DraftKings is coming home.
The renowned Boston-based sportsbook gained the approval of the Massachusetts Gaming Commission in a Wednesday regulatory session and is expected to be granted a license to operate mobile sports betting in the state.
DraftKings joins a steadily growing list of notable sports betting sites on the cusp of being granted formal approval to launch in Massachusetts – and unlike Betr Sportsbook's at-times contentious meeting with the gaming commission a day earlier, DraftKings had little trouble convincing regulators that deserves a sports betting license.
"You presented a very thorough application," MGC Chair Cathy Judd-Stein said of DraftKings during Wednesday's hearing. "It was very content rich. For that, we are very appreciative. The fact that you’re here in Boston, it’s a pleasure to see that, when we know that the legislature always cares about the economic engine of gaming."
Massachusetts sports betting is on track to kick off in late January with retail betting options available, with the state's mobile betting platform still on pace to launch in March.
DraftKings is chasing one of six untethered Massachusetts online sports betting licenses in a state it has called home for years. Wednesday’s hearing was relatively drama-free compared with the Jake Paul-led session the day before, and the decision to grant an untethered license to one of the top sportsbooks in America appears as though it is just a formality.
There were a few concerns addressed, but none that approached any sort of threat to the sports betting provider.
The DraftKings Advantage
DraftKings entered Wednesday's meeting with the Massachusetts Gaming Commission with plenty of tools in its bag; foremost, its sterling reputation as one of the true heavyweights in the U.S. sports betting landscape.
DraftKings CEO Jason Robins highlighted a few other aspects of the brand that appealed to members of the commission. The company is a large employer in the Commonwealth of Massachusetts, and DraftKings' diversity hiring policy also added to its favorability.
it all aided in the company earning generally positive reviews from regulators.
Which Sportsbooks Are Approved in Massachusetts?
FanDuel and Bally Bet are the only two standalone sportsbooks that have already cleared the Massachusetts Gaming Commission interview stage and are ready to go live when the state’s mobile sports betting platform finally launches.
Barstool Sportsbook has been tethered to Plainridge Park Casino, BetMGM to MGM Springfield and Caesars Sportsbook to Encore Boston Harbor Casino; all should be ready to take bets in March. It appears that Betr will also be on that list.
Digital Gaming has its hearing on Friday while PointsBet goes Monday.
Voting on which sportsbooks will receive an official license to commence operations in March is expected to take place soon. Expect to get official announcement of the successful applicants next week – and you can expect DraftKings to be on that list with little resistance from the gaming commission.
And regardless of which books get green-lit, sports bettors can look forward to Massachusetts sports betting promos that are on par with or even exceed the industry standard in what should be one of the most competitive sportsbook landscapes in the country.