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BOSTON (WBZ NewsRadio) — The Mass. State Legislature has reached a deal on a long-debated sports betting bill on Beacon Hill. House Speaker Ron Mariano said the Sports Betting Conference reached that deal early Monday morning.
College sports betting is included in the final deal, with a few caveats. The text of the conference committee bill (obtained by the State House News Service) says betting is allowed on college teams, unless they are based in Massachusetts. However, the bill would allow betting on Massachusetts college teams playing in college tournaments, like March Madness.
The State House and Senate had been deeply divided on whether or not to include betting on college teams in the final bill, with House leadership favoring college betting and Senate leadership opting against it.
As it stands now, retail in-person sports betting would be taxed at 15%, and mobile betting will be taxed at 20%.
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