The study linked sports betting to “a large decrease” in deposits to brokerage accounts, accompanied by “decreased credit availability, increased credit card debt, and a higher incidence rate of overdrawing bank accounts.”
Gambling
Posted inGambling
Mass. Gaming Commission studying online casino games, AI use
The Massachusetts Gaming Commission is trying to get its arms around the technological future of gambling – seeking bids for research into the potential impacts of “iGaming” and the use of artificial intelligence in the gaming industry.
Posted inBy The Numbers
Poll indicates young people aren’t betting on sports as much as feared
One year into legalized sports gambling and growing concern about its impact on the young, a new CommonWealth Beacon/GBH News poll doesn’t paint a clear-cut apocalyptic picture.
Posted inGambling
Lottery hits jackpot on all fronts
STATE HOUSE NEWS SERVICE IN THE FISCAL YEAR that ended June 30, the Massachusetts Lottery brought in more revenue than ever before, paid out more in prizes than any previous […]
Posted inEconomy
A race to keep up – or to the bottom?
MARCH WAS “Problem Gambling Awareness Month” in Massachusetts, but for those in charge of the state lottery the gambling problem coming into the new year was that people weren’t doing […]
Posted inEconomy
A race to keep up – or to the bottom? Lottery bets big on $50 scratch ticket, online games.
MARCH WAS “Problem Gambling Awareness Month” in Massachusetts, but for those in charge of the state lottery the gambling problem coming into the new year was that people weren’t doing […]
Posted inGambling
Gaming Commission asks feds to shut down illegal gambling
GAMBLERS IN MASSACHUSETTS have a full menu of wagering options to choose from these days: physical casinos, sports betting in person or online, and the state lottery, which some officials […]
Posted inGambling
Sports betting regulators confront licensing quirks
THERE’S AN ODD quirk in the law legalizing sports betting in Massachusetts. The Massachusetts Gaming Commission is allowed to license seven mobile sports betting apps, in addition to mobile apps […]
Posted inGambling
A loud lament over the latest gambling embrace by state leaders
THERE WERE WHOOPS AND HOLLERS from DraftKings, the state’s casinos, and lawmakers as the state legalized sports betting earlier this month. For Les Bernal, it was not a moment to […]
Posted inGambling
Questions continue on lack of sports betting roll call in Senate
STATE HOUSE NEWS SERVICE SENATE PRESIDENT Karen Spilka on Monday defended the Senate’s decision to pass legislation legalizing sports betting without making individual senators’ votes known. Spilka for weeks had […]
Posted inGambling
Senate passes sports betting on voice vote
STATE HOUSE NEWS SERVICE AFTER YEARS OF DISCUSSION and pressure from both inside and outside the State House, the Massachusetts Senate voted Thursday to legalize sports wagering, but lawmakers will […]
Posted inGambling
Lottery executive director leaving after 7 years
STATE HOUSE NEWS SERVICE THE EXECUTIVE DIRECTOR who has steered the Massachusetts Lottery through its most profitable years and pushed to modernize the agency is departing next month for a […]
Posted inGambling, Transportation
Legislation on the move: Sports betting, T governance, vote-by-mail
THE MASSACHUSETTS HOUSE teed up a bill authorizing sports betting for debate on Thursday, marking the second time the House will weigh in on the policy. Lawmakers have been discussing […]
Posted inGambling
Vaccinations slow despite Vax Giveaway
DESPITE THE LURE of millions of dollars in prize money with the Massachusetts Vax Millions Giveaway, the number of people getting vaccinated against COVID-19 in Massachusetts keeps dropping. In the […]
Posted inGambling
VaxMillions not driving up shots yet
THE NEW VaxMillions lottery so far isn’t driving up the rate of COVID-19 vaccinations in Massachusetts. In the week before Gov. Charlie Baker announced the lottery on June 15, 175,071 […]
Posted inGambling
State launches $1m Lottery game to promote vaccinations
STILL ON THE fence about getting vaccinated? Starting July 1 a Massachusetts vaccine card could be worth $1 million. Gov. Charlie Baker announced on Tuesday the launch of VaxMillions, a […]
Posted inGambling
Is state primed for sports betting?
WHEN THE MASSACHUSETTS LEGISLATURE held a two-day hearing on sports betting legislation in 2019, the games had only been legal nationwide for about a year, and fewer than a dozen […]
Posted inEconomy
House releases sports betting bill
CONSIDER ITS UNCERTAIN ODDS as falling somewhere between a Hail Mary pass and a slam dunk. With a week left before the scheduled end of the legislative session, the Massachusetts House […]
Posted inOpinion
Don’t pull the plug on thoroughbreds
IN THE HEYDAY of thoroughbred racing in New England in the 1970s, you could watch live thoroughbred racing at 10 different racing venues, including seven fairground racetracks from Great Barrington […]
Posted inGambling
COVID-era casinos will feature temperature checks, masks
THE NEXT TIME patrons walk into a Massachusetts casino, they may have their temperature checked at the door and be handed a facemask. When a patron sits down at the […]
Posted inEconomy
Virus notes: Budget roundtable tripped up by livestream failure
IT WAS AN inauspicious start to the effort to reckon with the devastating effects of the coronavirus pandemic on state revenue and the implications for the current fiscal year as […]
Posted inGambling
Nangle arrest casts shadow on casino buy-in
WHEN MASSACHUSETTS ROLLED the dice in in 2011 and decided to join the casino bandwagon, it was certain that stories would eventually surface of lives ruined by the lure of legalized […]
Posted inThe Download
Nangle arrest casts shadow on casino buy-in
When the state rolled the dice in 2011 and decided to join the casino bandwagon, it was certain that stories would eventually surface of lives ruined by the lure of […]
Posted inGambling
DeLeo calls Nangle allegations ‘serious and troubling’
HOUSE SPEAKER Robert DeLeo said Tuesday that the allegations against Rep. David Nangle, a member of his Democratic leadership team, are “serious and troubling and, if true, represent a significant […]