In the US states of Massachusetts were getting to grips with the notion of three new bills promoting sports betting, governor Charlie Baker said he plans to file legislation that would legalise professional sports gambling in the state.
In a statement, Baker said: “an opportunity for Massachusetts to invest in local aid while remaining competitive with many other states pursuing similar regulations.
” Our legislation puts forth a series of common sense proposals to ensure potential licensees are thoroughly vetted and safeguards are in place to protect against problem gambling and illegal activity,” he said.
The governors office estimates the move would add $35m to state coffers in 2020, boosted by an application fees of $100,000 plus further fees of at least $500,000 that needs to be renewed every five years.
The governors proposals are similar to those put forward in one of the three bills earlier this week, specifically by SB903, proposed by Brendan Crighton. The other bills came from Massachusetts senate Bruce Tarr and James Welch.