You might be able to place a authorized wager regionally on Super Bowl LVII this yr, but it surely’s nonetheless not a positive wager.
“This is a timeline,” Gaming Commission Executive Director Karen Wells mentioned. “These are not set dates. Intentionally.”
Commissioners had been introduced with a draft timeline throughout a public assembly Thursday for the implementation of An Act to Regulate Sports Wagering, signed this August by Gov. Charlie Baker however not but regulated by the state’s gaming fee.
The fee realized that it’s going to take a minimum of till January for staffers to place collectively the practically 200 recognized laws required for authorized in-person sports activities betting to go stay with licenses issued and operators conscious of their obligations and tax obligations.
It will take a minimum of one other month, till someday in February, Wells informed the fee, to get cellular betting up and operating.
Super Bowl LVII is scheduled for Feb. 12 in Arizona.
The drawback with a simultaneous launch of each playing choices, Wells mentioned, is that although the retail institutions exist already — bodily locations like casinos and race tracks — the cellular platforms are totally new enterprise entities within the state and should compete for a small variety of licenses.
“One of the issues of doing a timeline under the situation that Massachusetts is in right now is the lack of certainty, in that we have Category 1 and Category 2 operators, we’ve basically identified who those licensees are,” Wells mentioned. “But we have this secondary component of this process where you would have a competitive process for up to five untethered applicants. That is a significant process.”
More than 40 cellular betting corporations have notified the fee they intend to use for a brief license. That means the fee will want additional time to pick out the highest candidates, Wells mentioned, a course of that itself would require the approval of the fee.
Only three different states have gone via such a course of, Wells informed commissioners, which means the commonwealth doesn’t have lots of information to go on for the way lengthy it could take.
As far as if the timeline will stick, commissioners had been warned that Wells and the fee workers had been already an “aggressive” timeline that assumed not each single operator who had mentioned they’d apply will observe via.
“We don’t know exactly how many of those companies actually will file an application for a Category 3 license,” she mentioned. “I think we’re dealing with approximately 35 applicants. A timeline that is this aggressive necessarily presumes that number is reduced and you are not going to get 35 applications. Now you might — and I want the commission to be aware of that.”
“There is no way we could do this any earlier,” Wells informed commissioners. Maybe March Madness is a safer wager.
Source: www.bostonherald.com”