Applications for a Massachusetts sports betting license are due Monday, and a top gaming official said Thursday afternoon that “all eyes” are expected soon.
Members of the public will find out next week which companies are seriously considering their bids for a sports betting license in a brand new market. Thirty enterprises primary documents have been submitted It has indicated their willingness to apply for a license, but it remains to be seen how many will turn into actual applications.
Loretta Lilios, director of the Massachusetts Gaming Commission’s Bureau of Investigation and Enforcement, said at the end of an hours-long meeting Thursday in which members of the Massachusetts Gaming Commission walked the mountain of sports betting regulations that “all eyes” were on Monday’s deadline.
“This is a critical time for operators. We have been meeting them in groups by category. We’ve answered their questions and I know they’re now working hard on their application,” he said. “As a team, we’re working hard to make sure Monday goes smoothly for initial processing.”
- Read more: Encore has reached a preliminary agreement with Caesars to acquire one of its mobile sports betting licenses
Applications for sports betting, along with a non-refundable $200,000 application fee, will be accepted until Monday at 2:00 p.m. The application is considered public record under state lawand the commission plans to review them and eventually release them.
The document asks about everything from previous sports betting experience to employment opportunities and what responsible gaming policies the company plans to implement, including “how it promotes racial, ethnic and gender diversity.”
Responses will be scrutinized by both commissioners and staff, and the commission’s Office of Investigation will assist commissioners in their efforts to determine which applicants are best suited to establish themselves in Massachusetts’ brand new market.
Three casinos — MGM Springfield, Plainridge Park Casino and Encore Boston Harbor — are expected to apply for Class I sports betting licenses and, if approved, will be able to offer in-person betting. mortar facilities.
Gov. Charlie Baker’s legislation, passed in August, also allows three casinos to offer mobile sports betting through two separately branded platforms.
Encore arrives at Boston Harbor “advance agreement” One of the mobile sports betting licenses will be handed over to Caesars Interactive Entertainment – but the apps still need to be developed and approved by regulators.
It was one of the first major deals to be made public in original documents known as scoping studies, and Encore became the Boston Harbor Gaming Commission.
The full applications could reveal companies planning to partner with MGM Springfield, Plainridge Park Casino and Raynham Park, Suffolk Downs in Massachusetts to offer mobile betting on the same platform.
If mobile betting companies can work out the right deals with casinos or simulcast facilities, they can avoid the process of competing for one of the state’s seven mobile betting licenses.
- Read more: Regulators have made clear recommendations regarding sports betting applications for horse tracks and simulcast centers
All companies are still subject to Gaming Commission inspections, and deals involving casinos, racetracks and simulcast facilities do not guarantee full access if regulators find problems.
During Thursday’s hearing, Lilios reminded commissioners for the second time that “all eyes are on Monday.”
“We’re still working on regulations and other preparations, but everyone’s focus is on Monday,” Lilios said.
The commission also waived regulations during Thursday’s session, spending hours on seven bills that include everything from minor protections to sports betting equipment and betting kiosk operating certificates.
The Gaming Commission approved in-person betting in late January and online betting in early March, but those dates can be adjusted if problems arise.
Regulators previously said applications from operators in the second category, which includes Raynham Park and Suffolk Downs, would be on hold as companies spend more time assessing their needs, finding sportsbook partners and solidifying physical locations.