Massachusetts sports betting could look totally different if a brand-new expense proposed in the Senate is successful. And if history is any sign, controlled sports betting in other states could also alter dramatically.

SD 1657 existed by Sen. John Keenan. "An Act Addressing Economic, Health, and Social Harms Caused by Sports Betting" aims to increase the present sports betting tax rate from 20% to 51%. Additionally, Sen. Keenan calls for a total ban on live betting (in-game sports betting) and prop bets.
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The main point to keep in mind is that Massachusetts has been at the leading edge of stricter sports betting guidelines. The second thing to know is that the language of this expense is similar to the SAFE Bet Act, a federal piece of legislation introduced in 2024.

This expense was introduced not long after former Massachusetts Governor and present NCAA president Charlie Baker testified in front of the Senate in a meeting on sports betting policy.

So, while this is currently a Massachusetts expense, it's likely to affect other states that offer controlled sports betting.
A closer take a look at SD 1657 Taxation
Starting with the tax rate increase, bringing sports betting to 51% has been a target for Sen. Keenan before. Keenan proposed a tax boost at the last legal session, however it was declined. This increase would have been available in the state's budget costs.

Just 3 markets have tax rates of 51%, the greatest in the nation: New York, Rhode Island, and New Hampshire. At 20%, Massachusetts currently ranks 6th greatest.
Prohibiting live betting and prop betting
The procedure forbids in-play (live betting) or prop sports betting. Just straight wagers would be allowed, limiting sportsbooks to using just moneyline, spread, and overalls.

While Massachusetts and other markets have restrictions on college sports betting, this would impact even professional sporting events.

The costs likewise looks for to include bonus offers and same-game parlays to the category of "unfair and deceptive practices." Sportsbooks favour same-game parlays due to their high "hold" portion, the amount of money they deflect each $1 wagered.
Gamer Limits
SD 1657 also aims to develop obligatory everyday and regular monthly limitations for bettors. Bettors could not wager more than $1,000 a day and $10,000 a month without an 'affordability evaluation' which involves inspecting checking account. A player can not wager more than 15% of the amount in their account.

Massachusetts would end up being the very first market to require a price evaluation on bettors.
Marketing restrictions
Keenan likewise wants to get rid of advertising throughout telecasted sporting occasions. The step would forbid sportsbooks from running advertisements during games. The Massachusetts Gaming Commission has actually checked out creating a restriction on in-game advertisements before. However, this did not go through as nationwide television deals make this tough to impose.
Will the procedure pass?
The procedure is extreme in its changes to the sports betting industry in Massachusetts. Banning prop sports betting and increasing the sports betting tax rate will likely cause pushback from local sportsbooks and market fans.
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Because of this, the measure will likely be fought in the Senate and your home of Representatives. In the previous session, Keenan failed to raise the tax rate.

He would need to persuade the other senators who did not support his initiative before to alter their minds. If and when the Senate discusses this step, it is difficult to inform how it will be gotten.
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