Sports Gambling & Online Now Legal in Michigan
This just got passed early Friday morning and allow casinos all over the state to start sports gambling. According to MLive, Michigan Governor Gretchen Whitmer signed the legislation that paves the way for sports betting and internet gaming for those 21 and older in Michigan, and also legalizes and regulates fantasy sports betting in Michigan. The law will also amend state laws regarding charitable gaming and regulations for Detroit-area casinos.
There's a lot in the bill but one of the things that took a while to straighten out was taxes. But an 8.4% tax on sports bets would be collected after winnings are paid out. The taxes on internet gambling would be higher and range between 20 and 28%, depending on how much money a casino generates from online gambling.
Motorcity casino in Detroit has already been renovating their place leading up to the law being passed, but it doesn't look like we will be able to bet until March Madness. So if you are looking to bet on Michigan or Michigan State in football you will have to wait till next season but you will most likely be able to place a bet on them in basketball. More about it here.