Michigan edges closer to legal sports betting and igaming
Michigan’s Senate is expected to pass bills to legalise sports wagering and online gaming later today (11 December), after the Regulatory Reform Committee gave its approval to a number of amendments to each piece of legislation.
As changes have been made to the bills, following expected Senate approval, they will both be sent to the House for concurrence. If the House agrees to the amendments, the bills will then progress forward to Governor Gretchen Whitmer for signature.
House Bill 4916, also known as the Lawful Sports Betting Act, has been amended so operators that secure a licence in the state would be subject to lower tax rates than initially proposed.
The amended sports wagering bill states that Michigan would place an 8.4% tax on gross revenue from sports bets, down from the 8.75% previously stated.
Read the full story on iGB North America.