Michigan House Committee Approves Sports Betting

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Michigan’s online gambling bills took a step towards passage following clearing by a state legislative committee. On Tuesday, Michigan’s House of Representatives’ Ways and Means Committee approved Rep Brandt Iden’s online casino betting bills by votes of 10-1 each. The bills will proceed to the floor of the house later on during the week for further debate.

Iden, Chair of the Committee, proposed a passing of the online and betting bills as one piece of legislation but uncoupled the two in September as he believed that the betting aspect would not meet much resistance as a single entity. Iden also made changes to the bill’s tax language as he hoped that it would get more legislators on board.

The betting bill was approved by the committee could charge tribal casinos 8.75% tax on their betting revenue and in Detroit, three casino’s would pay 12%.

Iden has controversially added a requirement for Michigan bookmakers that they should use official league supplied data with a caveat that the data should be supplied at commercially reasonable terms. The terms can include the quality of the data as well as to make sure that data is available from more than one source.

Source: https://calvinayre.com/2019/10/29/business/michigan-advances-sports-betting-igaming-bills/

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