Massachusetts is preparing to overhaul its online gambling framework with House Bill 4431, introduced by Representative David Muradian. The proposal would establish a regulated online casino market while imposing a complete ban on sweepstakes-style platforms that use dual-currency systems. If approved, the law will take effect on January 1, 2026. Licensing, Regulation, and Player Protections Filed in January 2025 and now under review by the Joint Committee on Economic Development and Emerging Technologies, House Bill 4431 sets out a structured system for iGaming regulation. The legislation grants licensing eligibility exclusively to Massachusetts’ three commercial casinos — Encore Boston Harbor, MGM Springfield, and Plainridge Park Casino — with each able to partner with up to three branded operators. Licenses will cost $100,000 for application and renewal, and will remain valid for five years. Operators would pay a 15% tax rate on adjusted gross revenue, slightly below the 20% rate already applied to…Â Read More
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Source: Casino News Daily