The bill aims to enhance diversity and inclusion within the Massachusetts sports wagering industry, particularly focusing on the participation of minority, women, and veteran-owned businesses (MBE/WBE/VBE). It mandates the Massachusetts Gaming Commission (MGC) to investigate and report on the engagement of these diverse enterprises and workers in the industry, highlighting the current low levels of participation and spending with diverse vendors. The bill proposes several recommendations, including the establishment of workforce diversity goals, structured strategies to increase vendor participation, and the allocation of sports wagering tax revenues to support initiatives that foster diverse-owned businesses. Additionally, it emphasizes the need for improved outreach and partnerships with local chambers of commerce to identify and engage diverse suppliers. To further support these objectives, the bill introduces new definitions and categories for spending, including Direct spending and Indirect spending, which encompasses Subcontracting and Ancillary Products and Services. It also calls for the creation of a directory for diverse businesses and the establishment of a third-party supplier diversity certification option to facilitate participation from diverse vendors. The bill underscores the importance of collecting data on payroll, employment, vendor spending, and patron behavior related to sports betting operations, aiming to create a comprehensive framework for promoting diversity and understanding the economic implications of sports betting in Massachusetts.