March Madness leads to surge in Michigan online sports betting numbers
March Madness led to a booming month of online sports betting in Michigan. According to data released Tuesday by the Michigan Gaming Control Board, online operators reported a total of $359.5 million in total sports betting handle for March – a 19.1% increase from February, the state’s first full month of online sports betting. Online sports betting, which is taxed at 8.4% in Michigan, raised $535,930 in state tax money last month, compared to $142,240 in February. Meanwhile, online casino gaming figures continue to soar. BetMGM generated the most in online casino revenue at $30.8 million.mlive.com
U of M may not be the only ones winning big this weekend
Warning: There are some game spoilers ahead, so if you want to play along, watch the video above first. Q: Which Wolverines team has the biggest odds of winning, the men or the women? Twinspires puts the men at around 144 points, while the women’s game is set at 137 points. Q: Based on their current odds, what is the percentage chance of both the men and the women’s team advancing to the elite 8? To see how Tati did and for more info on how you can download Twinspires yourself, check out the video above.
FanDuel’s ‘Spread the Love’: Detroit bettors can cash in on 100-point spread vs. Lakers
DETROIT – As long as the Detroit Pistons don’t lose to the Los Angeles Lakers by 100 or more points, bettors in the area can cash in on a bet of up to $50 as part of FanDuel’s “Spread the Love” campaign. In honor of the Detroit area code, for every 313 users who bet on the Pistons to cover the spread against the Lakers on Thursday night, FanDuel is adding an extra point to the spread. 🚨 Spread The Love 🚨MICHIGAN - It's time to #SpreadTheLove! FanDuel is grading everyone who bets on the Pistons to cover the spread credit for the final number. The “Spread the Love” event could have a potential payout of -110 odds.
Online gambling and sports betting goes live in Michigan
DETROIT – Starting at noon Friday, people in Michigan could legally place bets on sports teams or play casino games online. READ: ‘New era’ of gambling in Michigan begins -- Online sports betting goes live FridayIt’s been billed as a new dawn of online sports gambling, but really it is the COVID-recovery plan for the gambling industry. It all starts with downloading your favorite gambling app to your phone or smart device. At sign-up, they all require GPS tracking to make sure you’re betting from inside Michigan. The operators authorized to begin online offerings Jan. 22 are:ResourcesThe MGCB has published FAQs, patron dispute forms and a sports wagering catalog on its website, www.michigan.gov/mgcb.
Local 4 News at Noon -- Jan. 22, 2021
DETROIT – Here’s what you missed on Local 4 News at Noon. ‘New era’ of gambling in Michigan begins -- Online sports betting goes live FridayOnline sports betting and casino games will start in Michigan at noon Friday, an expansion of options for gamblers who now wager through offshore sites.
‘New era’ of gambling in Michigan begins -- Online sports betting goes live Friday
DETROIT – Starting at noon, Friday, online sports betting was allowed for the first time in Michigan. The launch came about a year after sports betting became legal in Michigan, but until now, players had to place bets in person at casinos. It’s not just sports betting, but online gambling also has gone live. The MGM Casino is using Roar Digital, Motor City Casino is using FanDuel and Greektown Casino is using Penn Sports Interactive. The online apps require the user to verify their location within Michigan using the GPS in one’s phone or smart device.
Michigan launches online sports betting Friday: What to know
(AP Photo/John Locher, File)LANSING, Mich. – Online sports betting and casino games will start in Michigan at noon Friday, an expansion of options for gamblers who now wager through offshore sites. State regulators have authorized licenses for all three Detroit casinos and seven of the dozen tribes with “Class III” casinos. Greenblatt said the state's 8.4% online sports betting tax is “very sensible,” allowing licensed operators to compete with offshore sites. “You've got a group of players who have long been betting offshore. Casinos offering online games like blackjack will pay a tax of between 20% and 28%, depending on their amount of adjusted gross receipts.
Online sports betting to begin in Michigan on Jan. 22
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.
Ouch: Red Wings with worst odds to win Stanley Cup, their division
That means if you bet $100 on the Red Wings and they somehow won Lord Stanley’s Cup this season you would cash out $20,000. BetOnline also has the NHL division futures set -- the Red Wings have the worst odds, out of any team, for winning their division: +2500. Fear not, Red Wings fansGo ahead and throw your money away, if you want. On defense, the Red Wings added Troy Stecher, Marc Staal and Jon Merrill. On his own side of the line shall be defined by a “plane” of the blue line which shall extend from the leading edge of the blue line upwards.
Detroit Tigers announce partnership with sportsbook operator
DETROIT The Detroit Tigers became the first Major League Baseball team to reach a deal with a sports gambling company, announcing a multiyear partnership Thursday with PointsBet. Detroit said the agreement will enhance fan engagement and game-day excitement by providing access to unique experiences, content, promotions and more, in and around Comerica Park.PointsBet operates in rare space within the industry by owning our technology environment from end to end, which allows us to be extremely nimble on product innovation and personalized offerings to complement our apps market-leading speed," PointsBet USA chief executive officer Johnny Aitken said in a statement. As part of the deal, PointsBet will have branding at Comerica Park and will be featured on the Detroit Tigers Radio Network. Related: Michigan Gaming Control Board now accepting online gaming operator, vendor forms
Legal sports betting in Michigan to go live just in time for March Madness
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.
Gov. Whitmer signs bills legalizing sports betting, internet gambling in Michigan
Gretchen Whitmer has signed bills to legalize sports betting and internet gambling in the state of Michigan, she announced. Money raised through online gaming and sports betting will support the school aid fund and First Responder Presumed Coverage Fund, Whitmer said. The bill package allows tribal casinos to participate in online gaming and sports betting at an equal level to the Detroit casinos. House bill 4916 creates the Lawful Sports Betting Act, which legalizes sports betting in casinos, online and mobile. This bill specifies that an internet sports betting wager received by a sports betting operator or its internet sports betting platform provider would be considered gambling or gaming that was conducted in the sports betting operator’s casino located in Michigan.
Michigan poised to legalize sports, online gambling: What to know
LANSING, Mich. – Michigan’s Legislature will vote Wednesday to legalize sports betting and internet gambling, expanding options for gamblers in a state with three commercial casinos in Detroit and two-dozen tribal casinos elsewhere. Michigan will become the 20th state to authorize sports wagers and the fifth to allow casino-style games to be played online. UPDATE: Whitmer signs bills legalizing sports betting, internet gambling in MichiganA look at the development:WHEN MAY SPORTS BETTING BEGIN? Supporters said gamblers already are betting on sports and gambling online through illegal bookies or non-U.S. websites. Those offering online games like poker will pay a tax of between 20% and 28%, depending on their amount of adjusted gross receipts.
Michigan Senate expected to approve sports betting, online gambling bill
LANSING, Mich. – The Michigan Senate is expected to approve bills that would legalize sports betting and internet gambling. READ MORE: Michigan Senate panel OKs sports betting, online gamblingUnder the bill, an 8.4% sales tax would be collected, most of which will go toward funding public schools. There are still no details on how long it will be before people can place legal bets. Detroit’s casinos have been preparing for legalization -- MGM built a sports betting area in preparation that has yet to open. If approved this week, the bill will land on Gov.