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Tag: Massachusetts

September 11, 2024

Bet limits discussion in Massachusetts reveals disconnect between regulator, operators

The Massachusetts Gaming Commission (MGC) led a nearly three-hour discussion about bet limits on Wednesday (11 September). It was the second attempt at doing so after most operators stood the commission up in the spring.
The meeting revealed a disconnect between operators, regulators, consumers and responsible gaming advocates about how or if a regulator should have a hand in how operators manage risk.

Every operator live in Massachusetts participated in the meeting. The last time, only Bally’s, which wasn’t yet live with Bally Bet, attended.

Statement from DraftKings on decision to not participate in Massachusetts Gaming Commission roundtable on practice of limiting bettors: pic.twitter.com/thbltgu8jc
— David Payne Purdum (@DavidPurdum) May 21, 2024

In addition, there was a panel of stakeholders, ranging from a bettor/journalist to responsible gaming advocates to those with experience running casinos and sportsbooks. The conversation centred on how and why bettors may be limited…

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July 2, 2024

Bally Bet now live in Bay State

Bally Bet launched in its seventh state on Tuesday (2 July). The operator joins six other national sports betting platforms in Massachusetts.

Seven seems to be the lucky number for the launch – not only did Bally Bet launch in its seventh state, it is the seventh live operator in Massachusetts. The state at one point had eight platforms live, but Betr and WynnBet exited the market earlier this year. That left BetMGM, Caesars Sportsbook, DraftKings, ESPN Bet, Fanatics Sportsbook and FanDuel.

Under Massachusetts law, there can be a maximum of 17 platforms. Operators can partner with existing casinos or horse racetracks, or apply for a stand-alone mobile licence. BetMGM (MGM Springfield) and ESPN Bet (Plainridge Park) are tethered to casinos. WynnBet was tethered to Encore Boston Harbor, but that licence is no longer in use since WynnBet shuttered.

Bally Bet was among the first group of digital wagering platforms to be licensed in Massachusetts. The company decided not participate i..

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July 1, 2024

Bally Bet to launch 2 July in Massachusetts; VSC goes live in Maryland

On Monday (1 July) the Massachusetts Gaming Commission announced that Bally Bet has plans to launch Tuesday (2 July). The commission approved Bally's application for its operations certificate, clearing the way for that launch.

The MGC revealed that Bally Bet plans to launch at 11am local time on Tuesday.

Bally Bet has had its temporary licence for about 18 months and is the last of the operators approved for a 2023 launch to do so. After Betr and WynnBet exited Massachusetts earlier this year, Bally Bet will provide a seventh betting option for those in the state.

Bally Bet opted to sit out the universal launch on 10 March 2023 and renewed its temporary licence earlier this year at a cost of $1m.

“Congratulations to Bally’s, thank you for being another legal operator in the market,” MGC chairman Jordan Maynard said. The commission unanimously agreed to issue Bally’s Interactive with its operations certificate.

Bally Bet will join BetMGM, Caesars Spo..

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March 30, 2023

Paysafe enters Massachusetts market

UK-based payments platform Paysafe expands into the Massachusetts mobile sports-betting market.

This announcement makes Massachusetts the the 26th US state in which Paysafe offers its solutions to operators.

With this expansion also comes the extension of multiple partnerships which the payment supplier has with US operators.

DraftKings and Paysafe have a 10-year partnership spanning 21 states, which will continue in the Bay State. Additionally, the payment supplier’s 11-year, 21-state partnership with Caesars Entertainment will also remain.

Zak Cutler, president of global gaming at Paysafe, commented on his enthusiasm towards the expansion: “We’re excited to expand into Massachusetts, my home state and an important milestone in the evolution of the US igaming industry, with its passionate sports culture and pivotal industry role in the development of daily fantasy sports and now sports betting.

“We’re also proud to extend our longstanding relationships with several major spo..

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