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Michigan Gambling Tax Deduction Awaiting Whitmer’s Signature

Michigan Gambling Tax Deduction Awaiting Whitmer’s Signature

by Jerad Paparella | Dec 16, 2021 12:33 pm | Legal

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...
Michigan Allows Online And Mobile Betting On Horse Racing

Michigan Allows Online And Mobile Betting On Horse Racing

by Christina Monroe | May 7, 2020 12:22 pm | Regulatory

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 to...
Michigan Governor’s Odds At Vice President Nomination Surge

Michigan Governor’s Odds At Vice President Nomination Surge

by Carter Floyd | Apr 3, 2020 10:28 am | Political Betting

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...
MGCB Officially Approves Michigan Sports Betting At Detroit Casinos

MGCB Officially Approves Michigan Sports Betting At Detroit Casinos

by Christina Monroe | Mar 10, 2020 1:50 pm | Sports Betting

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...
Michigan Won’t See Newly Legal Sports Betting In Time For SB54

Michigan Won’t See Newly Legal Sports Betting In Time For SB54

by Christina Monroe | Jan 23, 2020 12:02 pm | Regulatory

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 Spring of 2020 while online and...
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