MA Retail & Online Sports Betting to Launch in Early 2023
The Massachusetts Gaming Commission (MGC) has issued three gaming operator licenses so far, but another three licenses are close to approval as well.
The Massachusetts Gaming Commission (MGC) has issued three gaming operator licenses so far, but another three licenses are close to approval as well.
State regulator calls Nov. 16 incident “an inadvertent mistake” but also a serious one. It imposed a $1,000 fine for each of the 146 wagers accidentally processed during a pre-launch testing period.
FanDuel and DraftKings combined for nearly 86% of the new market. But operators’ deductions for promotions wiped out nearly all the tax revenue to the state.
Officials have confirmed the dates for a dozen WSOP 2023 live events including the new Gladiators of Poker costing just $300.
After winning Maryland Lottery and Gaming Control Commission (MLGCC) approval, another panel will consider applications by both operators for a mobile sports wagering license next week.
The state estimates annual tax revenue from online sports betting in Maryland will total $30 million next year and reach $100 million by 2027.
American Gaming Association (AGA) says a huge increase in the number of US online sportsbooks since the 2018 tournament will drive wagers, which are expected to hit $1.8 billion.
Less than 7 weeks after launching in Indiana, the operator is no longer accepting deposits or wagers. Customers have 4 weeks to withdraw any remaining funds.
Sports betting revenue hit a record $1.7 billion after Americans made just shy of $16 billion in sports wagers. Meanwhile, iGaming revenue is on pace to set a new full-year record in 2022.
Prop 27, an industry-backed initiative to legalize online sports betting in CA through partnerships with tribal casinos, only won 16.7% of votes.