Dozens Of New Entities Interested In Massachusetts Sports Betting Licenses

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Massachusetts sports betting operators

Dozens of sports betting companies are interested in obtaining market access in Massachusetts, the state gaming commission announced Thursday.

A total of 42 entities submitted a Notice of Intent to apply for a license to operate Massachusetts sports betting. Companies had an Aug. 31 submission deadline, per the Massachusetts Gaming Commission.  

MA has 15 online sports betting licenses — seven of which will be decided during the competitive bidding process. There is still no firm timetable for the launch of retail or online sports betting in MA. The gaming commission will hold its next public meeting on Sept. 8, with its focus surrounding regulations. 

Companies with MA sports betting interest

Connecting the dots so far

As expected, industry leaders FanDuel and Caesars have joined the list after not being in the previous list released by the commission. 

BetMGM (MGM Springfield), WynnBet (Encore Boston Harbor) and Barstool Sportsbook (Plainridge Park) will access the market via physical casino properties. Each of the three Massachusetts casinos allows access for two online sports betting apps each. 

BetRivers also said during a recent earnings call it has an MA market access in both online and retail. Racetracks Raynham Park and Suffolk Downs each can have one online sportsbook partner.  

Boston-based DraftKings is a heavy frontrunner for a license. 

MA sports betting launch date still TBD

The commission has been adamant that intends to deliberate in its work before launch. Earlier this week, a Massachusetts law panel said it seemed unlikely that the gaming commission would issue temporary licenses to allow for sports betting this upcoming football season. 

The panel also said there was interest from the commission in having all online sports betting operators eventually launch at the same time to avoid giving anyone a competitive advantage out of the gate. 

Companies hoping for a firm launch date remain in waiting mode. It’s unclear if retail sportsbooks will have a shot at opening before the end of the year. The Sept. 8 meeting could provide some much-needed clarity.