Helping to grow revenue (and ad dollars) is the continued legalization of sportsbooks by states. Last month Massachusetts became the 36th state to legalize sports betting (Washington D.C. has also legalized it). Massachusetts joins Maine, Ohio, Nebraska, Kansas and Florida as states that have legalized gambling but has yet to enact any regulations.
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Bally¡¯s deal with the city required the company to pay the city $40M at the contract signing, with $4M in yearly payments and an anticipated $200M in tax revenue annually. Bally¡¯s also agreed to make $74M in infrastructure improvements in the River West district.



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