Massachusetts Sports Betting Tax to Aid Employment and Education

August 5, 2022 | By: Stephanie Wood

State policymakers in Massachusetts reached an agreement on legislation that will make sports betting legal in the state. The legislation sets the tax rate at 20% for online sports betting and 15% for retail. These tax rates are on par with what other states have set as tax rates, as most states tax between 10% […]

Massachusetts Reports $93 Million in Casinos Revenue in June

July 22, 2022 | By: Caleb Tallman

As the state of Massachusetts is working towards hopefully approving sports betting, one of the significant issues has been how to apply tax percentages to operators. One place to look for some ideas and potential increased revenue would be the current casino revenue. The state is getting a significant sum, and it is publically released […]