The Massachusetts Gaming Commission (MGC) held public hearing No. 449 Tuesday morning and approved a conditional Operation Certificate for Miami-based Betr.
That will allow the micro-betting app co-founded by Jake Paul to operate in Massachusetts sports betting.
Betr is the seventh Massachusetts betting app to be approved in the Commonwealth.
Retail sports betting launched on Jan. 31 at three Massachusetts casinos, then mobile sports betting launched with six providers on March 10.
In August 2022, Jake Paul (President) founded Betr, alongside Simplebet founder Joey Levy (CEO). Paul is a social media personality and professional boxer (6-1, 4 KOs), who lost a split-decision to Tommy Fury on Feb. 26 in his last fight.
Betr launched its first real money gaming product in Ohio in January and launched a free-to-play app in 48 states, including Massachusetts, in September 2022.
Betr Sportsbook Massachusetts also is the first operator in the nation to ban credit cards as a method of depositing. The app currently accepts only debit cards and will be expanding to include PayPal and online banking shortly. It also has implemented deposit limits for users between the ages of 21 to 25.
Also Discussed at the Hearing . . .
- The MGC also approved the house rules for Fanatics Sportsbook Massachusetts. There is no date set for the Fanatics launch.
- Betting procedures for this week's NFL Draft, which starts Thursday night, were outlined and approved.
- MGC Executive Director Karen Wells was approved for a $15,000 bonus and a 4% raise, which boosts her salary this year to $215,800.
- The MGC will hold a public hearing and public meeting Tuesday night (6-8 p.m.) at Everett City Council Chambers in Everett on Wynn Resorts’ proposal to construct a phased development across the street from Encore Boston Harbor. There is a WynnBET Massachusetts sportsbook at the casino.
The Commission is currently considering the first phase of this development to determine whether to include this as part of the current gaming property at Encore.
BetMassachusetts.com will keep you updated on sports betting news in the state, as well as provide Massachusetts sportsbook promos.
