New England Sports Betting Is Close to Reality

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New England Sports Betting Is Close to Reality, as casinos in Connecticut and Massachusetts prepare for eager bettors from all over New England. Soon, wagers will be legal in four states in New England, with Massachusetts and Connecticut added to New Hampshire, Rhode Island. Let’s look at the progress in all four states.

How We Got Here

In 2018, the U.S. Supreme Court delivered a historic decision when it overturned the federal ban on sports gambling which prohibited betting in most states. Before that, Nevada was the only state in which a bettor could wager on the results of a game. Now, the legality of sports gambling is up to the state-level of government.

Rhode Island Is First to Welcome Legalized Sports Betting

Well, over three years since that ruling, many states have either fully legalized sports gambling, or several more are in the process of doing so. For example, Rhode Island became the first New England sports betting state. In New England, Rhode Island debuted retail sports betting in 2018, with online/mobile gambling launching in November 2018. The Lottery quickly rescinded In-person registration at Ocean State’s two casinos, and sports betting revenue increased with mobile registration possible.

Twin River Sportsbook

The Rhode Island Lottery will regulate and oversee the industry. Sports betting in Rhode Island is possible through the partnerships of William Hill and IGT, chosen by the lottery, which will provide online and mobile betting and on-site at Twin River Casino Hotel in Lincoln and Tiverton.

New Hampshire Joins the Fray

In 2019, New Hampshire was the second state to usher in legal sports betting. After New Hampshire online sports betting became legal, DraftKings quickly entered the market as the only sportsbook partner.

The Granite State laws allow for up to five mobile operators and 10 retail outlets managed by DraftKings. However, this hasn’t hindered the results since NH ranks eighth in per capita sports betting handle with $37.32 wagered per resident among states with legal wagering. 

The state launched mobile NH sports betting via the DraftKings Sportsbook app in early 2020.

Related Post – Comparing Rhode Island and New Hampshire Sports Betting.

Connecticut

Connecticut is on track to launch online sports betting apps by September 6, 2021, according to a “tentative timeline” provided by the Connecticut Lottery.

Amber Hoffman of GamingToday.com

That prediction is still uncertain. It might not be in place when the NFL season kicks off between the Dallas Cowboys and Tampa Bay Buccaneers on Sept. 9.

The CT lottery says gambling will begin early in the season. Max Reiss, Lamont’s spokesman, said the goal is to have all vendors start simultaneously, even if that extends into September.

The agreement reached in March of 2021 amended the state pact that gave Mohegan Sun and Foxwoods Resort Casino exclusive gambling rights in Connecticut for almost thirty years. Here are specifics concerning online gaming and sports betting:

New England Sports Betting Is Close to Reality
Sportstech OTB at Bradley Airport, Hartford, CT.
  • It will allow the Connecticut Lottery, in cooperation with both tribal entities, to run sports betting,
  • Under the agreement, the CT government will tax all online casino gaming, including online poker, at 18% for the first five years before increasing to 20% for the following five years.
  • All sports betting revenue will be taxed at 13.75%.
  • The Connecticut Lottery will have the right to operate 15 retail onsite locations and one online sportsbook. Two of the retail locations will be located in Hartford and Bridgeport.
  • the CT Lottery will be licensing Sportech (OTB) for sports betting in brick-and-mortar locations, not online. The 10 Sportech sites will be in Hartford, Manchester, Milford, New Britain, New Haven, Norwalk, Stamford, Torrington, Waterbury and Windsor Locks. They will announce five more sites later, including an additional location in Hartford and one in Bridgeport. Hartford’s XL Center is a possible location for the Hartford gambling venue.

Related Post – iGaming Will Put Connecticut On Top In New New England.

What’s Holding Things Up?

Two items are in the way of the process, according to Stephen Singer from the Hartford Courant. “The Legislative Regulation Review Committee is scheduled to meet Tuesday to approve 82 pages of regulations governing the day-to-day operation of Connecticut’s new gambling enterprise. Also, the U.S. Department of the Interior must approve the revised compacts between Connecticut and the Mohegans, who operate the Mohegan Sun, and the Mashantucket Pequots, who own Foxwoods Resort Casino.”

“The Department of Interior could act at any time. When it does, state consumer protection officials will issue wagering licenses.”

Rodney Butler, chairman of the Mashantucket Pequot Tribal Nation

Concerns over Problem Gambling are holding up the process, specifically how bettors will pay to gamble online. Consumers can use credit or debit cards or pay using Apple, Venmo, or PayPal easy, quick, and touchless way. Easy payments can lead to excessive betting, which is the legislature’s major issue in approving expanded gambling in Connecticut. Some legislators want a single gambler’s account to be linked to online gambling as a red flag. Like Massachusetts, Connecticut lawmakers want to get it right at first during what many feel were a rushed decision.

Hot Off the Press!

This morning, the AP reported, “With the NFL regular season kicking off Sept. 9, the state of Connecticut took a major step closer on Tuesday toward legalized sports wagering, online gambling, and other new forms of betting after a legislative committee approved emergency regulations for the new gambling market. Connecticut now awaits the U.S. Department of the Interior’s expected approval of changes to agreements between the state and tribes…”

The Formats for Online Wagering

Three online gambling formats will be the basis for sports betting and gaming.

  1. BetRivers will provide an online sports betting platform in the state in partnership with the Lottery.
  2. FanDuel is partnered with Mohegan Sun
  3. DraftKings is partnered with Foxwoods Resort Casino

MassachusettsLegalized Sports Gambling in New England

Massachusetts politics cautious, “get it right the first time” attitude may be stifling the legalization of sports wagering. NETG’s friend, Steve Ruddock, calls it “paralysis by analysis. “The support to legalize it is strong, but the means of getting it accomplished is still up in the air.

The Governor, Charlie Baker, has proposed his own bill to allow for brick-and-mortar and online sports gambling, which boosted Massachusetts’ chances for sports betting in 2021. Massachusetts representatives amended and then passed it last month. Now it’s in the state’s Senate hands for further study.

The state’s three casinos are chomping at the bit. Just last week, MGM Springfield and Encore made announcements concerning additions concerning sports betting.

MGM Springfield Additions

“If there is one question I get more than any other it’s when will we be able to place a bet at MGM Springfield.”

Chris Kelley, President and COO of MGM Springfield

As part of the casino’s celebration of its third anniversary, MGM unveiled two new luxury sports lounges, one of them designed for betting, featuring theater seats and an HD video wall.

New England Sports Betting Is Close to Reality
Tap at MGM Springfield will have sports betting.
  1. One of the new lounges is located on the casino floor and featuring a 45-foot HD viewing wall that can show 16 channels simultaneously.
  2. It can accomodate more than 70 people
  3. The other VIP sports venue is within the TAP sports bar.
  4. Both opened at the casino past Tuesday, although sports betting would not be available on the TAP sports bar.

It is expected that MGM Springfield will use MGM’s own betting format, BetMGM.

Encore Boston Harbor Opens WynnBET Sports Bar

On Saturday, September 4th, Encore Boston Harbor’s new WynnBET Sports Bar will open Saturday, September 4, pending regulatory approval. Guests will feel a Las Vegas vibe with the following amenities:

  • Locattion is on the resort’s casino floor
  • the space will feature more than 60 televisions, a 10-foot high and 123-foot long immersive video wall
  • also on display will be a collection of trophies, classic sports accessories, and a collage of historical images of local sports heroes
  • A 15-seat full-service bar with tabletop video poker sits in the middle of the venue
  • dining and lounge seating surround the space including more than 40 VIP seats and reclining media chairs
  • Shake Shack offers fresh, simple, high-quality food as a modern-day burger stand
  • additional dining includes Frank & Nick’s, an approachable and casual dining concept. Guests will enjoy a delicious variety of Italian fare via counter service or grab-and-go. 
  • Guests will be in awe as live games and sports classics play on more than 60 TVs throughout the venue, as well as on a 1,230-square foot immersive video wall. , while providing the ultimate experience. An extra-large spherical digital display will exhibit the top sports scores from around the world and suspended sports equipment, a collection of trophies, and events will decorate the space.  

The WynnBET Sports Bar will be open daily from 10 a.m. until 2 a.m., Frank & Nick’s will be open from 11 a.m. until 3 a.m., and Shake Shack will be open from 11 a.m. until 2 a.m. For more details, visit encorebostonharbor.com.

WynnBET is Encore Boston Harbor’s in-house sports betting format since it is used at other Wynn properties, New Jersey and Colorado.

New England Sports Betting Is Close to Reality at Plainridge Park?

Plainridge has always had a bit of an advantage over the other two casinos without live table games. It sits adjacent to the Plainridge Park Raceway and is part of the greater complex. Unfortunately, no official news of a deal being struck with any sports betting operator to look after sports betting operations.

New England Sports Betting Is Close to Reality
Plainridge Harness Racing, with renovated racebook.

However, in other states, Penn National Gaming has launched it’s Barstool Sports-branded sports betting. Penn National, the operator of Plainridge Park Casino, owns and operates 44 casinos and racetracks in the United States and Canada. Barstool offers the potential to boost gaming activity at the Plainville slots parlor to compete with surrounding state casinos and the other two casinos in Massachusetts.

Since Penn bought a 36 percent equity stake in Barstool about a year ago, the gaming company has rebranded some of its physical sportsbooks as Barstool sportsbooks. In addition, it has launched a Barstool Sportsbook mobile app in Pennsylvania and Michigan. During a fourth-quarter earnings presentation, Penn President and CEO Jay Snowden said the partnership is paying off.

Barstool was first launched as a Boston company and maintained a strong following in Massachusetts. Attracting new gamblers from the young demographic that Barstool appeals to is a key expectation for Plainridge Park Casino and Raceway.

Summary

Residents of the Commonwealth would be able to make a range of bets depending on the sport involved. This would include money line bets, totals, straight wagers, and parlays. It seems the Commonwealth is trying to keep the sports bettors at home rather than go to other states. Residents are more than ready for legal sports betting, as well as the three Massachusetts casinos. Meanwhile, the constitution State due south will probably have started their expansion, including “igaming.”

As Picard says in Star Trek: Next Generation, “Make it so!

Binbin

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