Ten states plus Washington D.C. have already launched or authorized sports betting since the Supreme Court overturned the ban on wagering in May 2018.
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Gov. Charlie Baker unveiled a proposal on Thursday that would legalize and tax betting on professional sports online and at casinos in Massachusetts.
The Department of Justice’s Office of Legal Counsel has issued a replacement for its 2011 opinion, saying that the Wire Act only applies to sports betting.
Turner Broadcasting System, Inc., the owner of popular cable stations and sports broadcasting rights, says its plans to cash in on the forthcoming sports wagering boom.
Legal sports wagering in the U.S. is forecast to rise 16-fold to $81 billion by 2030, according to a November report released by H2 Gambling Capital, a UK-based market intelligence company.