1 Day
Source:
The Boston Globe
Massachusetts Lottery bets reach $29M
The Massachusetts Lottery recently launched its online app, resulting in over $29 million in bets within two weeks. While the state aims for a billion dollars in revenue in the first year, retailers fear the app will reduce in-store foot traffic and sales of ancillary products, impacting their profits. Concerns also include increased gambling addiction risks, particularly among vulnerable populations, though safeguards such as timers and self-exclusion are in place. Retailers, players, and experts are discussing strategies to balance online access with preserving in-store sales and addressing addiction concerns.
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