds for each, why the trade makes sense, and what issues could cost them.
07/07/2023
NewsNBA Offseason: 2024 Championship Odds After an Active Start to the Offseason
By: Michael SavioThe 2023 offseason has been off to an exciting start that has changed the NBA landscape already. We’re breaking down the new odds for the top five favorites to help you identify the best possible bet for next year’s NBA Championship.
06/27/2023
NewsMassachusetts Regulators Encourage Crackdown on Offshore Sports Betting Sites
By: Grant MitchellMassachusetts legalized retail sports betting on January 31 and less than three months after it launched online sports betting on March 10. Members that were present during the meeting unanimously voted to send a letter that asked for an investigation of offshore sites to U.S. Attorney General Merrick Garland.
06/01/2023
NewsMLB Betting: The Three Most Profitable Starting Pitchers of 2023
By: Michael SavioWe are breaking down the three most profitable pitchers from a baseball betting perspective this season. We’re looking at why they have been successful, what their profits are, and what to expect from them for the remainder of the 2023 season.
05/25/2023
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