The Massachusetts Gaming Commission (MGC) has confirmed the launch of in-person sports betting in the state, a move that is predicted to lead the way for online sports betting regulation. Residents of Massachusetts will have a selection of retail betting options available to them as of January 31st.
Residents in Massachusetts will be delighted with the timing of the new regulations. The market will open at 10 am on January 31st, a little under two weeks before the Super Bowl on February 12th. This is one of the most popular betting markets in the US sporting calendar and enthusiastic bettors in the Bay State will now be able to bet on the event legally for the first time.
This event will also be followed by March Madness just a few weeks later. This is another hugely popular betting period in the States and will no doubt help the new market get off to a flying start.
Initial discussions had suggested January 30th as the launch date, but the 31st was eventually agreed upon. Cathay Judd-Stein, the Chair of the MGC, and Karen Wells, the Executive Director outlined the next steps in the launch during the meeting.
The launch of sports betting in Massachusetts has been closely monitored within the industry, and casinos in the state have already started lining up with third-party operators. Boston Harbour has announced a partnership with Caesars Sportsbook, while Plainridge Park Casino will continue a partnership it has with Penn Sports Interactive and Barstool. MGM Springfield will continue to supply sports betting services with BetMGM.
These are all well-established names that will bring a selection of great betting services to players in the state. Given the immediacy of the launch, it is likely that other operators will express interest and seek licensing in the state in the near future.
Massachusetts has a population of around six million, making it one of the 20 most populous states in the country. It is also one of the richest states in the country, something that is not going to go unnoticed by potential operators.
The launch of retail-based sports betting in Massachusetts will accelerate talks around online sports betting in the state. There has been talking of the state being the next to launch its online betting market for some time now, with estimates now anticipating its launch in late February or early March.
The state has already approved several operators to provide online betting services. These include names like Betway, Barstool, Caesars, Draftkings, and a handful of other well-established operators.