MGM, Wynn Resorts and Penn National Gaming to Massachusetts Senate: Legalize sports wagering with these changes

MGM, Wynn Resorts and Penn National Gaming to Massachusetts Senate: Legalize sports wagering with these changes

Article brief provided by Sports Handle
  • Jill R. Dorson, Sports Handle
April 27, 2022 10:41 PM
  • Jill R. Dorson, Sports Handle

    When it comes to legal sports betting, Massachusetts casino operators would like to see lower tax rates, wagering on college sports, additional skins, and loosened marketing guidelines, according to an industry letter obtained by Sports Handle.

    The letter, sent jointly Wednesday by Encore Boston Harbor (Wynn), MGM, and Plainridge Park Casino (Penn National Gaming) to Senate President Karen Spilka, comes one day before the chamber is to debate a revised sports betting bill.

    The current version of the bill, now SB 2844, would allow for statewide mobile wagering with digital platforms tethered to existing casinos. It would set tax rates of 20% (retail wagering) and 35% (digital wagering), ban betting on college sports, allow for a single skin per casino entity, and prohibit sports betting advertisements during live television events.