Massachusetts Sports Betting: Sportradar Granted with Wagering Vendor License 

Massachusetts Sports Betting: Sportradar Granted with Wagering Vendor License 

Sportradar

With the acquisition of this license in the Massachusetts sports betting market, Sportradar is planning to further expand its presence across the states, territories, and tribes that make up North America.

Sportradar, a major player in the sports data technology industry, has been given the green light to start doing business in Massachusetts in time for the legal start of sports betting in the state.

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Providing SportsData and Technology Services to Sports Betting Brands

Sportradar Group AG has announced today that its subsidiary in the United States, Sportradar Solutions LLC, has been granted a temporary sports wagering vendor license by the gaming regulator in the state of Massachusetts, the Massachusetts Gaming Commission (MGC). 

As a result of the provisional approval for vendor operations, Sportradar now possesses a total of 44 licenses or equivalents across states, territories, and tribes in the United States of America and Canada. This lets the company offer its sports data and technology services to a wide range of customers who are all working to make sports betting more transparent and protect its integrity.

The declaration was made on the same day that Massachusetts became the most recent state in the United States to legalize betting on sporting events.

On the 31st of January, at ten in the morning, it became legal for people who are eligible to live in the Bay State to place bets on sporting events.

The Option to Bet in Person Is Now Available in MA

At first, gamblers in the state will only be able to place bets on sporting events in person at one of the state’s several land-based casinos. These casinos include the Encore Casino, which will feature the WynnBet sportsbook brand, the MGM Springfield, which will host BetMGM’s JV brand, the Plainridge Park casino, which will house PENN’s Barstool Sportsbook, and the Caesars Sportsbook at Raynham Park casino.

After all of these years, State Senator Adam Gomez, who sponsored the legislation that sought to legalize sports wagering in the Commonwealth, expressed his relief that Massachusetts would finally have legal sports wagering. 

Gomes is sure that the addition of BetMGM and sports betting will be good for the economies of both the city and the state.

Improving the Transparency and Integrity of Sports Betting

Later on this year, it is anticipated that the state will begin offering online sports betting for the first time. The income of brick-and-mortar sportsbooks in Massachusetts will be subject to a tax of 15% on the total amount of revenue, while the revenue of their online counterparts will be subject to a tax of 20%.

A voluntary self-exclusion list was established by the MGC in advance of the formal launch as a protection mechanism for individuals who experience feelings of vulnerability or who are at risk of developing or displaying problem gambling behavior.

If the person’s name is on the list, they won’t be able to go to gambling places and won’t be able to bet on sports events online. This makes sure that the ban will be followed throughout the Massachusetts sports betting market. 

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About Lou De Aguila

Lou Aguila is a news and feature writer for Golden Casino News. For over a decade, Lou has published news and featured articles for some of the most reputable sports betting and online casino sites in the world, including BetNow.UK, VegasOdds, and BWin. Apart from being a hardcore live casino punter, he also covers sports stories in North American leagues from time to time.