Jake Paul’s Betr Sportsbook Clears Hurdle for Massachusetts License

Jake Paul's Betr sportsbook is one step closer to a mobile wagering permit in Massachusetts. The commission found it met expectations for licensing on Tuesday. It could be approved later this month. Betrs is seeking one of the seven "tethered" licenses for online sports betting in the commonwealth. It already has a permit for the same purpose in Ohio. Regulators had questions about the various controversies that have popped up around Betres co-founder Jake Paul.

Jake Paul's Betr Sportsbook is applying for a mobile wagering license in Massachusetts. The commission has concerns about Betrs media business and potential conflict with Paul competing in sports. Betters won't take bets on any fights in which Paul is participating. The company's CEO, Joey Levy, says they plan to proceed methodically in expanding betting markets.

Paul's application for a mobile license was advanced by the MGC. He will be able to offer online sports betting in early March. The M GC is taking a tougher stance on the sports wagering industry. The other applicants are companies connected to DraftKings, Betway, and PointsBet. Massachusetts' sports-betting law allows for up to 15 online Sportsbooks in the state. Betr's app has been downloaded more than 120,000 times since launching four months ago. It intends to take bets on baseball, basketball, football and fantasy sports.