Toucher & Rich: Could Massachusetts get an actual launch date for sports betting today? (Maybe?)
DraftKings Sportsbook. (Credit: Foxwoods.)
The Bankroll Boys, “Mr. Pickles”, bettors, sports fans are all awaiting the highly anticipated announcement of a launch date for legal sports betting in Massachusetts. They may get it when the Massachusetts Gaming Commission meet today.
The agenda for today’s meeting includes a bunch of sports betting-related items, such as a presentation of draft application forms for operators, a discussion of “Simultaneous vs. Staggered” launch dates, as well as consideration of potential launch dates for both retail and online sports betting in Massachusetts.
The sports betting industry has been watching on the edge of their seat and foaming at the mouth for sports betting to go live in Massachusetts.
A look at some of the TVs set up at the new DraftKings Sportsbooks at Foxwoods Casino. (Ty Anderson/98.5 The Sports Hub.)
An issue giving regulators headaches has to do with temporary licensing. The state has capped the number of permanent online licenses at 15, but no such cap exists for temporary licenses. A temp license would cost operators $1 million to obtain a license for a year.
Under the current structure, an operator could score a temporary permit, take bets for a year then shut down if they don’t receive a permanent license, which could be problematic.
But good news: Regulators are suggesting a solution could be “on the horizon”.
So, is Dan Lifshatz doing a victory lap since he sorta called this a few weeks ago?