March Madness In Michigan As Sports Betting Revenues Reach Record Highs Best Month On Record For MI Handle, Revenue, And Taxes Collected $648,202 In Sports Betting Tax Collections In March It was indeed a March full of madness as Michigan and their profitable mobile sports betting operations raked in record numbers for handle, revenue, and … Read more
Sports celebrities and sports betting – once considered the height of conflicted interests in the world of competitive athletics – are now becoming the norm. With sportsbooks being legalized all across America and pulling down millions of dollars for state coffers each month, the major US leagues are in full-on sponsorship mode with he biggest … Read more
Legal sports betting was approved by Michigan lawmakers back in 2019, with in-person sportsbooks opening their doors for business in March of 2020. Shortly after, the onset of COVID-19 across the United States forced non-essential businesses like casinos and sportsbooks to close down their operations until safer guidelines for avoiding the contagion could be developed … Read more
Domestic sportsbooks in Michigan were rolled out in March of 2020 and were then quickly shuttered once the COVID-19 pandemic took hold of the country. The Great Lake State was anxious to jumpstart the process of online sports betting in Michigan to make up for shortfalls in tax revenue collections, as domestic sportsbooks have become … Read more
There’s always a risk of losing money when placing a wager on sports. It’s why the saying “never bet more than you’re willing to lose” is a common saying among people practicing responsible gambling. But risking your life to place a sports bet legally should never be part of the equation. Legal sports betting in … Read more
Heading into the Holiday season, all Michigan bettors wanted for Christmas was legal sports betting. And nearly one year after the Grinch stole the hope of placing bets in the state, residents can officially ’tis the sportsbooks to be jolly. Gov. Gretchen Whitmer signed the Michigan sports betting bill—the Lawful Sports Betting Act—into law Friday … Read more
It’s officially the most wonderful time of the year whether you’re shopping for presents during the Holiday season or shopping for betting lines trying to find an edge in your favor. Much like how the clock is ticking on buying gifts and having packages delivered in time for Christmas—lawmakers hoping to bring legal sports betting … Read more
After today’s vote, the legislation for Michigan sports betting sees the finish line, and there’s only one hurdle left before it becomes law. By a vote of 35-3 today, the Senate passed the sports betting bill to legalize in-person, online, and mobile sportsbooks. “I’m of the belief that providing a legal, safe and regulated option … Read more
After nearly two years of having a rough go at legalizing sports betting, Michigan lawmakers are now making the legislative process look easy. The Senate Regulatory Reform Committee voted unanimously today in favor of most of the iGaming bill package that includes the legalization of sports betting in Michigan as well as Internet poker, online … Read more
The Holiday season is already in full swing, and a few state lawmakers are hoping to give residents the gift of legal sports betting before the last of the 2019 legislative sessions wrap up. Licensed and regulated sportsbooks still aren’t offered in the majority of states, and most of the legislatures that haven’t passed a … Read more
Do you know what’s as good as or even better than receiving a Christmas present? Getting to open a Christmas present before December 25. For Michigan residents, the odds of Santa Claus bringing the gift of legal sports betting and online casinos have never been higher, as stated by multiple recent industry reports. According to … Read more
As more individuals and groups come out in favor of legal sports betting in Michigan, it will get increasingly harder for Gov. Gretchen Whitmer to remain at odds with the current proposal. Michigan’s Indian tribe leaders—whose 24 casinos statewide contributed $53.4 million in gambling taxes to the Detroit and state budget last year—have reportedly declared … Read more