SPORTS BETTING
US – MGM given temporary sports betting licenses in MA
By Phil - 20 December 2022
During yesterday’s public meeting of the Massachusetts Gaming Commission (MGC) where BetMGM presented and Commissioners reviewed that entity’s application for a sports wagering operator license, Commissioners voted unanimously to find BetMGM preliminarily suitable for a temporary Category 3 sports wagering operator license.
MGM Springfield also presented and Commissioners reviewed that entity’s application for a sports wagering operator license, Commissioners voted unanimously to award MGM Springfield with a Category 1 sports wagering operator license.
The MGC set a goal to launch retail sports wagering at the three casinos in the Commonwealth, which are eligible for Category 1 sports wagering licenses, in late January.
MGM Springfield now must obtain an operations certificate and meet additional conditions before bets can be accepted.
Conditions were placed on this vote requiring BetMGM to provide timely and ongoing updates regarding any developments to two confidential investigations first reported to the Investigations and Enforcement Bureau on 16 December 2022. Additionally, BetMGM must provide the MGC with a vendor diversity list.
This Category 3 license would be tethered to the Category 1 license awarded to MGM Springfield during this meeting.
The MGC set a goal to launch retail sports wagering in late January 2023 and online/mobile sports wagering in March 2023.
BetMGM is now eligible to request a temporary license to conduct sports wagering while a full suitability review is undertaken by the MGC. Following a temporary license being granted, BetMGM must obtain an operations certificate and meet additional conditions before they can accept wagers on approved sporting events. More information on a universal launch for retail wagering, followed by online wagering will be released as it becomes available.
