The Michigan Gaming Control Board has authorized nine operators to offer online sports betting and/or online casino gaming beginning at noon on Friday, January 22. The news broke in a press release sent ot the media.
“The Michigan Gaming Control Board and the state’s commercial and tribal casinos will begin a new era Jan. 22 with the launch of regulated online gaming and sports betting,” said Richard S. Kalm, MGCB executive director. “Michigan residents love sports and, judging by inquiries we’ve received, eagerly anticipate using mobile devices to place bets through the commercial and tribal casinos. Online gaming and sports betting will provide the casinos with new ways to engage with customers while the state and local communities will benefit from taxes and payments on wagering revenue.”
Who Is Authorized To Launch In Michigan?
Here’s a rundown of the Michigan casinos that will launch either online sports betting, online casino gaming, or both.
|Tribe/Casino||Platform Provider||Online Sports Betting, Online Casino, or Both?|
|Bay Mills Indian Community||DraftKings||Both|
|Grand Traverse Band of Ottawa and Chippewa Indians||William Hill||Both|
|Greektown Casino||Penn Sports Interactive/ Barstool Sportsbook||Online Sports Betting|
|Hannahville Indian Community||TwinSpires||Both|
|Keweenaw Bay Indian Community||Golden Nugget Online Gaming||Both|
|Little River Band of Ottawa Indians||Rush Street Interactive (BetRivers)||Both|
|MGM Grand Detroit||BetMGM/Roar Digital||Both|
|Sault Ste. Marie Tribe of Chippewa Indians||Wynn||Both|
More On The Way
This impressive stable of operators is just the beginning. According to the announcement, the MCGB “expects to authorize additional operators and platform providers in the coming days and weeks.”
“We want the public to have confidence when they place wagers, and our agency has required the providers to prove they meet Michigan’s standards, which are designed to protect the participants,” Kalm said.
What Should Bettors Expect?
Bettors are in the best position to capitalize on this launch. Michigan operators have been chomping at the bit to launch in the market, which is expected to pull in significant revenue.
If you’re a sports bettor or online casino enthusiast, keep your eyes peeled for lucrative welcome bonuses and special promos. Sportsbooks and online casinos want your business, and they’ll pull out all the stops to get it. Of course, use the resources we have here at MichiganSharp to track these offers.
Tax Rates And Allocations
For online sports betting, the tax and payment rate is set at 8.4 percent. For online casinos, this ranges from 20 to 28 percent.
For Detroit’s three casinos–Greektown, MotorCity, and MGM Grand–online sportsbook and internet gaming taxes will be allocated as follows:
- 30 percent to the city of Detroit
- 5 percent to the Michigan Agriculture Equine Industry Development Fund
- 65 percent to the state Internet Sports Betting Fund or the state Internet Gaming Fund.
The tribal casinos will have a different structure:
- Online Sports Betting: Payments by tribes are allocated to the Internet Sports Betting Fund (90 percent) and the Michigan Strategic Fund (10 percent)
- Internet Gaming: Payments by tribes are allocated 20 percent to local jurisdiction governing body for services, 70 percent to the state Internet Gaming Fund and 10 percent to the Michigan Strategic Fund.