PointsBet Withdraws from Massachusetts Sports Betting Market

PointsBet Withdraws from Massachusetts Sports Betting Market article feature image

PointsBet has withdrawn its online sports betting application to operate in Massachusetts, according to an announcement from the Massachusetts Gaming Commission on Thursday.

PointsBet's pullback from entering the Massachusetts sports betting market means the Bay State is currently projected to have 10 online sports betting operators with seven of them expected to launch when mobile betting goes live on the expected March 10 date.

Massachusetts was set to be PointsBet's 14th live state.

"We have chosen this path to emphasize our continued focus on our 14 live states of the US (plus Ontario) and how we can best optimize those markets," a PointsBet spokesperson said in a statement.

PointsBet is the second sportsbook to pull out from joining the new sports betting market in Massachusetts — bet365 announced its withdrawal plans late last month.

More on Other Massachusetts Sportsbooks

The gaming commission also announced on Thursday that the following 10 sportsbooks paid $1 million each to earn a temporary Massachusetts sports betting permit, which is valid for one year:

Bally Bet and Fanatics shared that their respective launches will occur sometime in May. Betway, on the other hand, is the only book in this group that is expected to wait to launch until 2024.

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