The Single Line In Last-Minute Gaming Bill That Could Make Michigan Sports Betting A Reality – Legal Sports Report – bet娱乐_bet356体育投注在线_365bet体育在线网址

TheSingleLineInLast-MinuteGamingBillThatCouldMakeMichiganSportsBettingARealityLegalSportsReportByadmininwww。

48365365。

com2019年4月11日

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Home/Regulation/TheSingleLineInLast-MinuteGamingBillThatCouldMakeMichiganSportsBettingARealityTheSingleLineInLast-MinuteGamingBillThatCouldMakeMichiganSportsBettingAReality

AdamCandeeonDec21,201801:28PDT@adamcandee

NearlyallofthegamblingbillpassedinthefinalhoursoftheMichiganlame-ducklegislativesessiondealswithcasinosandinternetgaming。

AsinglelinetuckedintotheinternetgamingsectionofHouseBill4926,though,isofparticularinteresttosportsbettors。

CouldthisbethesentencethatlegalizesMichigansportsbetting?

Thedivisionmaypermitinternetgamingoperatorslicensedbythedivisiontoacceptinternetwagersunderthisactonanyamateurorprofessionalsportingeventorcontest。

Thedivisionreferencedwouldbeanewlycreatedstateentityoverseeingallinternetgaming,undertheoversightoftheMichiganGamingControlBoard。

Thiswouldbewhoissueslicensesformobileoronlineplatforms,whichappeartoaccountforallMichigansportsbetting。

Tobeclear,thebillgivesregulatorsthepowertocreateasportsbettinglicensingstructure,buttheyarenotrequiredtodoso。

TheMGCBstillcouldwaitforlegislatorstopassmorecomprehensivesportsbettinglegislationin2019。

StillonelasthurdletoclearFirstintroducedbyRep。

BrandtIdeninSeptember2017andfirstpassedbytheHousethissummer,theMichigansportsbettingbillonlypickedupsignificantmomentumonthelame-ducksessionsfinalday。

AnamendedversionofH4926sailedthroughtheSenateona33-5votebeforekickingbackovertotheHouse。

Atnearly3:30a。

m。

localtime,theHousepassedthesameversionofthebillbya71-35margin。

ThebillstillmustreceivethesignatureofoutgoingGov。

RickSnyder。

IndicationspointtoSnyderapprovingthebill,butthatisnotacertaintyatthispoint。

NottheonlybilldealingwithMichigansportsbettingAcompanionbillfromIden,HouseBill5881,alsoaddressesanumberofgaming-relatedmatters。

Thisbill,whichpassedtheHouseintheweehoursbya90-17vote,establishesacoupleofprovisionsrelatedtosportsbetting:ExceptasotherwiseprovidedinSubsection(15),andinlieuofthetaxesandfeesotherwiseimposedinthisact,awageringtaxof8%isimposedontheadjustedgrossreceiptsreceivedbyacasinolicenseefromsportsbettingorinternetgamingandnoothertaxorfeemaybeimposedbyagreementorotherwiseonacasinolicenseebythisstateorapoliticalsubdivisionofthisstateforsportsbettingorinternetgaming。

TaxrateforMichigansportsbetting,iGamingAspassed,thebillssetupataxstructurefavorabletocommercialcasinosforinternetgaming。

Theywouldpayatotalof9。

25percenttaxongrossgamingrevenueabaseof?

8percentandadditional?

1。

25percent?

fromDetroitcasinostothestate。

Withnearly10millionresidents,Michiganisoneofthe10mostpopulousstatesinthecountry。

Withthattaxsetup,itcouldbecomequicklyamajormarketforlegalsportsbetting。

Triballicenseeswouldbeexemptfromtheextra1。

25percent。

Tribeswouldbeallowedtoapplyforsportsbettingundercommerciallicensingrules。

Theyalsowouldbeexemptfromtheextrapayment。

MoredetailsabouttheoverallbillTounderstandmoreabouthowtribeswillbeallowedtotakepartinMichigansportsbettingandinternetgaming,checkoutthiscomprehensivestoryatoursistersite,OnlinePokerReport。

There,youcanlearnmoreaboutthelicensingstructureaswell。

Heresjustasnippet:Regulatorswouldbeauthorizedtoissueinternetgaminglicensestoanycommercialortribalcasinointhestate,withapplicationscosting?

$100,000?

apiece。

Ifapproved,licensesrun?

$200,000?

forthefirstyearand?

$100,000?

annuallythereafter。

Thebillalsodelayslaunchfor15monthsfrompassage,pushinglegalsportsbettinginMichiganinto2020。

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AdamCandee-

AdamCandeeisthemanagingeditorofLegalSportsReport。

HecoverssportsbusinessandnewsfromLasVegas。

AdamisaformereditorandreporterattheLasVegasSun,ArizonaDailySunandKLAS-TV。

Hecanbereachedat[emailprotected]

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