WynnBet Becomes First Massachusetts Online Sports aposta online Licensee
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A new milestone
The committee’s decision came after a near seven-hour meeting reviewing the Las Vegas headquartered company’s application. WynnBet ultimately received a Category 3 license and is now tied to Encore Boston Harbor, a $2.6bn property with over 200,000 square feet of mini game cassino online space.
The Massachusetts Gaming Commission (MGC) unanimously named WynnBet as the first legal online licensed sports aposta online operator in the state’s history Tuesday.
received a Category 3 license and is now tied to Encore Boston Harbor
The MGC has not set an official timeline for the launch of its online sports aposta online market. The hope is that online operators will be licensed and ready for business by early March to capitalize on the popularity of March Madness aposta online. mini game cassino,Online Casino,aposta online,mini game cassino online,
Setting up the market
The upcoming market for Massachusetts sports aposta online is quickly taking shape. In addition to the WynnBet and Caesars reviews, the state is set to hold meetings with representatives of Barstool sportsbook and Fanatics. Both companies have agreements with Plainridge Park Online Casino in Plainville..
Bally Bet, Betr, Betway, DraftKings, FanDuel, and PointsBet have all applied
Bally Bet, Betr, Betway, DraftKings, FanDuel, and PointsBet have all applied for standalone online licenses and will be reviewed once the committee reconvenes in 2023. If all are approved, that would mean there would be just one standalone license left up for grabs. mini game cassino,Online Casino,aposta online,mini game cassino online,
The MGC already earmarked Plainridge Park’s digital and retail applications for review in the coming weeks. It has been hesitant to respond to Barstool’s request for access to the market following a damning piece from The New York Times on founder Dave Portnoy. mini game cassino,Online Casino,aposta online,mini game cassino online,
“Barstool Sports is the elephant in the room,” MGC Commissioner Nakina Skinner said when discussing the controversial company last Tuesday.
The MGC is also vetting BetMGM in conjunction with MGM Springfield’s Wednesday review. If approved, it would become the second licensed online operator in the state’s history.
WynnBet expanding to Massachusetts
WynnBet is already live in nine states and will soon provide service to the Ohio sports aposta online market when it launches on January 1, 2023. It launched in New Jersey in 2020 and has quickly picked up steam on the back of the success of its parent company, Wynn Resorts.
hope that they will be able to launch retail sports aposta online in January
The new license officially binds WynnBet to Encore Boston Harbor, both of which are Wynn Resorts entities. Online Casino officials hope that they will be able to launch retail sports aposta online in January to feed the NFL and Super Bowl aposta online crowds.
The growing operator’s license was granted with stipulations that it provide information on vendor diversity and spending before it goes live. WynnBet higher-ups successfully impressed Massachusetts regulators with their statistics and were waved through. mini game cassino,Online Casino,aposta online,mini game cassino online,
Caesars also joined forces with Encore Boston Harbor through a preliminary agreement and has named the Online Casino as its partner in its license application. State law requires interested online platforms to be tethered to one of three Online Casinos or two racetracks if they want to avoid filing for one of seven standalone online licenses.
The MGC was also supposed to review an application from Caesars sportsbook Tuesday but was forced to delay due to the lengthy review of WynnBet’s application. The Caesars review is now occurring Wednesday, which had been scheduled as a day to review retail and digital applications from MGM Springfield.
Bet365 has also applied for a license through a partnership with Raynham P ark, a racetrack in Raynham, but will have to take a back seat to Online Casino and standalone license requests.