Massachusetts’ sports bettors are one step away from legal online wagering, while the major leagues are one step away from earning a cut of betting proceeds.
On Tuesday, the Massachusetts House of Representatives voted 156-3 in favor of Bill H.4879, An Act Enabling Partnerships for Growth. Among other economic opportunities, H.4879 would authorize legal online and land-based sports betting in the state. (View the bill in its entirety here, betting info starts on page 15.)
The bill, which now heads to the state senate for further debate before the current legislative session ends on Friday, envisions three categories of betting licenses: hybrid online/land-based betting for the state’s casino operators; in-person betting for state racetracks; and a ‘Category 3’ license for any Massachusetts-licensed fantasy sports operator that is also licensed for legal sports betting in at least two other US states.
In case anyone’s forgotten, Massachusetts is home turf for DFS-cum-betting monster DraftKings, while Flutter Entertainment’s FanDuel brand also meets those Category 3 criteria. In a unique step for US betting legislation, Massachusetts won’t require these operators to partner with a land-based operator to offer online betting.