New Lege TREND. Fantasy Sports Bill includes US Supreme Court Issue.

The State: Massachusetts

The US Supreme Court Issue: New Jersey’s challenge to federal prohibition on sports betting heard by the highest court in December 2017

The Bill:  SD 2480    requires:

  • 15% gross revenue tax on daily fantasy sports operators
    • a lower tax rate than the state’s casinos
    • comparable to fantasy sports  tax rates in NY and PA
  • consumer protections- such as gmaing age
  • oversight by the Massachusetts Gaming Commission
  • registration fee up to $100,000 and set by the Gaming Commission

 

Sentinel & Enterprise | Fantasy sports bill is good bet for all
Glouster Times | Bill features fantasy sports tax, pro sports betting panel

Concord Monitor | Mass. lawmakers consider 15 percent tax on daily fantasy sports