MICHIGAN GAMING CONTROL BOARD

Online gaming and sports betting in Michigan will go live at noon Friday, Jan. 22. “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,” Kalm said in a news release. Only licensed casinos in Michigan — the 24 tribal casinos and three Detroit casinos – are allowed by law to offer online gaming and sports betting. For Detroit casinos, 30% of online sports betting and internet gaming taxes will be allocated to the city, while 65% will be allocated to the state Internet Sports Betting Fund or the state Internet Gaming Fund. For 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.

Michigan will officially allow online sports betting for the first time starting on Friday, Jan. 22. The Michigan Gaming Control Board today authorized nine operators to begin online sports betting or both online gaming and sports betting at noon on Friday, Jan. 22. “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. Taxes and Payment RatesThe tax and payment rate for online sports betting is 8.4 percent. The tax and payment rate for internet gaming ranges from about 20 percent to 28 percent.

The Michigan Gaming Control Board (MGCB) announced Wednesday that is has started to accept internet gaming and internet sports betting operator license applications from commercial casinos and tribes in Michigan. The MGCB continues to make progress toward the launch of online gaming by adding forms for operators and vendors, said Richard S. Kalm, MGCB executive director. On May 15, the agency began to accept online gaming supplier forms. We expect to launch internet gaming and online sports betting by late 2020 or early 2021, Kalm said. Read back: Michigans Legislature votes to legalize sports betting, online gambling

The Michigan Gaming Control Board made the announcement Friday that sports fans will be able to bet on March Madness games when the legal betting goes live. MGM Grand in Detroit spent $7 million on a sports lounge and sports book. It will have seven walk-up windows and 15 kiosks. Greektown Casino sports book will be on the third level with kiosks, televisions, a bar and food. Motor City Casino didn’t respond to a comment request about what it has ready for sports betting, but it has met the requirements to begin onsite betting Wednesday.

A Michigan Gaming Control Board official explains it will take about a year to write and finalize rules. LANSING Sports bettors should be able to place wagers in person at casinos this spring but will wait until 2021 to do so online, Michigans regulatory agency said Wednesday. Mary Kay Bean, spokeswoman for the Michigan Gaming Control Board, gave the update about a month after Gov. Bean said the agencys goal is to authorize onsite sports wagering at the Detroit casinos in the spring. Betting could begin in two to three months, he said, noting that the casino in 2018 opened a new sports bar knowing that sports betting was a possibility.