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Can you summarize 205 CMR 247?
Massachusetts Gaming Commission (formerly State Racing Commission) > Uniform standards of sports wagering
Short Summary
These legal documents, part of the Code of Massachusetts Regulations, establish the uniform standards of sports wagering in Massachusetts. They cover various aspects of sports wagering, including authorized and prohibited Sporting Events and Wager Categories, House Wagering Rules and Patron Access, petition process for approval of new Sporting Events or Wager Categories, use of data sources and official league data, conduct of sports wagering tournaments, contests, and pools, acceptance of sports wagers, minimum and maximum wagers, maintenance and disclosure of promotional offers, and offering of exchange wagering and other peer-to-peer wagering. The documents apply to Sports Wagering Operators, Massachusetts Gaming Commission, Sports Governing Bodies, Players Associations, and patrons engaging in sports wagering activities in Massachusetts. They provide guidelines and requirements for operators, outline the approval process for new events or categories, address the use of data sources and official league data, establish rules for tournaments and contests, specify the acceptance of wagers, set limits for minimum and maximum wagers, mandate record-keeping and disclosure of promotional offers, and regulate exchange and peer-to-peer wagering. However, no specific exemptions or penalties are mentioned in these documents.
Whom does it apply to?
Sports Wagering Operators, Massachusetts Gaming Commission, Sports Governing Bodies, Players Associations, and patrons engaging in sports wagering activities in Massachusetts
What does it govern?
Sports Wagering Operators, Massachusetts Gaming Commission, Sports Governing Bodies, Players Associations, and patrons engaging in sports wagering activities in Massachusetts
What are exemptions?
No specific exemptions are mentioned in these documents.
What are the Penalties?
No specific penalties are mentioned in these documents.
Jurisdiction
Massachusetts