SECTION 1. Chapter 271 of the general laws are hereby amended by inserting after section 17B the following new section: -
The buying and selling of pools or betting squares at a public or private location based on the outcome of the National Football League champion game, or the National Collegiate Athletic Association division one basketball championship tournament shall be exempt as a gambling activity under this chapter; provided that all moneys collected from the participants in the pools or squares are used solely for the prize or prizes and that no moneys can be used compensate the organizer or organizers of the pool of squares as compensation for services. Failure for the organizer of the pool or squares to comply with this section shall be punished by a fine of not more than three hundred thousand dollars or by imprisonment in the state prison for not more than three years, or in jail or the house of correction for not more than two and one half years.
The information contained in this website is for general information purposes only. The General Court provides this information as a public service and while we endeavor to keep the data accurate and current to the best of our ability, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.