Recent MA Sports Betting Bill Contains Significant Tax Increase And Ban On In-Play Betting

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Massachusetts sports betting might look completely different if a new expense proposed in the Senate succeeds. And if history is any sign, controlled sports betting in other states could likewise change drastically.


SD 1657 existed by Sen. John Keenan. "An Act Addressing Economic, Health, and Social Harms Caused by Sports Betting" intends to increase the present sports betting tax rate from 20% to 51%. Additionally, Sen. Keenan calls for a total restriction on live sports betting (in-game wagering) and prop bets.


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


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


So, while this is presently a Massachusetts costs, it's likely to impact other states that offer regulated sports betting.

A closer look at SD 1657
Taxation

Starting with the tax rate increase, bringing sports betting to 51% has actually been a target for Sen. Keenan before. Keenan proposed a tax increase at the last legal session, but it was turned down. This increase would have been available in the state's budget bill.


Just 3 markets have tax rates of 51%, the greatest in the country: New York, Rhode Island, and New Hampshire. At 20%, Massachusetts currently ranks sixth highest.

Banning live betting and prop betting

The step forbids in-play (live betting) or prop sports betting. Just straight wagers would be allowed, restricting sportsbooks to providing just moneyline, spread, and overalls.


While Massachusetts and other markets have constraints on college betting, this would impact even expert sporting occasions.


The bill likewise looks for to include bonus offers and same-game parlays to the category of "unreasonable and deceptive practices." Sportsbooks favour same-game parlays due to their high "hold" percentage, the amount of money they keep off each $1 wagered.

Player Limits

SD 1657 likewise aims to develop obligatory daily and month-to-month limits for bettors. Bettors could not wager more than $1,000 a day and $10,000 a month without an 'cost evaluation' which involves inspecting bank accounts. A gamer can not wager more than 15% of the quantity in their account.


Massachusetts would end up being the very first market to require a price evaluation on bettors.

Advertising restrictions

Keenan also wishes to remove marketing throughout televised sporting occasions. The step would restrict sportsbooks from running advertisements during video games. The Massachusetts Gaming Commission has actually looked into producing a ban on in-game advertisements before. However, this did not go through as nationwide television deals make this hard to implement.

Will the step pass?

The measure is extreme in its changes to the sports betting industry in Massachusetts. Banning prop betting and increasing the sports betting tax rate will likely cause pushback from local sportsbooks and industry advocates.
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Because of this, the procedure will likely be battled in the Senate and your home of Representatives. In the previous session, Keenan failed to raise the tax rate.


He would need to persuade the other senators who did not support his effort before to alter their minds. If and when the Senate discusses this procedure, it is difficult to inform how it will be gotten.
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