Following the commonwealth's acceptance of the increased gambling activity, illegal sports betting in Massachusetts has mainly not changed.
Authorizing sports betting would hurt the black market, Massachusetts lawmakers reasoned, in addition to bringing in new revenue through taxes of 20% on online bets and 15% on in-person proceeds. These rates are projected to raise upwards of $60 million annually for the commonwealth. That hasn't always been the case, according to a recent report from the UMass School of Public Health and Health Sciences.
Authorizing sports betting would hurt the black market, Massachusetts lawmakers reasoned, in addition to bringing in new revenue through taxes of 20% on online bets and 15% on in-person proceeds. These rates are projected to raise upwards of $60 million annually for the commonwealth. That hasn't always been the case, according to a recent report from the UMass School of Public Health and Health Sciences.