Massachusetts Republicans Propose Regulation With Four License Limit

The Taunton Daily Gazette reports that the state Senate Republican caucus is proposing an amendment to the Massachusetts budget that would allow online gaming in the state.

The proposal is that the three existing casinos and the coming slots parlour would be the only organizations allowed to apply for licenses.

Online gaming revenue would be taxed at 20% with a license fee set at $300k in year one with an annual renewal of $150k. Licensees would be restricted to games that do not compete with the state lottery.

The state’s House of Representatives has only just rejected a proposed amendment to license online gaming to the existing casinos on payment of a $10m application fee.