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H 481

An Act to encourage capital investment in retail sports wagering facilities

194th Legislature (2025-2026) Introduced by Dan Cahill

Bill H 481 encourages $7.5M investments in retail sports wagering facilities, boosting economic growth and job creation in Massachusetts' sports betting sector.

Hearing rescheduled to 11/13/2025 from 11:00 AM-02:00 PM in A-2 and Virtual Hearing updated to New End Time
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Bill Summary · H 481

Summary of Bill H 481: An Act to Encourage Capital Investment in Retail Sports Wagering Facilities

Purpose and Intent

Bill H 481 aims to stimulate capital investment in retail sports wagering facilities within the Commonwealth of Massachusetts. By modifying the existing regulations surrounding category 2 sports wagering licenses, the bill seeks to enhance the economic landscape and promote growth in the sports betting sector.

Key Provisions

  • Amendment to Category 2 License Definition: The bill proposes a change to Section 3 of Chapter 23N, specifically regarding the definition of a "Category 2 license."
    • Capital Investment Requirement: Instead of paying a standard fee outlined in section 5(f), a category 2 licensee may opt to make a capital investment of not less than $7,500,000 in a sports wagering facility. This provision is designed to encourage substantial financial commitments from operators in the sports wagering industry.

Affected Parties

  • Sports Wagering Operators: The primary beneficiaries of this bill are businesses seeking to obtain or maintain a category 2 sports wagering license. By allowing a capital investment option, the bill provides an alternative pathway for compliance with licensing requirements.
  • Economic Development: The bill is expected to positively impact local economies by fostering the establishment of new sports wagering facilities, potentially creating jobs and generating tax revenue.

Procedural Aspects

  • Introduced: The bill was introduced on February 27, 2025, by Representative Daniel Cahill of the 10th Essex district.
  • Legislative Actions:
    • The bill was referred to the Committee on Economic Development and Emerging Technologies on the same day it was introduced.
    • The Senate has concurred with the bill.
    • A hearing was initially scheduled for November 13, 2025, from 11:00 AM to 01:00 PM in room A-2, but has since been rescheduled to 11:00 AM - 02:00 PM on the same date, with updates for a virtual hearing format.

Conclusion

Bill H 481 represents a strategic move to enhance the retail sports wagering landscape in Massachusetts by incentivizing significant capital investments. By providing an alternative to traditional licensing fees, the bill aims to attract more operators and stimulate economic growth in the sector. The upcoming hearing will be crucial for stakeholders to discuss the implications and potential benefits of this legislative proposal.

Compiled from official sources — confirm details with the bill’s official record.

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