Michigan is only one signature away from legal online gambling and betting on sports

Home » Michigan is only one signature away from legal online gambling and betting on sports

The new drafts of their online gambling, sports betting and daily fantasy sports bills were approved by Michigan state senators on Wednesday morning. From there, the bills–which was substantially revised on Tuesday–traveled back for competition to the State House of Representatives, which they duly got.

Michigan One Signature From Online Gambling Sports Betting

All that’s required now is the signature of Gov. Gretchen Whitmer, and unlike last year that saw Gov back then. After everyone had gone home for the holidays, Rick Snyder vetoed online gambling legislation, Whitmer (pictured) strongly signaled she was ready to put pen on paper and make this online dream come true.

When Whitmer’s signature is dry–possibly as early as next week–the Michigan Gaming Control Board will have to develop the necessary rules, review license applications for both the state’s casino operators –23 tribal locations, three Detroit commercial casinos–and authorize their gaming software partners.

Sports betting is likely to be up and running in time for March Madness, although online casino and poker operations are not likely to receive technological clearance until much later next year.

Every casino operator will be allowed to operate a single online sports betting platform, while online casino / poker legislation enables every casino to operate up to two different online brands, “1 for each digital poker and other casino style games.” Michigan becomes only the fifth US state to allow online casino gaming, following Delaware, New Jersey, Pennsylvania and West Virgini. Michigan is now the twentieth state to allow some form of sports betting–although only 13 of those states actually opened their legal betting markets–and the thirteenth state-wide online gambling.

As proven by MGM Resorts ‘ MGM Grand Detroit recently opening its latest Moneyline sportsbook-in-waiting inside its walls, Detroit’s casinos have been itching to add gambling to their gaming palette. Currently, the’ sports lounge’ is just a place for watching sports and having a drink, but this should change in early 2020.

Speaking of, in November, Detroit’s casinos created $124.2 m in gambling revenue, a 5.6% increase from last year’s same month. MGM’s location ruled the roost at $53.9 m (+ 2.8%), while Motorcity ranked second at $39.3 m (+ 3.2%) and Greektown earned $29.5 m (flat) to the middle.

Source: https://calvinayre.com/2019/12/12/business/michigan-online-gambling-sports-betting-awaits-governor-signature/

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