MGCB Approves the Launch of 11th Online Sports Betting Operator in Michigan

Person Browsing a Sports Betting Site on a Tablet
The Michigan Gaming Control Board announced on Monday that it has approved another online gambling operator in the Wolverine state.

Four Winds Casino received the green light to commence online gambling activities through its platform provider Pala Interactive LLC. The new online Michigan sports betting and online gaming operator was permitted to go live as of noon on Monday.

Said MGCB Executive Director Richard Kalm in a statement:

“We welcome the addition of Four Winds Casinos and Pala Interactive to Michigan’s growing online gaming and sports wagering market. Their participation will generate revenue to support education, economic development and the Pokagon Band’s tribal community.”

Four Winds Casino Brand

The Four Winds Casino and Pala Interactive LLC partnership is the 11th online operator to offer Michigan sports betting and online gaming. The Four Winds Casino brand is operated by the Pokagon Band of Potawatomi Indians. It currently has three properties in the western portion of the state near Lake Michigan, namely Dowagiac, Hartford, and New Buffalo.

Although the Four Winds and Pala partnership missed out on the Super Bowl, it will have three weeks to prepare for the next biggest sporting spectacle in the United States in the NCAA Basketball tournament. The University of Michigan Wolverines are one of the top basketball teams in college basketball and their success could spark March Madness bets in the state.

First State to Open Three Verticals Simultaneously

Michigan sports betting was legalized on December 20, 2019 after Bills S4916 and H4311 were passed and signed by Governor Gretchen Whitmer. Physical sportsbooks became operational after the Michigan sports betting bills were signed. However, it was only last January 22, 2021 when online sports betting commenced in the Wolverine state.

The Michigan Gaming Control Board has been tasked to administer and regulate Michigan sports betting and online gaming. So far, it has approved a total of 15 mobile gaming licenses. Online poker and online gaming also launched on January 22nd, marking the first time that a U.S. state chose to open the doors on the three verticals simultaneously.

Michigan to Launch Online Sports Betting on January 22

Odds Board and Money

Bettors in the Wolverine State will finally be able to place legal online sports bets on January 22 after officials revealed the launch on Tuesday.

In a statement, the Michigan Gaming Control Board authorized nine gambling operators to start accepting online sports bets at noon of Friday, January 22nd. Per MGCB executive director Richard S. Kalm:

“The Michigan Gaming Control Board and the state’s commercial and tribal casinos will begin a new era Jan. 22 with the launch of regulated online gaming and sports betting. Michigan residents love sports and, judging by inquiries we’ve received, eagerly anticipate using mobile devices to place bets through the commercial and tribal casinos. Online gaming and sports betting will provide the casinos with new ways to engage with customers while the state and local communities will benefit from taxes and payments on wagering revenue.”

Just in Time For the NFL Conference Championship Games

Michigan legalized sports betting in 2019 but up until 11:59 a.m. of Friday, January 22nd, punters had to place their bets in person at retail venues. However, that will change later this week with the launch of legal Michigan online sports betting which is just in time for Sunday’s NFL Conference championship games.

The nine legal Michigan online sports betting operators that are set to go live on Friday are DraftKings, WilliamHill, FanDuel, Golden Nugget Online Gaming, Rush Street, BetMGM, Wynn, and Barstool Sports. According to the MGCB, more operators are expected to receive authorization in the coming weeks.

A Lucrative Revenue Source

Friday’s launch comes 12 months after Gov. Gretchen Whitmer signed a bill to legalize online gambling in the Wolverine State. The commencement of legal Michigan sports betting should be a lucrative revenue source for the state’s casino industry which struggled in 2020 because of the coronavirus pandemic.

The three casinos in Detroit saw a 56% decrease in combined annual revenue in 2020. The MGCB says that legal Michigan sports betting and online gaming could be a way for casinos to make up for the losses they suffered due to the pandemic. At the same time, it will generate tax revenue for Detroit and the state.

Online Tax Rates

Legal Michigan online sports betting will be taxed at 8.4% which is one of the lowest in the United States. The tax rate and payment rate for internet gaming ranges from 20% to 28%. For Detroit casinos, 30% of all online gambling taxes will be allocated to the city while 65% will be allocated to the state Internet Sports Betting Fund or the state Internet Gaming Fund. The other 5% will go the Michigan Agriculture Equine Industry Development, capped at $3M per year from each tax source.

Meanwhile, 90% of legal Michigan online sports betting tax collections of Tribal casinos will go to the Internet Sports Betting Fund while 10% will go to the Michigan Strategic Fund. As for Tribal online gaming payments, 20 % will go to local jurisdiction governing body for services, 70% to the Internet Gaming Fund, and 10% to the Michigan Strategic Fund.

PointsBet Named as Sports Betting Partner of Detroit Pistons

Sports Betting Graphic and Man Holding Fan of Money
Fast growing sportsbook PointsBet announced on Thursday that is has become a sports betting partner of the NBA’s Detroit Pistons team.

PointBet was one of the 15 gambling operators to receiver a provisional license to launch legal Michigan online sports betting ahead of the state opening its legal internet sports wagering market.

Said PointsBet USA CEO Johnny Aitken:

“PointsBet is thrilled to partner with the Pistons, aligning with a first-class organisation supported by particularly passionate fans. We’re proud to increase our investment in the Detroit and greater Michigan sports community after joining forces with the Detroit Tigers last July. Michigan is a fantastic sports state, and we look forward to the opportunity to soon serve Michigan sports bettors on a personalised platform with unrivalled speed and ease of use, now alongside both the Pistons and brand ambassador Rip Hamilton – a storied champion at both the collegiate and professional levels who’s work ethic and spirited style embodies the PointsBet philosophy.”

Rip Hamilton as Brand Ambassador

Three-time NBA All-Star and member of the Pistons’ 2004 championship team Richard “Rip” Hamilton has been named as PointsBet brand ambassador. Hamilton, who led the Pistons to six straight appearances in the NBA Conference Finals and back to back trips to the NBA Finals, will also be the face of the gambling company’s Michigan-based sports betting products as it prepares for the expected launch of Michigan legal sports betting.

According to PointsBet, they will leverage Hamilton’s knowledge of basketball and his familiarity with the Detroit sports atmosphere and align his insights with the company’s product offerings. His addition to the team will complement PointBet’s aim to provide the highest quality and most comprehensive sports betting experiences to its customers.

PointsBet Branding

With the partnership, PointsBet will have the rights to in-game, broadcast-visible signage opportunities. PointsBet branding will also be displayed at the team’s website Pistons.com as well as in its mobile app, and the team’s social media channels. The deal also gives PointsBet the full usage of Detroit Pistons IP, marks, and logos plus sponsorship opportunities

Michigan legal sports betting is expected to be launched later this month. However, PointsBet is expected to release soon its market-leading sports betting app for sports bettors within Michigan.Those who are interested can participate in the company’s free-to-play challenge, the PointsBet Pick 6, which is a contest-style game that allows sports fans in the country to experience PointBet’s top of the line service and technology while having the opportunity to win $25,000 per week.

Penn National Gaming to Open Three Barstool Sportsbooks This Week

Penn National Gaming
Three Barstool-branded sportsbooks will be opened by the end of the week in three regional casinos owned by Penn National Gaming.

According to the Pennsylvania-based casino operator, Barstool sportsbooks will open on December 23 at the Greektown Casino Hotel in Detroit, Michigan and at the Hollywood Casino Lawrenceburg in Indiana. Meanwhile, another Barstool sportsbook will be launched at the Ameristar East Chicago Casino & Hotel on Christmas Eve.

The Barstool sportsbook at Greektown is located at the second floor adjacent to the table gaming area. Meanwhile, Penn National rebranded the the existing sportsbooks situated in the entrance to the casino floor of Hollywood Lawrenceburg and by the entrance of Ameristar East.

Per Penn National SVP of Regional Operations Rafael Verde:

“The new designs incorporate the spirit of the Barstool Sports brand, resulting in unique sports wagering and dining experiences that we expect our customers will thoroughly enjoy.”

Part of the Rollout

The opening of the three sports betting shops is part of the rollout discussed by Penn National Gaming CEO Jay Snowden during the company’s third-quarter conference call last October. It can be recalled that Penn National Gaming kicked off the launch last month at the Ameristar Black Hawk in Colorado.

All three new locations feature a sports viewing area and dining space. It also has a betting counter with a large odds board, numerous betting kiosks, and ticker writing stations. The wagering area is close to the dining area and has several television sets showing different sports action from across the country.

Increasing its Reach

Penn National Gaming hopes to change and increase the reach of the demographic make-up of its customer base which is currently made up of the 45 and older age group. Last January, Penn National acquired a 36% stake of the sports media platform Barstool for $136M.

With the acquisition, Penn National hopes to take advantage of the estimated 66 million viewers of its website and social media content to improve its market standing. Currently, Penn National operates 41 gaming locations in a total of 19 states. That number will soon increase to 42 and 20, respectively, as it announced last week the purchase of the Hollywood Casino Perryville in Maryland.

Detroit Casinos Are Expected to Reopen This Week!

MGM Grand Detroit

The state of Michigan is home to a huge number of world-class casinos. A few of them are located in Detroit. Back in November, Governor Whitmer ordered all of the casinos throughout Michigan to close down. On December 23rd, Detroit casinos are expected to open their doors again.

Gambling fans in this area are excited. Some health experts, however, fear that reopening the state’s casinos could lead to another increase in Covid-19 cases. Today, we’ll talk about the current plan to get casinos reopened in Michigan.

Let’s get into it!

US Casinos See Major Dips in Revenue Last Month

The entire US casino industry has been surging for the past few years. Major gambling destinations such as Atlantic City and Las Vegas saw their casino revenue increase. Many smaller casino hubs also began seeing a large increase in their gambling earnings.

We also saw states recently expand their casino industries. There are currently several different casino-resorts scheduled to open in Nevada next year. Illinois also approved a capital plan that allows several new casinos to open throughout the state.

As most are aware, the progress being made in this industry came to a complete halt this year. Every state ordered casinos to shut down back in March. It took months for any casinos to allow their commercial casinos to reopen again.

It’s been nine months since the shutdowns took place. Incredibly, this industry is still a long way away from a complete recovery. Several states recently ordered their commercial casinos to close their doors again. It’s proving to be incredibly difficult for the casino companies operating throughout the United States.

Michigan was one of the states that recently ordered commercial casinos to close down once again. This shutdown was never expected to last forever. We’re now beginning to hear about when the casinos here will finally reopen to the public.

It’s been a difficult time for the casino companies in Michigan. Here’s what you need to know about the major casino-resorts in the city of Detroit!

Detroit Casinos Have Permission to Reopen on December 23

There are a huge number of different casinos spread around the state of Michigan. Many of these are Native American-run casinos that aren’t forced to abide by state regulations. The commercial casinos here, however, have been closed down since mid-November.

New reports claim that Detroit casinos have been given permission to open back up on December 23. Over the weekend, Governor Gretchen Whitmer lifted regulations that are keeping casinos closed to the public. These venues can reopen on Wednesday with a total capacity of 100 individuals.

MGM Grand Detroit remains the largest and most profitable gambling property in this city. David Tsai, president of Midwest Group, MGM Resorts International, spoke about the plans to reopen this property to the media this week.

“Our team is prepared to welcome back just as many guests on our casino floor as we had prior to our closing in November, socially distanced across our 150,000+ sq. ft. casino floor,” Tsai said. 

The MGM Grand Detroit is set to reopen at 5 pm on Wednesday. MotorCity Casino Hotel will open its doors again at 1 pm Wednesday. Greektown Casino-Hotel, the final casino in the city of Detroit, will finally open back up at 9 pm on Wednesday. Each of these properties will continue to order mask-wearing and are limiting the number of games available to players.

Casino revenue in Michigan has dropped by 55% throughout 2020. Hope is that the situation here begins to improve as 2021 progresses.

MI’s Online Sports Betting Industry is Set to Launch Early Next Year

Land-based casino revenue has been dropping consistently throughout the year. Sports betting revenue, however, has been increasing throughout the year. Many of the states with legal sports betting options are bringing in much-needed tax money from this industry.

Sports betting has also helped to bring many of the country’s casino companies revenue. Some of the top casino operators in the country have recently begun shifting their focus to sports gambling. Lawmakers in Michigan finally legalized sports betting back in 2019.

In March of this year, the first sportsbooks in this state finally launched. Only land-based sports betting is currently available here. Many have been asking state officials to finally announce when online sportsbooks will launch.

It seems we now have an answer. New reports have recently surfaced that claim the state’s first online sports betting options will become available in early 2021. This move is almost guaranteed to bring a massive increase in revenue here.

Based on the way things are going, Michigan’s gambling industry is set to expand in a big way next year. Detroit casinos will reopen to the public this week. Online sportsbooks are set to go live in early 2021.

Are you excited to see the casinos in Detroit reopen to the public? When do you expect the casino industry to recover here? Let us know in the comments section below!

Casinos in Detroit Will Lose More than $60 Million During Shutdowns

Casino Floor In Michigan

Michigan is home to a large number of commercial and Native American casinos. Several of the commercial gambling venues in the state are based in Detroit. Unfortunately, new reports claim that the casinos in Detroit are likely to lose more than $60 million due to the most recent shutdowns.

It’s tough news for the casino companies based in this state. Several other states have recently implemented casino shutdowns, as well. Today, we’re going to talk about how things are going for the casinos based in the state of Michigan.

Let’s get into it!

More States Begin Considering Additional Casino Regulations

The land-based casino industry in the United States has been working extremely hard to get back on track this year. This past March, all of the casinos around the country were forced to shut down. It took months for most casinos to start operating again.

Nevada’s casino industry has been slow to recover. Monthly earnings are increasing, yet they remain far lower when compared to the same months in 2019. Many of the casinos in Las Vegas have been forced to shift their hours due to a drop in tourism.

Atlantic City has been faring slightly better. The online sports betting and casino gambling options are bringing the state valuable revenue each month. Casinos here have already been seeing small restrictions being set in place. Not long ago, Governor Murphy announced that new, more intense restrictions could be coming soon.

Many states have recently begun ordering their casinos to shut down. That includes Michigan, Colorado, and Illinois. It’s unclear when exactly the casinos in these states will be given permission to reopen again.

It now appears that several other states are interested in shutting down casinos, as well. Many health experts have been warning that these venues pose serious risks to public safety. Casino officials are pushing against this idea and claim this could have permanent effects on the industry moving forward.

We’re now starting to see how much money these shutdowns are costing companies.

Reports Claim the Casinos in Detroit Will Lose More than $60 Million Since Shutting Down

Michigan has been implementing very intense regulations over the past few months. Earlier this week, Governor Whitmer ordered all of the casinos in this state to close their doors. Many complained that this was unfair to the gambling companies operating here.

Lawmakers disagreed and felt there was no other option. Michigan has been seeing a steady increase in Covid-19 cases over the past few months. Closing casinos was seen as a way to cut down on further infection spread.

It’s now becoming clear that this will have a dramatic effect on the state’s casino industry. That’s particularly true with the casinos based in Detroit. According to new reports, the casinos in Detroit will lose more than $60 million due to the recent shutdowns.

That is a staggering figure to hear. Prior to these shutdowns, Detroit casinos were bringing in impressive revenue figures. They are now being ordered to close for three weeks, which analysts predict will cost approximately $67 million.

Sports betting became legal in Michigan this year. Unfortunately, hopes that regulated online sports betting options would become available this year are now dead. Most predict this will happen sometime in 2021.

Regulated online gambling options are helping to bring in a huge amount of revenue for different states. Several states are interested in legalizing this industry now.

The US Online Sports Betting Industry Continues to Grow

It’s only been a few years since the US Supreme Court decided to strike down PASPA. This was one of the biggest moves for the country’s gambling industry in history. Immediately afterward, several states began allowing sports wagering.

This industry has continued to grow every single year. Today, more than half the country has approved sports betting legislation up and running. Most of these states are profiting massively, as a result.

Some states currently only allow sports wagers to be made in-person through a licensed sportsbook. Others have fully-operational online sportsbooks. Online sports betting platforms are proving to be the best option out there.

New Jersey, for example, has been seeing massive revenue earnings from its online sports betting operations lately. The sports betting handles here have been hitting all-time US records. It’s great for the casino companies here, all of whom have seen major drops in their gaming revenue this year.

Hopefully, Michigan’s sports betting industry will begin to expand soon. The casinos in Detroit are in for a tough few weeks. We’ll continue offering updates on this situation!

Do you think it was right for the casinos in Michigan to shut down? Let us know in the comments section below!

Commercial Casinos in Michigan Are Shutting Down Once Again This Week

Gretchen Whitmer

States around the country are once again implementing new regulations towards their land-based casinos. It now appears that Michigan is taking some drastic measures. New reports claim all of the commercial casinos in Michigan will be shutting down for three weeks beginning on Wednesday.

It’s tough news for the casinos in this state. Lawmakers in the state clearly feel these regulations are necessary right now. Today, we’re going to talk about which companies are being affected by this new rule.

Let’s get into it!

MGM Resorts Lost $495 Million in 2020’s Quarter Three

Casino companies around the world have been taking massive financial hits throughout 2020. Interestingly, the casino industry in the US has been performing significantly better than in many other countries. Macau, for example, has been seeing more than 90% losses in monthly revenue this year.

Each state has seen its casino revenue earnings fluctuate. Many casino destinations such as Las Vegas are improving. Gaming revenue here is still significantly lower this year than it was in 2019, though.

Casino companies are taking different approaches to boost revenue figures. MGM Resorts has opened nearly all of its properties around the country. That includes Park MGM in Las Vegas, one of the last properties on the Las Vegas Strip to open its doors.

Unfortunately, MGM Resorts is still experiencing major drops in gaming revenue. A couple of weeks ago, reports surfaced that the company saw $495 million in operating costs during 2020’s third quarter. Despite the large drop, CEO Bill Hornbuckle gave an optimistic outlook for the future of the company.

No one really knows how things will look in 2021. Tourism rates in major casino destinations are falling as cases of Covid-19 increase. Some states are even forcing their casinos to close to the public once again.

That includes Michigan. Here’s what we know about the casino shutdowns here.

Gov. Whitmer Announces Casinos in Michigan Are Shutting Down

Michigan has been seeing a steady increase in Covid-19 cases over the past few weeks. Health experts have been warning that this trend will continue unless major restrictions are implemented. State leaders are listening to that advice and have begun taking new steps to cut down on infection rates.

Over the weekend, Governor Gretchen Whitmer announced that all of the commercial casinos in Michigan will close to the public for three weeks beginning on Wednesday. The state has ordered most indoor retail spaces to close. Restaurants can continue offering outdoor dining for now.

“If we don’t act now, thousands more will die, and our hospitals will continue to be overwhelmed,” Whitmer said. “We can get through this together by listening to health experts once again and taking action right now to slow the spread of this deadly virus.”

This will certainly affect MGM Resorts, which operates a popular casino in Detroit. Company officials have not yet commented on this new rule. Some analysts believe other states will soon order the same regulations.

Only commercial casinos are part of this new state order. The 24 tribal casinos operating in Michigan are able to operate under their own rules and regulations. As of now, it’s unclear whether or not the casinos will decide to shut down, as well.

Things aren’t getting any easier for casinos. Some are now questioning whether or not the casino industry in Las Vegas will be forced to close their doors again.

Will the Casinos in Las Vegas Shut Down?

No city in the US has been as affected economically as Las Vegas. This is a city that relies heavily on its tourism industry. With tourism rates low, many of the businesses here continue to see large drops in revenue.

Things have been steadily improving here since the casinos were allowed to reopen in June. Unfortunately, some now fear another major shutdown could be on the horizon. Several major casino companies are working with state leaders to avoid this situation.

We’re already seeing some limited shutdowns in the city. Some of the biggest casino-resorts here have recently been forced to close their doors during the week. With the drop in visitors, it’s not economical for these properties to remain open on weekdays.

Another major shutdown like the one implemented in March has not been announced. As many analysts point out, this would be devastating for the many businesses relying on tourism and gamblers. Instead, we’re more likely to see increased safety measures and shifted hours at the major casino-resorts.

There are reasons to be optimistic, though. With an effective vaccine, things may begin slowly returning to normal next year. We’ll continue offering updates on different state casino regulations over the next couple of months.

Are you surprised to see the commercial casinos in Michigan shut down? Do you think other states will order this, as well? Let us know in the comments section below!

Michigan Eyeing To Fast-Track Online Gambling

Michigan State Flag
When Governor Gretchen Whitmer’s House Bill 4311 turned into the Lawful Internet Gaming Act, the original plan was for mobile gaming in Michigan to go live in early 2021. However, it looks like the launch will come sooner, even perhaps in late November.

Michigan online gambling looked like a longshot for 2020. There was no rush at all because sports betting was already allowed in retail shops starting last March. But when the COVID-19 pandemic struck, it forced the casinos to close. With establishments and the state losing millions in revenues, authorities found the need to fast track online gaming.

Fast-Tracked

The Michigan Gaming Control Board discussed the proposed mobile gaming laws in a public hearing last week. According to executive director Richard S. Kalm, they expect to submit the final proposal to the Michigan Office of Administrative Hearings and Rules within the next few days. Once approved or after they are amended, they will go to the state legislature’s Joint Committee on Administrative Rules in October.

Once the proposal reaches the legislature, they will do one of two things: pass them or go through the process of passing a law that would reject the rules. Per State Senator Curtis Hertel, it’s more likely to approve the rules as they are and once that is done internet gambling will go live. For the state, the sooner it is rolled out, the better as Michigan online gambling is expected to generate millions of dollars in revenue for the state.

Ready For Online Gaming

The biggest names in the industry are ready for Michigan online gambling. Gaming companies like BetMGM, DraftKings, and FanDuel are already operating in Michigan. Barstool Sportsbook is planning to launch with Greektown Casino in 2021. More are expected to follow.

Once Michigan legalizes online betting, the state is expected to see exponential growth in that industry, just like what happened to Illinois. Online wagering is going to be a game changer in the gaming business in the state. The pandemic has made it difficult for punters to place bets at retail shops. Having the ability to do so online will change that.

PointsBet Picks Evolution to Provide Table Games

Evolution Gaming
Online bookmaker PointsBet has appointed Evolution Gaming as its partner for live casino games in its U.S. gambling market. Under the partnership, the two will work together to roll out live casino offerings to PointsBet’s online programs moving forward.

Said PointsBet in a statement:

“We are thrilled to partner with Evolution Gaming to launch Live Casino technology in US jurisdictions, where we plan to offer our proprietary online casino platform. The addition of Evolution Live Casino extends the appeal of PointsBet’s premium product in the rapidly growing US market.”

U.S Expansion

It can be recalled that PointsBet is aiming to rollout its online casino in Michigan late this year while also targeting a mid-2021 launch of online casino games in New Jersey. Evolution Gaming chief commercial officer Sebastian Johannisson said in a statement that the company will offer PointsBet a mix of its classic games, poker, and “game show” games. Per Johannnison:

“Evolution’s Live Casino portfolio offers PointsBet a rich mix of world-leading online Live Casino games including classic table games, online Poker variants that are big favourites with US players, and our new generation of award-winning, record-breaking game show games. In addition, PointsBet will have the option of exclusively branded dedicated tables and environments, should they require these.”

PointsBet has been in the U.S. market since last year as a mobile sports betting provider in the states of Indiana, Iowa, and New Jersey. Recently, it revealed plans for a massive expansion as it has deals to roll out in Michigan, Colorado, and Illinois.

Like PointsBet, Evolution Gaming has been expanding in the United States since entering the market two years ago in New Jersey. Evolution is scheduled to launch a gaming studio in Pennsylvania later this year and also has plans to launch one more in Michigan.

About PointsBet

PointsBet is one of the fastest growing sportsbooks in the United States. Originally from Australia, PointsBet launched in the U.S. in 2019. It prides itself in having one of the quickest and most user-friendly apps in the market while also providing the best experience for its users.

It is the only sportsbook in the United States to offer “PointsBetting”- a new and innovative way in making bets. PointsBet also offers the most markets on all four major North American sports leagues. It is an official gaming partner of several professional sports teams like the Denver Nuggets, Colorado Avalanche, Colorado Rapids, and Detroit Tigers.

Last week, PointsBet also added the NBA’s Indiana Pacers to its list of partner teams. One day after the Pacers deal, PointsBet also entered into an agreement with Twin River Management to provide online casino games in New Jersey.

Motor City Casino Officially Reopens on Wednesday!

Michigan is currently home to 27 tribal and commercial casinos. The state’s gambling venues help to bring in a huge amount of valuable revenue. New reports indicate the popular Motor City Casino will officially open to the public on Wednesday.Motor City Casino

This is one of the top casinos in the Detroit area. Analysts remain torn on whether or not this venue can bring in a large number of players right now, though. Today, we’re going to talk about how the state’s casino industry will fare over the next few months.

Let’s get into it!

Report Indicates Casinos Bring in $6.3 Billion to Michigan Annually

Over the past couple of decades, Michigan has developed a large and successful casino industry. Both tribal and commercial casinos are able to legally operate here. Most of Michigan’s casinos have been very successful over the years.

Back in March, all of the state’s casinos were forced to shut down. It was a tough blow for many local communities in this state. Casinos help to employ thousands of individuals and boost tourism. Revenue from this industry is already down considerably this year.

New reports are starting to show exactly how much money the state’s casinos bring in. New reports from the American Gaming Association have just surfaced that show casinos in Michigan bring in $6.3 every single year. It’s an incredible statistic that shows how important this industry really is for the state.

Casinos generate an estimated $1.3 billion in taxes for the state every year. Casinos here also pay out nearly $2.1 billion in wages to employees here. Lawmakers realized these gambling venues couldn’t stay closed forever and finally agreed to allow some of them to reopen this week.

On Wednesday, many of the state’s commercial casinos will finally begin accepting guests again. Much of the focus is on the casinos in and around Detroit. Analysts question how many people will be willing to visit these venues right now.

Motor City Casino is Set to Open Back Up Tomorrow

Michigan has taken its time opening back up. Unlike some states around the country, it’s been slowly phasing into new reopening plans and for the most part, rates of Covid-19 have been relatively low here. As time went on, however, more residents here began demanding that casinos be allowed to reopen.

As we just mentioned, these gambling venues employ a huge number of people throughout the state. Lawmakers finally agreed to safety measures introduced by casino companies and have given the green light for many to reopen tomorrow, August 5th. That includes the highly-popular Motor City Casino.

This property first opened in 1999 and has grown to become one of the most popular casinos in the state. When it finally reopens, things will look considerably different than they did at the start of 2020. Officials within the casino are offering a quick look at what guests here can expect.

For the foreseeable future, dealers will all be required to wear shields over their faces. Everyone in the casino will be required to wear masks. Plexiglass barriers have also been installed on table games to separate and protect players. Slots have been separated to promote social distancing, as well.

In total, this popular Detroit casino will only be allowed to take in 15% of its total capacity. That comes out to just 1,600 people.

Bruce Dall, President of the Motor City Casino, also cast aside any hopes of eating inside the casino.

“There won’t be any eating inside the casino because you have to lower your mask,” Dall said. “You have the opportunity, quite frankly, to order drinks though the slot machine. A cocktail server will bring it to you in a disposable glass, and when you’re seated at a machine, you can drink it — pull your mask down, take a sip, pull your mask back up.”

Casino gambling is a different experience right now. Perhaps things will remain like this for years to come. We’ll need to wait and see how much revenue this popular gaming venue manages to bring in over the next few months.

Can Sports Betting Help to Make Up for Lost Casino Revenue?

Even after the casinos in Michigan reopen, revenue here will likely be significantly lower than it was last year. We’re seeing significant losses in cities like Las Vegas, which allowed their casinos to open back up in early June. Some are now pointing towards Michigan’s new sports betting industry as a way to generate some much-needed gambling revenue.

Lawmakers in the state began presenting bills to legalize sports betting in 2018. By late 2019, many felt they’d finally come up with a safe plan to regulate this industry. Governor Gretchen Whitmer formally approved the “Lawful Sports Betting Act” in January and sports betting is now legal throughout the state.

Under the approved bill, both land-based and online sports betting is set to become available here. Several casinos have already opened their sportsbooks. Online sports betting platforms have not yet launched here.

Initially, the state’s regulated internet sportsbooks were expected to launch in 2021. Some now feel this process will be fast-tracked. Many experts feel it will help to bring the state more revenue at a time when it’s desperately needed.

In time, the Motor City Casino is likely to loosen its restrictions. The unfortunate truth is that no one knows how things will look six months from now. Make sure to stay tuned for updates!

Do you plan on visiting any casinos in Michigan? Which ones? Let us know in the comments section below!