Michigan Update: Online Gambling Looking Likely Now for January
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The Michigan Gaming Control Board had hoped to launch online gambling before the end of 2020. Now it will take about six weeks. The Joint Committee on Administrative Rules, a bipartisan group of lawmakers from both the Michigan Senate and House of Representatives, approved final online gaming rules last Tuesday.
The Joint Committee on Administrative Rules (JCAR) waived the 15-day review requirement for online gaming and sports betting rules submitted by the Michigan Gaming Control Board. The rules can go into effect without a 15 days waiting period. Online gambling in Michigan can be possible a year after it was legalized. All operators and platform providers, including DraftKings Sportsbook and FanDuel, still must earn final licensing approval.
Online gambling is likely to be legal in Michigan for January. It will depend on the paperwork they submit. They will be given provisional licenses as soon as they get all the necessary paperwork.
The JCAR is going to push the license deadline back by 6 weeks. The J CAR sent an inquiry to platform providers to check if they are ready to go.
Detroit casinos will share the same 8.4% tax rate on their online sportsbook win with the state as they do with land-based wagering. For online gaming from Detroit casinos, the tax revenue will be split between the city and the government. Online gaming conducted in partnership with one of Michigan’s federally recognized tribes will go to the governor. The state will pay a higher rate of up to 28%. Online gambling will help Detroit's casinos to repair the damage done to them during the shutdowns due to COVID-19.
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