Mass Mess: 'Biggest F You I've Seen to a Regulator From a Licensee in 20 Years'

Written by:
C Costigan
Published on:
May/21/2024

Massachusetts regulators were given the finger in recent days after 10 sportsbook operators declined to participate in a roundtable discussion about limiting players.  Now some industry pundits are left wondering why the commonwealth doesn't just yank their licenses. 

ads-life-300x250-1.gif

Robert Linnehan of XL Media:

"As expecting, the Massachusetts Gaming Commission released correspondence from the sports betting operators that declined to participate in today's roundtable on limiting bettors.  Most said if they participated they'd be divulging proprietary or trade secrets."

David Payne of ESPN:

"Longtime betting industry consultant on decision of 10 sportsbooks operators not to participate in a roundtable discussion with the Massachusetts Gaming Commission on the practice of limiting bettors:  "Honestly, it's the biggest 'F U' I've seen to a regulator from a licensee in 20 years'."

Journalist Matt Soleyn responded: "The State should revoke licenses for any operator who refuses to be accountable to the public, but the State should also pass a law that sportsbooks cannot place lower limits on individual bettors or terminate accounts of people who 'beat' the book and win."

DraftKings, which is headquartered in the commonwealth, issued a statement regarding its decision not to take part.

"After careful consideration, DraftKings decided not to participate in the Massachusetts Gaming Commission roundtable regarding wagering limits, because among other things, any meaningful discussion about wagering limits would necessarily involve the disclosure of DraftKings' confidential risk management practices and other commercially sensitive business information.  DraftKings looks forward to working with The Commission to explore alternative ways to contribute to this discussion, while preserving the confidentiality of that information." 

One gambler on Twitter may have uncovered this tightly guarded trade secret.

Chase Dawg tweeted: "Draftkings really raised my limits on boosts and promos while I'm on a cold streak. The gambling industry really is predatory lmao."

chrisg911_0.png

By  Chris Costigan

Chris founded Gambling911.com in 1999 and serves as the website's publisher.  He brings more than 3 decades of expertise related to the gambling and sports betting sector.  Creative talent is in Chris' genes, which he brings to the G911 website.  He comes from a showbiz family that includes Yankee Doodle Dandy George M. Cohan.  Chris is the grandson of artist John E. Costigan, whose work appears in the Smithsonian.  Chris' father was also in the news business and co-founded what is today the Union County Performing Arts Center.  Chris is a graduate of Kean University. 

Gambling News

How to Enjoy NFL Football Games

Sweating out your parlays, enjoying a family BBQ, binge-watching NFL RedZone like a madman—football is all about perspective.

Why Millennials Are Flocking To Crash Gambling Games

Gambling, while it has existed for centuries, is not a stagnant concept. On the contrary, gambling trends have changed and evolved with time to reflect our tastes and attitudes. As millennials became the dominant market for gambling, it was clear that they were not the same generation as their predecessors.

Syndicate

Subscribe to Syndicate
More