Michigan Passes Bill to Legalize Online Casinos

The Michigan House of Representatives voted Tuesday in favor of a bill that would allow for the legalization of online gambling services, including on-line casino and poker games, and would pave the way for the legalization of sports betting.

H 4926 was introduced in the state Legislature final September but failed to acquire sufficient traction. The piece was reintroduced early this year, but did not make it a lot far until yesterday. Tuesday was actually the final day the bill could have seen any movement forward as state legislators adjourned for their ten-week summer break.

The legislative piece now needs to become reviewed and authorized by the Senate floor but which will not occur prior to September. Rep. Brandt Iden, one of the bill’s main sponsors, told media that when the Legislature reconvenes, his piece will probably be on top from the agenda and that Michigan should no longer stall it.

The state’s online gambling legalization push dates back to several years ago when it reflected a growing buzz over the authorization of Web gaming services across numerous states. To date, Nevada, New Jersey, and Delaware are the only three states that conduct solutions of this type, with Pennsylvania expected to join the mix quickly and following Gov. Tom Wolf signed the essential legislation final fall.

When the bill passes the Senate and gets signed by Michigan Governor Rick Snyder, it would create a framework for the regulated provision of on-line gaming services and possibly of sports betting. Under the piece of legislation, the state’s three commercial and 23 tribal casinos could be in a position to offer on-line casino games and poker.

The bill thus demands on-line gambling equipment to become situated at the state’s gaming facilities. Additionally, it allows for potential agreements in between numerous states for sharing their player pools. Only people aged 21 or over will probably be in a position to gamble online below H 4926. Rep. Iden explained yesterday that players will probably be able to play online all casino games currently featured in the state’s physical casinos, with a few of these being popular table games such as blackjack, craps, and roulette also as slots.

The bill also contains taxation provisions. Under those, online gaming operators would be obligated to pay an 8% tax on their income. Detroit casinos will be contributed 55% of the tax revenue, while 35% will visit a specially produced state Internet Gaming Fund. The remaining 10% will be split between the Michigan school help fund and the transportation fund.

As for sports betting, H 4926 aims to lay the foundation for the potential legalization of that type of gambling activity. Rep. Iden told media that they’re yet to determine the tax rate on sports betting as well as other important regulation matters.

Michigan has joined the mix of states seeking to capitalize on the current annulment from the long-standing federal ban on sports betting. Delaware has already launched full-scale betting solutions, following the US Supreme Court’s mid-May choice to rule the 1992 PASPA legislation unconstitutional. New Jersey, the state that pushed the sports betting case to the nation’s leading court, will accept its initial legal sports bet this Thursday at the Meadowlands Racetrack.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top