Barstool Sportsbook Approved by Massachusetts Regulators for Mobile Betting

Barstool Sportsbook has been approved for a mobile sports betting license in Massachusetts. The license is to be tethered to PENN's Plainridge Park Casino. Regulators attached conditions to their approval. They include that no one under 21 can attend any of Barstol Sports' live college football shows. There are now four operators on track to operate online sports bets in the state.

PENN bought a 36% stake in Barstool Sportsbook in February 2020 and plans to buy it entirely in August 2022. The transaction has granted PENN the right to use the BarStool brand for its sports-betting operations. Penn tried to ease concerns about Bar stool by stressing responsible-gambling efforts. The company has removed the term "risk-free" from its promotional offers.

Wednesday's approval follows a busy December for the MGC. It approved in-person sports betting licenses for three casinos and three mobile sports bets. The commission is eyeing a January 31 start for retail sports betting at the casinos, and an early March launch for online wagering. BetFanatics' application for a mobile wager was approved on Wednesday. The M GC will review other applications for mobile betting in January 2023. Massachusetts’ sports-betting law provides for up to three sportsbetters licenses.