Massachusetts Based DraftKings Meets Criteria For Online Sports Betting License

While it lacked the star power (and fireworks) of yesterday s Betr hearing, state regulators gave commonwealth-based DraftKings its initial stamp of approval for an untethered license.

DraftKings, which employs more Massachusetts residents than any other state, met or exceeded criteria for an untethered Category 3 sports betting license, according to the Massachusetts Gaming Commission (MGC).

You presented a very thorough application it was very content rich. For that, we are very appreciative. The fact that you re here in Boston, it’s a pleasure to see that, when we know that the legislature always cares about the economic engine of gaming, MGC Chair Cathy Judd-Stein said.

Commissioners Concerned with Responsible Gaming, Employee Diversity

While it was rule…