The wait is finally over for sports bettors in Massachusetts, as the official launch of online gambling was made this March. The journey to legalize online gambling in Massachusetts began with Governor Charlie Baker signing it into law back in August. With the legalization came much anticipation and excitement among operators and consumers.
Several operators have set up shop in Massachusetts, offering a wide range of betting options to sports enthusiasts across the state. These include well-known names such as DraftKings, FanDuel, BetMGM, and more. With the market opening up, there is no doubt that competition will be fierce among these operators as each tries to gain market share and attract new customers.
With the launch of mobile gambling, Bay State residents no longer have to travel to MGM Springfield, Encore Boston Harbor, or Plainridge Park Casino in Plainville to place bets, as they can now do so from their phones. as long as they are over 21 years old.
Bookmakers expect big profits
Bookmakers expect big profits with the launch of mobile betting in the Massachusetts area and see this new stage as a great opportunity.
“The debut of sports betting in Massachusetts has delivered an incredible amount of excitement and activity to our retail Sportsbook at MGM Springfield,” BetMGM CEO Adam Greenblatt said in a statement. “We’re proud to expand our best-in-class wagering experience statewide during one of sports’ biggest months of action.”
FanDuel, also issued a statement. “Massachusetts is home to some of the most passionate fan bases across the country and we’re excited to enhance their viewing experience with the launch of the FanDuel Sportsbook app,” said Mike Raffensperger, chief commercial officer of FanDuel Group. “Bruins fans are the true embodiment of that passion and we look forward to supporting the team this season and beyond.”
“It’s a very exciting day for us,” said Jason Robins, chairman, and CEO of DraftKings. “I feel inspired. “We have been waiting for this for a long time,” he added. “It’s not just because it’s our hometown. It’s also because Massachusetts is a special sports town as well.”
Lawmakers and the state government are also very enthusiastic about mobile betting as they believe it will give a big boost to state revenue, with projections estimating a $70 million tax revenue.
“Gambling in our state is about to enter a new phase,” Pat Moore, first assistant attorney general, said “Until now, legal gaming has been predominantly been confined to a handful of brick and mortar sites. Now every smartphone has the potential to be a sports book, and sports betting apps are on the verge of becoming mass market products in the Commonwealth.”
New Frontiers for Pay Per Head Bookies
With the rise of technology, online gambling is now reaching more corners of the planet than ever before. This presents an opportunity for Pay Per Head bookies to capitalize on this trend by expanding their services to new markets. By doing so, they can tap into a growing customer base and increase their profits.
One reason why online gambling is becoming more popular worldwide is because of the internet. Online casinos and sportsbooks are easily accessible from anywhere with an internet connection, making it easier for people to gamble than ever before. Additionally, many countries are legalizing or relaxing restrictions on gambling, which means that more people can participate in these activities legally.
Pay Per Head bookies can take advantage of this trend by offering their services in new markets where gambling is becoming more accepted.
In fact, bookmakers need to expand their horizons to reach new markets. The best way for them to do this is by partnering with a good Pay Per Head provider.
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