Massachusetts responds after Robinhood requests an injunction.
The state of Massachusetts has filed a formal brief opposing Robinhood’s motion for a preliminary injunction. It’s the latest salvo in the growing legal dispute over prediction markets and sports-related event contracts. Robinhood had asked a judge to block Massachusetts regulators from enforcing state laws that it argues are preempted by federal statutes. The company […]
Is Massachusetts on the verge of allowing smartphone gambling?
Online casino gaming may soon be legalized in Massachusetts thanks to significant legislation that is currently making its way through the State House. The bills, which have the support of prominent companies like DraftKings and MGM, aim to increase gambling accessibility for a much wider range of people than just those who typically wager on […]
The Massachusetts Online Casino Bill Is Awaiting Committee Action
Two bills that would legalize online casinos and generate $275 million in revenue annually are being considered by Massachusetts lawmakers. Before the legislative session concludes on November 19, the bills, which have a 20% tax rate and a $5 million license fee, must be decided by a committee. Following a hearing at the end of […]
