Bettors set their own record last month by putting about $678.75 million on the line as wagers on September sporting events. That unseats the previous record monthly handle of $658.7 million wagered on events in December 2023.
Gambling
Posted inGambling
iLottery off to a very slow start
Treasurer Deb Goldberg announced a new timeline for the online lottery, saying the initiative will not launch until April 2026, near the end of fiscal 2026.
Posted inGambling
Long-stalled gambling data project moves forward
Massachusetts gaming regulators are moving forward with a data collection project – mandated by a 2011 statute – dealing with problem gambling that’s been on ice for almost a decade because of industry and pandemic delays.
Posted inGambling
Does living near a casino impact youth gambling habits?
A year-long study paid for with casino mitigation funds would explore how 14- to 25-year-olds in Charlestown experience gambling, their feelings about the Encore, and make recommendations about how the city of Boston can protect youths “from being harmed or exploited by gambling.”
Posted inBy The Numbers
Sports betting is soaking ‘financially constrained’ households
The study linked sports betting to “a large decrease” in deposits to brokerage accounts, accompanied by “decreased credit availability, increased credit card debt, and a higher incidence rate of overdrawing bank accounts.”
Posted inGambling
Online lottery charges toward legalization with some safety tweaks
Based on other states with iLotteries, some of the products would be as straightforward as allowing someone to play Mass Cash or Powerball over their mobile device. Others look like something of a high-tech scratch-ticket. Some approach the appeal of more traditional mobile games – matching patterns, playing battleship – and still others approximate games more often found in casinos than on a lottery ticket.
Posted inGambling
Addiction in mind, Mass Gaming officials mull stricter advertising regulations
Researcher Rachel Volberg advised restricting celebrity endorsements to reduce their appeal to young people and problem gamblers. Volberg emphasized the importance of monitoring emerging forms of advertising on social media platforms, which can be more insidious and harder to regulate.
Posted inGambling
Mass. Gaming Commission studying online casino games, AI use
The Massachusetts Gaming Commission is trying to get its arms around the technological future of gambling – seeking bids for research into the potential impacts of “iGaming” and the use of artificial intelligence in the gaming industry.
Posted inGambling
Wynn, Everett at odds over casino expansion across Broadway
“It has become apparent that we are unable to negotiate an agreement with the City of Everett regarding property taxes, impact fees, and infrastructure improvements in a timely fashion,” the company said in a statement that replaced the website for the project.
Posted inBy The Numbers
Poll indicates young people aren’t betting on sports as much as feared
One year into legalized sports gambling and growing concern about its impact on the young, a new CommonWealth Beacon/GBH News poll doesn’t paint a clear-cut apocalyptic picture.