Relates to apprenticeship training
Category 2 retail sports wagering licensees may invest at least $7,500,000 in a facility instead of paying the Section 5(f) fee, boosting local development and jobs.
Category 2 retail sports wagering licensees may invest at least $7,500,000 in a facility instead of paying the Section 5(f) fee, boosting local development and jobs.
S.294 is a short amendment to Massachusetts General Laws chapter 23N (the statute governing sports wagering). Its stated purpose is to encourage capital investment in retail sports wagering facilities by giving certain licensees an option to make a defined capital investment in lieu of paying a statutory fee.
(Plain language: A Category 2 retail sports wagering licensee can choose to invest ≥ $7.5 million in a sports wagering facility rather than pay the specified fee under section 5(f).)
Compiled from official sources — confirm details with the bill’s official record.
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