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Last updated on September 24th, 2021 at 12:55 pm
The Michigan Gaming Control Board has authorized nine operators to open their online sports betting and casino sites in the state. The launch of regulated sports betting and online gaming will happen this Friday.
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.
Richard Kalm, MGCB executive director
In the beginning, the green light received 9 operators. Furthermore, the state regulator MGCB will review more applications and may authorize more brands. There are high hopes about the potential impact online betting will have on local communities, bringing fresh tax dollars.
Michigan will charge 8.4% on all sports betting. As for the casino, the tax and payment rates go between 20% and 28%. In Detroit, 30% of all tax proceeds will go to the city. Another 65% will go to state funds, with an additional 5% going to the Michigan Agriculture Equine Industry Development Fund. The city is given the legal right to collect at least $183 million a year. Meanwhile, tribal casinos will see 90% of all online sports wagering tax go to the state fund.
The minimum age for casino and sports betting is 21. The players don’t have to be Michigan residents, but should be situated in the state when placing online bets.
The nine platforms and their associated operators are:
- FanDuel, for MotorCity Casino
- BetMGM/Roar Digital, for MGM Grand Detroit
- Penn Sports Interactive/ Barstool Sportsbook, for Greektown Casino
- DraftKings, for the Bay Mills Indian Community
- William Hill, for the Grand Traverse Band of Ottawa and Chippewa Indians
- TwinSpires, for the Hannahville Indian Community
- Golden Nugget Online Gaming, for the Keweenaw Bay Indian Community
- Rush Street, for the Little River Band of Ottawa Indians
- Wynn, for the Sault Ste. Marie Tribe of Chippewa Indians
