The ever-evolving world of Massachusetts sports betting underwent a few refinements Monday.
The Massachusetts Gaming Commission (MGC) approved two revised regulations regarding third-party affiliates and other advertising.
CMR 256.01 (3) was revised to:
“No Sports Wagering Operator may enter into an agreement with a third party to conduct advertising, marketing, or branding on behalf of, or to the benefit of, the licensee, in exchange for a percentage of net sports wagering revenue earned from users that the third party directs or causes to be directed to the Operator.”
CMR 256.01 (4) was revised to:
“Any advertisement or promotion for Sports Wagering shall disclose the identity of the Sports Wagering Operator and whether a financial relationship exists between any Person providing an endorsement or promotion and the Sports Wagering Operator.”
A current broader waiver that was approved earlier this month by the MGC remains in place until April 14.
All other proposed regulation modifications were approved as well, including information and filings, professional practice, emergency action, withdrawal of an application, review of a proposed transfer of interest, discipline of sports wagering operators and other licensees, continuing disclosure and reporting obligations of sports wagering licensees and surveillance and monitoring.
BetMassachusetts.com – your home to Massachusetts sports betting promos – will stay on top of any changes to key regulations.
Penalties Not Announced
It was expected during public hearing No. 445 Monday that the MGC was going to announce penalties on two sports wagering providers: WynnBET Massachusetts (Encore Boston Harbor in Everett) and Barstool Massachusetts Sportsbook (Plainridge Park Casino) for taking illegal retail college bets back in February.
Both had self-reported the violations, but no further action has been announced by the Commission.
Look to BetMassachusetts.com for the best information on Massachusetts betting apps.