New bills are popping up one state after another. As the likelihood of New Jersey winning the sports betting case increases, isn’t it imminent that another type of gambling is becoming legal in all of the USA? What the new online gambling bill in Michigan does is preparing the state for that outcome, for the legalization to happen!
In mid-September 2017, State Representative Brandt Iden introduced House Bill 4926 or the new online gambling bill in Michigan. It is also known as the Lawful Internet Gaming Act. Since then, the new bill was met with approval in the second hearing by the Committee on Regulatory Reform. That happened recently on the 13th of December. According to US online gambling news, this precise bill will continue to be processed in 2018 at the House and then the Senate level.
What’s in the New Online Gambling Bill in Michigan?
In short, the new online gambling bill in Michigan revolves around the legalization of online gambling. It will make online casinos, online poker sites and online sportsbook sites legal. Generally speaking, any type of online gambling will be allowed.
Rules and definitions for the gaming industry are also clearly outlined here. This includes a 10% tax on revenue gained from the online gambling businesses. The Division of Internet Gambling will be the governing body to regulate online gambling in Michigan.
To Not Be Left Out
It’s a smart move by Michigan in order to be included in the evolution. Thanks to New Jersey, the prospects of legal sports betting in the US are very high. That’s why Michigan has to adapt to make the most out of the changing tide. Michigan could benefit from economic boosts that the online gambling industry can offer.
The new online gambling bill in Michigan states that “The division may permit an internet gaming licensee to conduct internet wagering under this act on any amateur or professional sporting event or contest, if that internet wagering is not prohibited by federal law.” In other words, the enforceability of the bill still depends on the federal law.