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In December, Michigan experienced an early Christmas as Governor Gretchen Whitmer approved a set of gambling expansion bills. These laws effectively legalized sports betting and iGaming in the state.
However, similar to sports legislation in many other states, the specific details regarding the implementation of sports betting in Michigan have been slow to be revealed.
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The Good: Sports Betting Firms Are Partnering With Michigan Casinos
Michigan has become a lucrative market for sports betting operators, with three out of the 26 casinos in the state already forming partnerships with such operators.
- PointsBet and the Lac Vieux Desert Public Enterprise and Finance Commission, which operates the Northern Waters Casino Resort.
- FOX Bet and Odawa Indians Gaming Authority, also known as Odawa Casino,
- BetMGM and MGM Grand Detroit are two separate entities.
In accordance with state law, a sports betting operator must form a partnership with a casino in order to obtain the necessary license for establishing their business within the state. Each casino is granted the privilege of one partnership, also referred to as a “skin.”
If an operator, such as PointsBet, secures a partnership with a casino, they have the opportunity to leverage their brand to establish both a physical sportsbook and an online or mobile application.
MGM Grand Detroit eagerly prepared for sports betting on their premises, taking proactive steps to establish the foundation. In October, the casino launched Moneyline Sports Lounge, a remarkable initiative that preceded the legalization of sports betting by almost two months as initiated by the governor.
According to the Detroit News, Mike Neubecker, the Casino COO and president, stated that although the lounge was initially launched as a sports bar, its primary purpose is for sports betting.
He informed the paper that in the event of sports betting being legalized, they are ready to provide an exceptional experience.
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The Bad: No Live Bets Yet
The legalization of sports betting in Michigan brought forth a significant date that captured everyone’s attention: February 2, the day of the renowned Super Bowl.
Legislators had doubts about their ability to finalize all the regulatory details by that date, and their skepticism was well-founded. As we reach mid-February, land-based sports betting still remains pending.
The state law mandates that tribal casinos must be launched within 60 days, while both tribal and commercial properties must be launched within 150 days. Therefore, the final possible launch date would be May 18th.
However, it is highly improbable that both casinos and lawmakers would not complete the necessary preparations and commence operations prior to the start of March Madness.
Although there won’t be any tournament games held in the state, it is anticipated that two local teams, Michigan and Michigan State, will participate in the tournament.
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The Ugly: Online Sports Betting Is a Long Way Off
The delay in land-based sportsbooks accepting bets is not as worrisome as the potential postponement of online and mobile sports wagers in Michigan until 2021.
Except for a few quotes given by the board’s communications specialist in January, the Michigan Gaming Control Board has remained mostly silent regarding the upcoming year.
Bean stated that, according to the board, the process of finalizing regulations would likely require approximately one year.
It is disheartening to see this timeline progressing at a sluggish pace, especially when we compare it to the neighboring state of Indiana, which successfully launched online and mobile sports betting just five months after their governor legalized it.
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What’s Ahead In Michigan Sports Betting: More Partnerships Likely
The usual progression of state-level sports betting initiation commonly adheres to a consistent timeline: legislation is approved, policymakers and gaming authorities engage in deliberations regarding specific aspects, casinos proceed to construct sportsbooks and establish collaborative agreements.
Michigan’s casinos are now in the partnership stage, indicating that there will be an increase in the distribution of skins prior to March Madness, and definitely before the May deadline for land-based sportsbooks.
Penn National Gaming, the operator of Detroit’s Greektown Casino Hotel, is highly expected to make a partnership announcement soon. They have a proven track record of collaborating with William Hill in Pennsylvania.
Michigan casinos benefit from the state’s favorable tax rates on sports betting revenues. All casinos pay a reasonable 8.4% tax, while Detroit’s three casinos are subject to an additional 1.25% city tax.
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