: Massachusetts passes bill to legalize sports betting

by | Aug 3, 2022 | Stock Market

Lawmakers in Massachusetts have reached a compromise that would legalize online and retail sports betting in the state. In the early hours of Monday morning, the House and Senate groups in the state government approved a bill that would make Massachusetts the 31st state in the country to legalize some form of sports betting, according to a tally from the American Gaming Association. See also: Tiger Woods turned down over $700 million to join Saudi-backed LIV Golf, says CEO

“I am proud to announce that the Sports Betting Conference Committee has reached an agreement on legislation that will legalize wagering on professional and collegiate sports in Massachusetts, bringing the immense economic benefits of a legal sports betting industry to MA,” Democratic House Speaker Ron Mariano said in a tweet. The bill comes with a ban of betting on in-state college sports teams, like Boston College and the University of Massachusetts, except during competition when the schools play in a national tournament like NCAA March Madness, Massachusetts state Rep. Aaron Michlewitz said. See also: NFL player Calvin Ridley bets $1,500 on NFL games — is suspended and may lose $11 million in salary

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