Massachusetts asks prospective operators to submit notice of intent form – Legal & compliance

US

The newly authorized state regulator, the Massachusetts Gambling Commission (MGC), intends to require businesses interested in applying for a sports betting license to complete the documentation by August 31, 2022. Released the notification form.

In a statement accompanying the release of the form, MGC stated that notice of intent does not serve as an application for a sports betting license and that failure to apply will not prevent an organization from applying at a future date. I said no.

The MGC says the form will help the agency understand the level of interest it expects from the licensure.

“As MGC continues to work on the regulation and establishment of sports betting in Massachusetts, MGC has submitted this Letter of Intent to any entity interested in obtaining a sports betting license to do so. I am requesting that the situation of interest be brought about. Concentration.”

The announcement follows news on Aug. 10 that Governor Charlie Baker signed the Massachusetts Sports Betting Act into law, legalizing sports betting in the state and appointing MGC as the new regulated market overseer. is.

[Read full story on iGB North America]

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