BOSTON — Massachusetts sports fans raced to their cellularphones Friday to start putting bets as the state permitted online sports betting simply days ahead of next week’s start of the NCAA college basketball competition.
The start of online sports betting came a little over a month after the state started permitting individuals to location wagers in individual at the state’s 3 gamblingestablishments — Encore Boston Harbor in Boston, Plainridge Park Casino in Plainville, and MGM Springfield in Springfield.
Lawmakers quote that sports wagering might produce about $60 million in yearly tax profits and $70 million to $80 million in preliminary licensing costs, which should be restored every 5 years. The law consistsof a 15% tax on in-person betting and 20% tax on mobile betting.
People needto be 21 or older to bet.
Among those who started wagering online Friday was Taylor Foehl, a 31-year-old graduate trainee in Boston.
Just after the 10 a.m. start of online betting, he positioned a $5 bet on Purdue to defeat Rutgers in their Big Ten guys’s college basketball match. He stated he selected Purdue duetothefactthat one of his pals signingupwith him at the Cask ’n Flagon sports bar throughout the street from Fenway Park participatedin the school.
Foehl stated he hadn’t bet in the past however utilized the FanDuel app “to have a little action on the videogame” they were viewing.
“It’s certainly a great time for it with college basketball reaching their playoffs,” he stated. “I’m a huge sports fan, especially of Boston sports. I’ll watch simply about every minute of every videogame when I can.”
Foehl stated informatio