Online Gambling Start in Michigan
When does online gambling start in Michigan? That’s the question on everyone’s lips. After all, Michigan’s casinos shut down in the wake of the COVID-19 pandemic last March. But the state isn’t averse to gambling. The state recently approved the launch of online casinos, and it looks like the next step for the state’s casinos is legalized online gambling. If the state passes the regulations, it will be possible for the gaming industry to move forward quickly.
While New York may be a long way from being on par with its neighboring states, it is sure to be a big winner in the online sports betting race. The state already boasts the highest sports betting revenues in the country, surpassing Nevada and Iowa. New York is also expected to adopt a similar model, allowing nine different sportsbooks to operate through four commercial casinos. The sportsbooks will offer desktop and mobile sports betting to New York citizens. However, there is no realistic expectation that poker sites will open in the state.
If you’re wondering when does online gambling start in Michigan, here are some details. The state first legalized horse racing in 1933, and since then it’s expanded to slots, casinos, and 2020 sports. The Michigan Gaming Control Board oversees all gambling in the state, so online casinos will soon be legal in Michigan. But they must first get approval from the state’s gaming regulators. The gaming industry has a long way to go before it’s fully embraced.
When Does Online Gambling Start in Michigan?
After the legalization, the Michigan Gaming Control Board approved nine operators to offer online sports betting. Before, players in Michigan had to visit the casinos in person to make their wagers. In addition, the tax and payment rates on online sports betting and other internet gambling sites range from eight to twenty-eight percent. Moreover, the state may require casinos to pay a development agreement payment to the city of Detroit. These fees can be high, but the benefits are well worth it.
In addition to sports betting, online sportsbooks are now legal in Michigan. Michigan’s governor signed the bill to legalize gambling in December, and legal sportsbooks will open their doors in January 2021. Some of the sports betting websites operating in Michigan include DraftKings, FanDuel, and Caesars. Michigan also offers in-state college sports betting, so if you’re an avid fan, you can try your hand at the games offered by smaller schools.