U.S.: Michigan has officially legalized iGaming and sports betting

Gretchen Whitmer, Governor of Michigan, U.S., signed several bills to authorize sports betting and online gaming in the state.

Governor Gretchen Whitmer has ratified bills to approve sports betting and online gaming in the state, paving the way for a 2020 roll-out. Whitmer signed House Bill 4311, which creates the Lawful Internet Gaming Act, allowing the Michigan Gaming Control Board (MGCB) to issue licenses for online and mobile casino games. The minimum tax rate will be 20 percent of gross gaming revenue of US$4 million or less, and 28 percent for venues generating annual revenue of US$12 million or above.

HB916, creating the Lawful Sports Betting Act, was also signed by the Governor. This allows tribal and commercial casinos to offer over-the-counter and online sports betting, taxed at 8.4 percent of gross revenue. Also signed into law was HB4308, the Fantasy Sports Consumer Protection Act, to create a legal framework for fantasy sports contests in Michigan.

The state Department of Treasury has projected a US$19 million injection of new revenue from the legalization of online betting and gaming, including a US$4.8 million contribution to the School Aid Fund and US$4 million to the First Responder Presumed Coverage Fund (FRPCF).

The legislation will allow tribal and commercial operators to participate on an equal footing, ensuring a flow of revenue to support Native American community activities. The passage of the legislation was hailed by the American Gaming Association (AGA), which noted that 20 states plus Washington DC had now legalized sports betting in the United States.