Profitable Betting Guide: How To Make Money From Sports Betting

If the bill is signed by the governor, one of the commission s first steps will be to hold a roundtable discussion with its existing licensees Encore Boston Harbor, MGM Springfield, Highly recommended Webpage and Plainridge Park Casino, and simulcast centers Raynham Park and Suffolk Downs to get more detail on their plans for sports betting operations and to get their input as the commission sets out to regulate the new activity. Multiple commissioners said that they ve been busy planning for the legalization of sports betting for months, but the Gaming Commission did not offer its own specific timeline for initiating legal betting in Massachusetts.

Commissioners were careful as their meeting started Thursday to note regularly that sports betting is still illegal in Massachusetts and to remind listeners that they were just taking fairly limited steps to be prepared to move quickly should Baker sign the bill to legalize sports betting. Commissioners told potential operators and bettors that they can expect the same degree of scrutiny from the commission that the operators of the state s casinos got when they sought licenses about a decade ago.

The formal regulatory process takes two to three months from start to finish, a commission lawyer said, and Sports betting most license application processes in other states take between three and cricket betting six months, a commission official said.