{"id":103418,"date":"2019-04-22T07:02:17","date_gmt":"2019-04-22T14:02:17","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=103418"},"modified":"2019-04-22T07:02:17","modified_gmt":"2019-04-22T14:02:17","slug":"sports-betting-suddenly-off-table-in-massachusetts-budget-talks","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/sports-betting-suddenly-off-table-in-massachusetts-budget-talks\/","title":{"rendered":"Sports Betting Suddenly Off Table in Massachusetts Budget Talks"},"content":{"rendered":"

Massachusetts\u2019 budget debate kicks off Monday but one item that won\u2019t be up for discussion is sports betting, much to the regret of Republican Governor Charlie Baker.<\/a><\/p>\n

\"Massachusetts
Democratic House Speaker Robert DeLeo has barred consideration of any amendments dealing with Massachusetts sports betting regulation during budget negotiations. (Image: MassLive.com)<\/figcaption><\/figure>\n

Baker included $35 million in projected revenue from regulated sports betting in his budget plan and in January introduced a bill to legalize wagering at the state\u2019s three casinos \u2013 only one of which, the MGM Springfield is up and running \u2013 as well as at its sole slots parlor, Plainridge Park.<\/p>\n

Baker\u2019s bill \u2013 along with a glut of other competing Massachusetts sports betting bills \u2013 asks lawmakers to seize the initiative in the competitive New England casino market and gain an edge over neighbors Connecticut by legalize sports betting.<\/p>\n

But lawmakers have said no thanks, for now, at least.<\/p>\n

No Need to Rush Massachusetts Sports Betting<\/strong><\/h2>\n

South Coast Today<\/em> reports that House Democratic leaders have barred consideration of amendments dealing with sports betting regulation during the budget negotiations.<\/p>\n

That doesn\u2019t necessarily mean Massachusetts sports betting is a no-go in this year, just that the House Democrats want all discussions about new tax revenue streams to take place later in the legislative session, where they can be given more consideration.<\/p>\n

I don\u2019t think it\u2019s as easy as some people suspect it may be,\u201d said House Speaker Robert DeLeo (D-Winthrop) said of sports betting last week. \u201cI\u2019ve already found some different viewpoints on how we should proceed with it.\u201d<\/p><\/blockquote>\n

Winthrop was a strong proponent of gaming when state voters chose to amend the constitution to legalize casinos in 2013 but prefers a cautious approach to sports betting to avoid any of potential missteps.<\/p>\n

Rhode Island Gets It All Wrong<\/strong><\/h2>\n

Rhode Island is the first state and only state in New England to have regulated sports betting, but in its haste to gain first-mover kudos it made some crucial miscalculations.<\/p>\n

Last week the American Gaming Association said Rhode Island had misunderstood a study<\/a> it had published on sports betting, which has led to the state raking in around $40 million less in revenues that it had expected since launch.<\/p>\n

The projections the AGA had published were based on a fully mature and stabilized market with a tax rate of 15 percent with a legal framework that does not include any \u201cunusual restrictions.\u201d<\/p>\n

Rhode Island chose to tax sports betting at 51 percent of gross gaming revenue, which makes it the highest-taxed market in the world and prohibited in-state college sports bets, putting the pressure on this notoriously low-margin vertical from day one.<\/p>\n","protected":false},"excerpt":{"rendered":"

Massachusetts\u2019 budget debate kicks off Monday but one item that won\u2019t be up for discussion is sports betting, much to the regret of Republican Governor Charlie Baker. Baker included $35 million in projected revenue from regulated sports betting in his budget plan and in January introduced a bill to legalize wagering at the state\u2019s three […]<\/p>\n","protected":false},"author":36,"featured_media":103419,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,61,13592,1074],"tags":[],"acf":[],"yoast_head":"\nSports Betting Suddenly Off Table in Massachusetts Budget Talks<\/title>\n<meta name=\"description\" content=\"Massachusetts sports betting will not be part of budget talks, according to House Democratic leaders, despite Governor Baker including it in his plan.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sports Betting Suddenly Off Table in Massachusetts Budget Talks\" \/>\n<meta property=\"og:description\" content=\"Massachusetts sports betting will not be part of budget talks, according to House Democratic leaders, despite Governor Baker including it in his plan.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/sports-betting-suddenly-off-table-in-massachusetts-budget-talks\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-22T14:02:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/04\/rob-d.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"798\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Philip Conneller\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@casinoorgphilc\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Philip Conneller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/sports-betting-suddenly-off-table-in-massachusetts-budget-talks\/\",\"url\":\"https:\/\/www.casino.org\/news\/sports-betting-suddenly-off-table-in-massachusetts-budget-talks\/\",\"name\":\"Sports Betting Suddenly Off Table in Massachusetts Budget Talks\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/sports-betting-suddenly-off-table-in-massachusetts-budget-talks\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/sports-betting-suddenly-off-table-in-massachusetts-budget-talks\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/04\/rob-d.jpg\",\"datePublished\":\"2019-04-22T14:02:17+00:00\",\"dateModified\":\"2019-04-22T14:02:17+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b\"},\"description\":\"Massachusetts sports betting will not be part of budget talks, according to House Democratic leaders, despite Governor Baker including it in his plan.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/sports-betting-suddenly-off-table-in-massachusetts-budget-talks\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/sports-betting-suddenly-off-table-in-massachusetts-budget-talks\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/sports-betting-suddenly-off-table-in-massachusetts-budget-talks\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/04\/rob-d.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/04\/rob-d.jpg\",\"width\":1200,\"height\":798,\"caption\":\"Democratic House Speaker Robert DeLeo has barred consideration of any amendments dealing with Massachusetts sports betting regulation during budget negotiations. 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