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Latest MA Sports Betting Legislation Contains Significant Tax Hike and Prohibition on Live Betting

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New Massachusetts Sports Betting Proposal Includes Massive Tax Boost & Restriction on In-Play Betting

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Massachusetts sports betting might look completely various if a new costs proposed in the Senate achieves success. And if history is any sign, controlled sports betting in other states might likewise alter considerably.

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SD 1657 existed by Sen. John Keenan. “An Act Addressing Economic, Health, and Social Harms Caused by Sports Betting” aims to increase the present sports betting tax rate from 20% to 51%. In Addition, Sen. Keenan requires a complete ban on live betting (in-game wagering) and prop bets.

The main point to bear in mind is that Massachusetts has been at the leading edge of more stringent sports betting regulations. The 2nd thing to understand is that the language of this bill resembles the SAFE Bet Act, a federal piece of legislation presented in 2024.

This bill was presented not long after previous Massachusetts Governor and existing NCAA president Charlie Baker testified in front of the Senate in a meeting on sports betting regulation.

So, while this is presently a Massachusetts costs, it’s likely to affect other states that provide controlled sports betting.

A closer look at SD 1657

Taxation

Beginning with the tax rate increase, bringing sports betting to 51% has been a target for Sen. Keenan before. Keenan proposed a tax increase at the last legislative session, however it was rejected. This increase would have come in the state’s budget bill.

Only three markets have tax rates of 51%, the greatest in the nation: New York, Rhode Island, and New Hampshire. At 20%, Massachusetts currently ranks 6th greatest.

Banning live betting and prop betting

The measure prohibits in-play (live betting) or prop betting. Only straight wagers would be permitted, limiting sportsbooks to offering only moneyline, spread, and overalls.

While Massachusetts and other markets have restrictions on collegiate betting, this would affect even professional sporting events.

The costs likewise looks for to add benefits and same-game parlays to the category of “unreasonable and misleading practices.” Sportsbooks favour same-game parlays due to their high “hold” percentage, the quantity of cash they keep off each $1 wagered.

Gamer Limits

SD 1657 likewise aims to create compulsory day-to-day and regular monthly limitations for bettors. Bettors might not wager more than $1,000 a day and $10,000 a month without an ‘price assessment’ which involves checking checking account. A gamer can not wager more than 15% of the quantity in their account.

Massachusetts would end up being the very first market to need an affordability evaluation on bettors.

Advertising restrictions

Keenan also wants to eliminate advertising during televised sporting events. The step would forbid sportsbooks from running ads during video games. The Massachusetts Gaming Commission has actually looked into developing a ban on in-game ads before. However, this did not go through as national TV offers make this difficult to impose.

Will the measure pass?

The measure is severe in its modifications to the sports betting industry in Massachusetts. Banning prop betting and increasing the sports betting tax rate will likely lead to pushback from local sportsbooks and market supporters.

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Because of this, the step will likely be combated in the Senate and the House of Representatives. In the previous session, Keenan failed to raise the tax rate.

He would have to convince the other senators who did not support his initiative before to change their minds. If and when the Senate discusses this procedure, it is difficult to tell how it will be received.

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