Michigan proposes a 25–50 cent per-bet tax modeled after Illinois, projecting $38.8 million in annual revenue for Medicaid funding. Illinois saw a 15% drop in betting volume after implementing the same tax as operators passed costs to bettors through fees. Republican legislators and betting operators … Read more
Michigan Senate Bill 764, which creates a state tax deduction for sports betting losses, passed the Michigan House of Representatives on Tuesday. The bill would allow taxpayers to deduct any gambling losses reported on their federal tax return – it currently awaits Gov. Whitmer’s signature. … Read more
The Michigan Gaming Control Board will now allow third-party mobile sportsbooks to apply for licenses to offer horse racing betting in the state. Northville Downs Race Track, the one horse racing track in the state is currently shut down until at least May 29 due … Read more
Michigan Governor Gretchen Whitmer now has the third shortest odds (+600) to become the Democratic nominee for vice president. She trails only Kamala Harris (+210) and Amy Klobuchar (+300). Democratic presidential frontrunner Joe Biden confirmed on Thursday that he was considering Whitmer as one of … Read more
The Michigan Gaming Control Board (MGCB) has officially approved the launch of commercial sportsbooks in Detroit 11 weeks after the pastime was legalized by Governor Gretchen Whitmer. Three casinos in the Detroit area will open their sportsbooks to patrons for sports betting beginning Wednesday at … Read more
Michigan made sports betting legal at the end of 2019. NFL fans were hoping to place legal wagers on the Super Bowl in February but the state will not be ready in time for the big game. Retail locations are expected to launch in the … Read more
PointsBet will be the chosen sports betting provider of the Lac Vieux Desert Band of Lake Superior Chippewa Indian owned casinos in Michigan. Licenses to operate have not yet been given out to casinos in the state as they take a minimum of 60-90 days … Read more
Michigan sports betting has been legalized when Governor Whitmer signed MI HB 4916. Governor Gretchen Whitmer wanted to make sure that school funding is secure. Sportsbooks in Michigan will likely launch in 2020 after setting their regulations. LANSING, Mich. – Michigan sports betting has officially … Read more
The internet gambling and sports wagering markets are estimated to bring the state of Michigan millions of dollars annually. Initially, there was hesitation by the state as they thought legalization would hinder the revenue received by the Michigan Lottery that helps in school funding. The … Read more
MI HB 4916 is the bill that lawmakers are considering to legalize sports betting in Michigan. The bill passed through the State Senate Regulatory Reform Committee in a unanimous vote. State lawmakers are hoping to have the bill on the governor’s desk by the end … Read more
