For years, officials in Michigan have been working to expand the state’s gambling laws. This week, their efforts have finally paid off. Online gambling in Michigan is now officially legal. It’s extremely exciting for gaming fans here.
That’s not all! Sports gambling has also been made legal in this state. Today, we’re going to look at the road to make this happen. We’ll also talk about exactly what forms of gambling are now legal in this state.
Let’s get into it!
Michigan’s Long Road to Sports Betting, Online Gambling Legalization
Since PASPA was struck down in May of 2018, several politicians in Michigan have stated their desire to see sports betting legalized in the state. It’s a highly profitable industry, helping to earn many states millions of dollars every month. Unfortunately, some of the most powerful politicians in Michigan have been hesitant to embrace any new gambling expansion plans.
Michigan has been close to sports betting legalization several times. In 2018, it was approved by both the House and the Senate, yet Governor Gretchen Whitmer vetoed the bill at the last minute. It was extremely disappointing news, particularly for sports fans here.
As soon as 2019 kicked off, lawmakers once again began working to legalize new forms of gambling in the state. House Bill 4916 was introduced and eventually made its way through the state’s legislative bodies. In September, the bill was officially approved by Michigan’s House Committee.
Some had concerns that Governor Whitmer would once again shut down this bill at the last minute. She had voiced her concerns over the bill, particularly with its tax structure.
Fortunately, the Governor decided that it was time for Michigan to embrace some new forms of gambling.
Sports Betting and Online Gambling in Michigan Are Now Legal
House Bill 4916 slowly made its way through Michigan’s legislative bodies. This week, the bill had its final test with Governor Whitmer. She decided to approve the bill, meaning both sports betting and online gambling in Michigan are now legal.
Many supporters of this bill believe that the newly-expanded gambling laws will help bring millions of dollars to the state. The majority of the money will go towards the School Aid Fund. Some will be used to help pay for firefighters’ medical costs, as well.
Gretchen Whitmer commented on the approval of the bill to the media this week.
“My top priority in signing this legislation was protecting and investing in the School Aid Fund, because our students deserve leaders who put their education first,” she said. “Thanks in part to the hard work and leadership of Senator Hertel and Representative Warren, these bills will put more dollars in Michigan classrooms and increase funding for firefighters battling cancer.”
An 8.4% tax rate will be applied to sports betting operators in the state. Taxes for online gambling range from 20% to 28%.
Many are now wondering when exactly the new gambling options will become available here.
When Will Sports Betting and Online Gambling Be Available in Michigan?
This is the million-dollar question. Several states legalized sports gambling, yet took months to actually get their sports betting operations up and running. Hopefully, this is not what happens here in Michigan.
Ultimately, it will come down to how long it takes the Michigan Gaming Control Board to set specific regulations on the industry. Of course, there will be different rules for sports betting and online gambling in Michigan.
Once a set of gambling laws are established, lawmakers will need to choose which sports betting companies can operate in the state. Several of the biggest sports betting companies in the UK are now actively working to break into the US market.
Several lawmakers are pushing to have this industry available to the public before March Madness. If it does, the state will likely earn millions of dollars via revenue from the bets placed on the popular NCAA tournament.
Online gambling in Michigan is finally here. If you’re a gambling fan in the state, things just became a lot easier.
Stay tuned for more US online gambling news over the next few months!