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Industry
March 22, 2023
Massachusetts Introduces Voluntary Self-Exclusion Program
Massachusetts recently launched its own sports betting market. Retail wagering went live on January 31, followed by an online launch on March 10. As interest in sports bets grows, the state introduced a self-exclusion program for people who wish to shield themselves from gambling. The so-called Voluntary Self-Exclusion Program (VSE) is a statewide program that […]
Industry
March 14, 2023
GeoComply Recorded 8.1M Transactions at MA Online Sports Betting Launch
Massachusetts is poised to become a major online betting market, GeoComply said as it recorded more than 400,000 player accounts over the opening weekend. The state launched online sports betting on Friday, March 10, which represents a major development for the wagering sector. Massachusetts to Diligently Regulate Online Sports Betting With Massachusetts being one of […]
Industry
March 7, 2023
DraftKings Poised to Deliver a Successful Massachusetts Launch
An official press release revealed DraftKings’ plans for the 10 March Massachusetts online sports betting launch. The operator will utilize the next few days to the maximum, focusing on raising awareness of its imminent arrival in the Bay State via commercials and promotional events. Entering a new jurisdiction marks a significant milestone in DraftKings’ expansion […]
Sports
March 7, 2023
BetMGM Named Official Sports Betting Partner of the Red Sox
Sports betting and online gaming operator BetMGM announced it has entered into a partnership with Boston Red Sox to become an Official Sports Betting Partner of the MLB franchise from Massachusetts. ‘Elevate Gameday Experience’ The partnership with the Boston Red Sox marked the first agreement for BetMGM with a sports betting team from Massachusetts, while […]
Legal
March 3, 2023
Massachusetts Temporarily Allows Affiliate Agreements for Sportsbooks
Operators in the Bay State can rest easy after the Massachusetts Gaming Commission (MGC) voted 5-0 to waive some of the restrictions regarding affiliate agreements. The regulator carefully weighed the pros and cons of maintaining the current ban and decided that CPA and revenue-sharing models should exist within its jurisdiction, allowing for proper oversight. Affiliates […]
Sports
March 3, 2023
Better Collective Set for in Massachusetts Online Sports Betting Market
Better Collective’s products will be going online on March 10 along with the official launch of the state which will introduce remote sports betting products for the first time. The Bay State is expected to incite a strong interest among local residents in sports betting and potentially become one of the biggest states by sports […]
Industry
March 3, 2023
Analysis Suggests Why Some Operators in Massachusetts Withdrew
Second-tier sportsbooks will hardly reach profitability in Massachusetts at market maturity as they will need between 7% and 8% of the total market share to be profitable and this seems a steep climb for them. Doomed from the Launch? With the retail sports betting market in Massachusetts already live and the online sportsbooks less than […]
Industry
February 24, 2023
Massachusetts Regulator To Overrule the Ban on Sportsbook Affiliates
The Bay State’s current gambling laws prohibit revenue share and cost per acquisition (CPA) agreements, effectively curtailing all affiliate programs. However, the Commission appears to recognize the value of such arrangements and has agreed to hold talks with operators before putting the matter to vote. Sportsbooks like Caesars are known for their extensive affiliate programs, […]
Sports
February 24, 2023
PointsBet Decides against Launching Dedicated App in Massachusetts
The company is reportedly not ready to launch by the previously set date of March 10 which means that it will not be launching at all. MGC executive director Karen Wells said that the company is effectively withdrawing from Massachusetts because of missing that date. PointsBet Bows Out of Massachusetts Online Betting Race This means […]
Industry
February 24, 2023
MGC: MGM Springfield Accepts $1,200 in “Illegal Bets” on College Games
According to a meeting held on Thursday by the Massachusetts Gaming Commission (MGC), MGM Springfield had indeed accepted wagers incorrectly on two specific college games. The mistake happened after the property listed the university involved as an “out-of-state institution” which tricked its own systems and led to $1,200 in wagers placed on the outcome of […]
