Close Menu
    Facebook LinkedIn YouTube WhatsApp X (Twitter) Pinterest
    Trending
    • A brief history of Sam Altman’s hype
    • Severe droughts caused Indus Valley Civilization’s decline
    • 3 ways to reduce trauma for everyone after an event like Bondi
    • 7 Best Desktop Computers (2025): Gaming, Macs, Compact, and More
    • British-Pakistani influencer Zaraq Nazir will appear in illegal online gambling inquiry
    • Monday Night Football: How to Watch Dolphins vs. Steelers Tonight for Free
    • UK launches taskforce to ‘break down barriers’ for women in tech
    • The AI doomers feel undeterred
    Facebook LinkedIn WhatsApp
    Times FeaturedTimes Featured
    Tuesday, December 16
    • Home
    • Founders
    • Startups
    • Technology
    • Profiles
    • Entrepreneurs
    • Leaders
    • Students
    • VC Funds
    • More
      • AI
      • Robotics
      • Industries
      • Global
    Times FeaturedTimes Featured
    Home»News»Massachusetts’s third online gambling bill of 2025 seeks to limit sweepstakes
    News

    Massachusetts’s third online gambling bill of 2025 seeks to limit sweepstakes

    Editor Times FeaturedBy Editor Times FeaturedAugust 22, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Telegram Email WhatsApp Copy Link


    Within the third on-line playing invoice of the 12 months, Massachusetts is contemplating prohibiting dual-currency sweepstakes video games.

    Consultant David Okay. Muradian launched the bill, H4431, which goals to legalize on-line playing video games for licensed operators and, on the similar time, prohibit dual-currency sweepstakes video games. Nevertheless, whereas Massachusetts lawmakers might want to consider the invoice, its possibilities for passing are regarded as pretty low.

    The invoice is at the moment with the Committee on Financial Improvement and Rising Applied sciences. If handed, it might permit the three bodily casinos in Massachusetts – Encore Boston Harbor, MGM Springfield, and Plainridge Park On line casino – to accomplice with as much as three on-line playing skins, as soon as accepted for licenses.

    After that, they are going to be capable to supply on-line on line casino video games like poker, blackjack, craps, roulette, slots, and extra, as long as they’re “considerably equal to these usually provided at a on line casino, and some other recreation accepted by the fee.”

    On the similar time, Muradian’s invoice would additionally place a 15% tax on the gross on-line playing income, on prime of a $100,000 license payment and annual renewal charges set $100,000 charged to operators. Operators of on-line betting skins might want to pay a non-refundable license and utility payment of $50,000.

    A invoice to ban sweepstakes

    In addition to these stipulations, the invoice would additionally declare it illegal to function, conduct, or promote on-line sweepstakes video games, successfully banning any actions the place prizes are awarded based mostly on likelihood, following within the footsteps of New Jersey, California, and Montana.

    Breaking that prohibition would end in a nice between $10,000 and $100,000, in addition to probably dropping gaming licenses for operators. Repeat offences would even be topic to greater fines and potential jail time of as much as two years.

    Nevertheless, there are criticisms of the invoice that counsel it gained’t go as simply as Muradian would possibly hope. A spokesperson for the Social and Promotional Video games Affiliation stated {that a} blanket ban of sweepstakes video games shows a “poor understanding of the sweepstakes mannequin.”

    “Lawmakers transferring to ban sweepstakes whereas introducing iGaming show a poor understanding of the sweepstakes mannequin and undue deference to iGaming lobbyists,” stated the spokesperson, as reported by Sports Betting Dime. “As an alternative of a blanket ban, Massachusetts might embrace oversight and regulation, securing hundreds of thousands in potential tax revenues, as a substitute of deciding for its residents what video games they will – and might’t – play on their cellphones.”

    Featured picture: Flickr, licensed underneath CC BY-NC-SA 2.0

    The put up Massachusetts’s third online gambling bill of 2025 seeks to limit sweepstakes appeared first on ReadWrite.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Editor Times Featured
    • Website

    Related Posts

    British-Pakistani influencer Zaraq Nazir will appear in illegal online gambling inquiry

    December 16, 2025

    Macau reports 70% rise in gaming-related crime cases in 2025

    December 16, 2025

    New York Approves Three Casino Licenses, Clearing Way for First Full-Scale NYC Casinos

    December 15, 2025

    How crypto entrepreneur Bill Zanker helped Trump and Melania launch memecoins; as of December 10, $TRUMP was down 92% since its peak and $MELANIA was down 99% (Bloomberg)

    December 15, 2025

    Roomba maker iRobot swept into bankruptcy

    December 15, 2025

    Meta earned $18B+ in annual ad sales from China in 2024, making up 10%+ of its global revenue, with $3B+ linked to fraudulent ads like scams (Reuters)

    December 15, 2025

    Comments are closed.

    Editors Picks

    A brief history of Sam Altman’s hype

    December 16, 2025

    Severe droughts caused Indus Valley Civilization’s decline

    December 16, 2025

    3 ways to reduce trauma for everyone after an event like Bondi

    December 16, 2025

    7 Best Desktop Computers (2025): Gaming, Macs, Compact, and More

    December 16, 2025
    Categories
    • Founders
    • Startups
    • Technology
    • Profiles
    • Entrepreneurs
    • Leaders
    • Students
    • VC Funds
    About Us
    About Us

    Welcome to Times Featured, an AI-driven entrepreneurship growth engine that is transforming the future of work, bridging the digital divide and encouraging younger community inclusion in the 4th Industrial Revolution, and nurturing new market leaders.

    Empowering the growth of profiles, leaders, entrepreneurs businesses, and startups on international landscape.

    Asia-Middle East-Europe-North America-Australia-Africa

    Facebook LinkedIn WhatsApp
    Featured Picks

    Watch a Robot Arm Thrower, Curiosity’s New Terrain, and more

    June 28, 2025

    ‘Made in the USA’ reference disappears from Trump phone listing

    June 26, 2025

    Italian FinTech platform Toduba raises €3.5 million to digitise the employee welfare sector

    July 22, 2025
    Categories
    • Founders
    • Startups
    • Technology
    • Profiles
    • Entrepreneurs
    • Leaders
    • Students
    • VC Funds
    Copyright © 2024 Timesfeatured.com IP Limited. All Rights.
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us

    Type above and press Enter to search. Press Esc to cancel.