Bettors set their own record last month by putting about $678.75 million on the line as wagers on September sporting events. That unseats the previous record monthly handle of $658.7 million wagered on events in December 2023.
Sports betting
Posted inBy The Numbers
Sports betting is soaking ‘financially constrained’ households
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.”
Posted inGambling
Addiction in mind, Mass Gaming officials mull stricter advertising regulations
Researcher Rachel Volberg advised restricting celebrity endorsements to reduce their appeal to young people and problem gamblers. Volberg emphasized the importance of monitoring emerging forms of advertising on social media platforms, which can be more insidious and harder to regulate.
Posted inGambling
Mass. residents placed $568m in sports bets in March
MASSACHUSETTS RESIDENTS placed $568 million in legal sports bets in March, with 77 percent of the money wagered with DraftKings and FanDuel. March was the first month where the state’s […]
Posted inGambling
Gaming Commission rejects bid to bet on Boston Marathon
STATE HOUSE NEWS SERVICE LEGAL BETTING will not be allowed in Massachusetts on this year’s Boston Marathon after a request from DraftKings to take wagers was met with opposition from […]
Posted inGambling
Sports betting opens with big bang
STATE HOUSE NEWS SERVICE MORE THAN 400,000 mobile sports betting accounts were active during the first three days online was available in Massachusetts and more than 8 million transactions took place, […]
Posted inGambling
Start dates for in-person sports betting set
STATE HOUSE NEWS SERVICE THE GAMING COMMISSION on Thursday narrowed the launch date for in-person sports betting in Massachusetts and it appears as if the first bets could be placed […]
Posted inGambling
Sports betting could start in late Jan., maybe
STATE HOUSE NEWS SERVICE AN EMERGENCY MEETING called Friday was still not enough for the members of the Gaming Commission to agree on actual dates for the potential launch of […]
Posted inThe Download
Gaming Commission struggling with when to launch sports betting
One advantage Massachusetts has in being late to legalize sports betting – 36th according to the American Gaming Commission – is it can learn from other states on how to […]
Posted inGambling
Gaming Commission struggling with when to launch sports betting
ONE ADVANTAGE Massachusetts has in being late to legalize sports betting – 36th according to the American Gaming Commission – is it can learn from other states on how to […]
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
Casinos ready to go on sports betting
AT A MEETING a meeting of the Massachusetts Gaming Commission on Thursday, the message from the state’s three casinos was clear: We’re ready to roll. To roll out sports betting, […]
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
Let the betting begin – in a number of months
GOV. CHARLIE BAKER on Wednesday signed a law legalizing sports betting in Massachusetts, joining more than 30 other states that have authorized sports betting since the US Supreme Court overturned […]
Posted inOpinion
Roadmap to go on sports betting
MAY 14 MARKED the four-year anniversary of the US Supreme Court’s decision that struck down the federal ban on state-authorized sports betting. For four years, Massachusetts – home to one […]
Posted inOpinion
We see sports betting, financial literacy connection
SPORTS BETTING is coming to a town and phone near you. Whether you are on the side of those who want to bring sports betting out of the shadows, like […]
Posted inThe Download
Some tidbits on Senate’s sports betting non-vote
In what may be the ultimate inside story on Beacon Hill, new details are starting to emerge on why the Senate dispensed with a final roll call vote on sports […]
Posted inUncategorized
Some tidbits on Senate’s sports betting non-vote
IN WHAT MAY BE the ultimate inside story on Beacon Hill, new details are starting to emerge on why the Senate dispensed with a final roll call vote on sports […]
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 inThe Download
Lesser says ‘broad consensus’ explains sports betting voice vote
In a highly unusual move, the Massachusetts Senate on Thursday voted for a bill legalizing sports betting by voice vote – sparing individual senators the need to record their position […]
Posted inGambling
Lesser says ‘broad consensus’ explains sports betting voice vote
IN A HIGHLY UNUSUAL MOVE, the Massachusetts Senate on Thursday voted for a bill legalizing sports betting by voice vote – sparing individual senators the need to record their position […]
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
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 […]