New Massachusetts Sports Betting Bill Features Substantial Tax Hike and Prohibition on Real-Time Betting

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Recent MA Sports Betting Bill Contains Significant Tax Hike and Ban on Live Betting

Massachusetts sports betting could look totally various if a brand-new expense proposed in the Senate is successful. And if history is any indication, regulated sports betting in other states could also change significantly.

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SD 1657 was presented by Sen. John Keenan. “An Act Addressing Economic, Health, and Social Harms Caused by Sports Betting” intends to increase the existing sports betting tax rate from 20% to 51%. Additionally, Sen. Keenan calls for a complete ban on live betting (in-game sports betting) and prop bets.

The main thing to bear in mind is that Massachusetts has been at the forefront of stricter sports betting regulations. The second thing to understand is that the language of this expense is similar to the SAFE Bet Act, a federal piece of legislation introduced in 2024.

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

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

A closer take a look at SD 1657

Tax

Starting with the tax rate boost, bringing sports betting to 51% has actually been a target for Sen. Keenan before. Keenan proposed a tax boost at the last legislative session, but it was rejected. This increase would have can be found in the state’s budget plan bill.

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

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Banning live betting and prop betting

The procedure restricts in-play (live sports betting) or prop sports betting. Just straight wagers would be enabled, restricting sportsbooks to using just moneyline, spread, and overalls.

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

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The expense also looks for to include rewards and same-game parlays to the category of “unjust and misleading practices.” Sportsbooks favour same-game parlays due to their high “hold” percentage, the amount of money they keep off each $1 bet.

Player Limits

SD 1657 likewise aims to produce mandatory daily and monthly limits for bettors. Bettors could not wager more than $1,000 a day and $10,000 a month without an ‘affordability assessment’ which involves inspecting 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 assessment on bettors.

Advertising limitations

Keenan also wishes to eliminate advertising throughout televised sporting events. The procedure would restrict sportsbooks from running advertisements during video games. The Massachusetts Gaming Commission has looked into creating a ban on in-game advertisements before. However, this did not go through as national TV deals make this tough to implement.

Will the step pass?

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

Because of this, the measure will likely be combated in the Senate and your home of Representatives. In the previous session, Keenan stopped working to raise the tax rate.

He would have to persuade the other senators who did not support his effort before to change their minds. If and when the Senate discusses this measure, it is impossible to inform how it will be received.