{"id":3217,"date":"2024-09-04T17:25:42","date_gmt":"2024-09-04T17:25:42","guid":{"rendered":"http:\/\/restaurace-pohoda.eu\/?p=3217"},"modified":"2024-09-12T13:43:02","modified_gmt":"2024-09-12T13:43:02","slug":"study-illegal-sports-betting-rate-in-massachusetts-remains-unchanged","status":"publish","type":"post","link":"http:\/\/restaurace-pohoda.eu\/index.php\/2024\/09\/04\/study-illegal-sports-betting-rate-in-massachusetts-remains-unchanged\/","title":{"rendered":"Study: Illegal Sports Betting Rate in Massachusetts Remains Unchanged"},"content":{"rendered":"

Illegal betting on sports in Massachusetts has largely remained unchanged following the commonwealth\u2019s embrace of the expanded gambling activity.<\/span><\/p>\n

\"Massachusetts
A DraftKings logo is seen on Fenway Park\u2019s Green Monster. The legalization of sports betting in Massachusetts hasn\u2019t yet cut into the illegal market, new research finds. (Image: LinkedIn<\/em>)<\/figcaption><\/figure>\n

Legal sports betting began at the state\u2019s three brick-and-mortar casinos \u2014 Encore Boston Harbor, MGM Springfield, and Plainridge Park \u2014 in January 2023. Online sportsbooks<\/a> commenced operations two months later in March.<\/span><\/p>\n

\n

Along with generating new revenue by levying a 20% tax on online betting and a 15% tax on in-person proceeds, rates that are expected to raise upwards of $60 million annually for the commonwealth, Massachusetts lawmakers reasoned that authorizing gambling on sports would hurt the black market. A recent report from the UMass School of Public Health and Health Sciences suggests that hasn\u2019t necessarily been the case.<\/span><\/p>\n<\/div>\n

According to the school\u2019s Social and Economic Impacts of Gambling in Massachusetts\u2019<\/a> summer update, there has been \u201cno change in the proportion of monthly gamblers \u2026 who had engaged in any illegal sports betting between 2022 and 2023.\u201d The UMass researchers did find a decrease in the proportion of monthly sports bettors who engaged only in illegal sports betting, but concluded that Massachusetts\u2019 regulation of sports gambling \u201cwas not a substantial recapture of illegal sports betting revenues.\u201d<\/span><\/p>\n

Concerned Commissioners<\/b><\/span>\u00a0<\/b><\/span><\/h2>\n

UMass researcher Rachel Volberg recently presented the July findings to the Massachusetts Gaming Commission (MGC). Though the July update focused on problem gambling rates, commissioners said their interest was piqued by the illegal betting data points.<\/span><\/p>\n

\n

A lot of the reason we wanted to make sure this is done and done correctly, sports wagering, is that we want to stamp out the illegal market,\u201d said MGC Interim Chair Jordan Maynard. \u201cThe illegal market is not a victimless place.\u201d<\/span><\/p>\n<\/blockquote>\n

Maynard said the regulated space provides numerous consumer protections that aren\u2019t available in the underground and offshore markets, including responsible gaming programs<\/a>, player complaint resources, and guarantees that bets will be paid and account withdrawals will be executed.<\/span><\/p>\n

\n

If you have an issue with your bookie, there are only a few places you can go. If you have an issue with a legal sports wagering operator or gambling operator in the state, you can come to the Gaming Commission and we can help take care of these issues,\u201d Maynard said.<\/span><\/p>\n<\/blockquote>\n

Commissioner Eileen O\u2019Brien said she can understand how an online sports bettor<\/a> might be tricked into believing an unregulated, offshore sportsbook website is a legal operation. She said the state must do more \u201cto continue to educate consumers\u201d about what is and isn\u2019t permitted sports gambling.<\/span><\/p>\n

More Data Needed<\/b><\/span><\/h2>\n

Since legal online sports betting in Massachusetts \u2014 the preferred wagering method in states where both retail and internet sportsbooks are allowed \u2014 is only 17 months into existence, Volberg told the MGC that more time is needed to hopefully transition more bettors from the illegal market.<\/span><\/p>\n

\n

Many jurisdictions have found that it can take a substantial period of time for sports bettors to migrate fully from nonregulated to regulated providers,\u201d she explained.<\/span><\/p>\n<\/blockquote>\n

Sports betting has provided a substantial revenue windfall for Massachusetts. The MGC says since the first legal bet was wagered in January 2023, the state has collected $166.6 million in sports gambling taxes and fees.<\/span><\/p>\n

The post Study: Illegal Sports Betting Rate in Massachusetts Remains Unchanged<\/a> appeared first on Casino.org<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Illegal betting on sports in Massachusetts has largely remained unchanged following the commonwealth\u2019s embrace of the expanded gambling activity. A DraftKings logo is seen on Fenway Park\u2019s Green Monster. The legalization of sports betting in Massachusetts hasn\u2019t yet cut into the illegal market, new research finds. (Image: LinkedIn) Legal sports betting began at the state\u2019s…<\/p>\n","protected":false},"author":1,"featured_media":3219,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[18],"tags":[],"_links":{"self":[{"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/posts\/3217"}],"collection":[{"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/comments?post=3217"}],"version-history":[{"count":2,"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/posts\/3217\/revisions"}],"predecessor-version":[{"id":3220,"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/posts\/3217\/revisions\/3220"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/media\/3219"}],"wp:attachment":[{"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/media?parent=3217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/categories?post=3217"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/restaurace-pohoda.eu\/index.php\/wp-json\/wp\/v2\/tags?post=3217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}