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Massachusetts [[https://my.buzztv.co.za/@lizzielucier7?page=about|sports betting]] might look completely different if a new bill proposed in the Senate succeeds. And if history is any indication, managed [[https://aicreator24.com/employer/bet9ja-promo-code-feb-2025-yohaig-%e2%82%a6100000-welcome-bonus/|sports betting]] in other states might likewise change dramatically.
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SD 1657 was presented by Sen. John Keenan. "An Act Addressing Economic, Health, and Social Harms Caused by [[http://111.231.7.24:3000/frankhogg19581|Sports Betting]]" aims to increase the current [[https://dandaelitetransportllc.com/employer/bet9ja-promotional-code-feb-2025-yohaig-%e2%82%a6100000-welcome-bonus/|sports betting]] tax rate from 20% to 51%. Additionally, Sen. Keenan calls for a total ban on live [[https://git.easytelecoms.fr/rudolphkleiber|sports betting]] (in-game wagering) and prop bets.
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The main thing to bear in mind is that Massachusetts has been at the forefront of stricter [[https://www.telewolves.com/kathyfairthorn|sports betting]] regulations. The 2nd thing to understand is that the language of this expense resembles the SAFE Bet Act, a federal piece of legislation presented in 2024.


This expense was presented not long after former Massachusetts Governor and existing NCAA president Charlie Baker testified in front of the Senate in a meeting on [[http://116.205.229.196:3000/wesleyrehfisch/bet9ja-promo-code-feb-2025-yohaig---n100000-bonus/wiki/BET9ja+Promo+Code+Feb+2025+YOHAIG+-+N100000+Bonus|sports betting]] guideline.


So, while this is currently a Massachusetts bill, it's likely to impact other states that offer regulated [[https://git.chuk.dev/arturo32k67082|sports betting]].

A closer look at SD 1657
Tax

Starting with the tax rate boost, bringing [[https://git.amelab.org/ludieschroeder|sports betting]] to 51% has been a target for Sen. Keenan before. Keenan proposed a tax boost at the last legislative session, however it was rejected. This increase would have can be found in the state's budget plan bill.


Just 3 markets have tax rates of 51%, the highest in the nation: New York, Rhode Island, and New Hampshire. At 20%, Massachusetts presently ranks sixth highest.

Prohibiting live betting and prop betting

The procedure restricts in-play (live [[https://twittx.live/read-blog/12721_bet9ja-promo-code-feb-2025-yohaig-100-000-bonus.html|sports betting]]) or prop [[https://giaovienvietnam.vn/employer/bet9ja-promo-code-february-2025-yohaig-n100000-bonus/|sports betting]]. Only straight wagers would be permitted, limiting sportsbooks to using only moneyline, spread, and overalls.


While Massachusetts and other markets have limitations on college wagering, this would impact even professional sporting occasions.


The expense also seeks to add benefits and same-game parlays to the category of "unfair and misleading practices." Sportsbooks favour same-game parlays due to their high "hold" percentage, the amount of cash they keep off each $1 bet.

Player Limits

SD 1657 also intends to create compulsory day-to-day and regular monthly limits for bettors. Bettors might not wager more than $1,000 a day and $10,000 a month without an 'affordability evaluation' which includes checking bank accounts. A gamer can not wager more than 15% of the amount in their account.


Massachusetts would end up being the very first market to require a price evaluation on bettors.

Advertising constraints

Keenan also wants to eliminate advertising throughout televised sporting events. The measure would forbid sportsbooks from running advertisements throughout games. The Massachusetts Gaming Commission has looked into developing a ban on in-game ads before. Nevertheless, this did not go through as nationwide television deals make this tough to implement.

Will the measure pass?

The step is extreme in its modifications to the [[https://gitea.lllkuiiep.ru/vanwwe27892064|sports betting]] industry in Massachusetts. Banning prop [[http://82.156.194.32:3000/maricruzbuntin|sports betting]] and increasing the [[https://ttaf.kr/pbbs/bbs/board.php?bo_table=qa&wr_id=695693|sports betting]] tax rate will likely cause pushback from local sportsbooks and industry supporters.
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Because of this, the step will likely be combated in the Senate and your home of Representatives. In the previous session, Keenan failed to raise the tax rate.


He would have to persuade the other senators who did not support his initiative before to alter their minds. If and when the Senate discusses this procedure, it is difficult to tell how it will be received.
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