The head of Maine’s Gambling Control Unit, Milt Champion, has expressed optimism that sports betting could be launched in the state by November. This comes as the agency published a revised draft of rules governing sports betting in Maine after receiving nearly 600 public comments on the initial draft released in January. The revised rules are now open for public and industry comments until June 16. If the comments do not result in substantial changes, the rules will be sent to the Office of the Maine Attorney General for approval. Champion is hopeful that there won’t be a need to publish the rules for a third time. If the rules receive approval from the attorney general’s office in June, the launch of sports betting in […]

In April, a total of $579,262,822.66 was wagered on current and future in-person and online sports bets in Massachusetts. Retail licensees offering in-person sports wagering generated $364,481.54 in taxable gaming revenue during the month. The combined gaming revenue from six online platforms amounted to $58,548,295.26. The state collected a total of $11,799,200.04 in taxes for sports betting in April. MGM Springfield had a negative accrual winnings figure, indicating that they paid out more to bettors than they won in overall in-person bets. According to the Massachusetts Gaming Commission (MGC), when an operator’s adjusted gross sports wagering receipts for a month result in a negative number due to winnings paid to bettors and excise taxes paid under federal law exceeding the operator’s total gross receipts from […]