Last week a group of senators in the state of Michigan introduced a bill that would legalize and regulate online gambling within the state's borders.
The bill is known as Senate Bill 889 and would legalize and regulate online gaming within the state of Michigan. The bill is being called the "lawful Internet gaming act", and would allow people aged 21 or older to play poker and "games of chance" via desktop and mobile devices. The bill would also tax the activity, with 10% of Gross Gaming Revenues, which would go to the state's coffers.
A gaming license in Michigan would run operators $5 million, which would be good for five years, with an application fee of $100,000 or less.
The bill has been forwarded to the Committee on Regulatory Reform and will face hearings and debate before it is voted on. If the bill passes through the Senate, it will move on to the House for debate and voting before heading to Governor Rick Snyder's desk to be signed into law. SB. 889 has been introduced by Senate Majority Leader Mike Kowall, a Republican, so the odds of passage may be better than at a time with no majorities.
Casino Listings will update this story as more developments arise.
As a resident of Michigan I can tell you that this would be huge. We have a population about the size of New Jersey, and the 10% tax on GGR would generate a lot of income.
Yeah it sounds great for the Michigan residents that gambling will be legalized and regulated now, I'm sure there will be a lot of punters quite happy from that. Useful change for the players and the State probably.