Sat. Jun 29th, 2024

Massachusetts Sports Betting Bill Stalled After House Rejects Senate Changes

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The Massachusetts Lower Chamber of Representatives turned down the Senate’s change to the sweeping economic development legislation, a move that might allow for legal sports wagering in the state.

The House Committee on Finance and Taxation earlier this week put forward a bill to enhance the state’s “growth partnerships” and incorporated a range of actions.

These actions included a suggestion to permit sports wagering at physical locations, online, and on mobile devices, and incorporated several stipulations concerning licensing, taxation, and regulatory authority.

While the House approved the alteration to the bill, which included a 30% tax on gross revenue, the Senate later voted to replace the renumbered H.4887 with amendment S.2842, which eliminated the sports betting section, as well as provisions concerning online lottery sales.

Lawmakers suggested changes to incorporate sports wagering clauses into the legislation, but one was turned down and two others were taken back before the vote.

The legislation was returned to the lower chamber for unanimous approval yesterday (July 30) but was turned down, signifying the bill will be shelved in the House if no agreement can be reached. It must be finalized by today (July 31) or the state lawmaking session will conclude.

You can check out the complete report on the iGB North America website.

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By admin

This talented writer and mathematician holds a Ph.D. in Applied Mathematics and a Masters in Probability Theory. With a deep understanding of the intricacies of casino games, they have published numerous articles on game theory, probability, and combinatorics in relation to gambling. Their expertise in discrete mathematics and stochastic processes has made them a sought-after consultant for licensed casinos worldwide. Their articles, reviews, and news pieces provide valuable insights into the world of casino gaming.

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