Michigan online gambling bill moves forward
Michigan lawmakers voted 68-40 Tuesday night for two main bills to create a Lawful Internet Gaming Act that would regulate online versions of licensed casino games.
Thirty-five percent of profits from the platforms would go into a new Internet Gaming Fund to enforce regulations, WLNS reports. Five percent would go to the Michigan transportation fund, another 5 percent would be put into the school state aid fund and the rest would go to the city of Detroit - which has the state's only non-tribal casinos.
If the bills pass the Senate and then the governor's desk, Michigan would join a wave of states currently exploring the online gambling industry as a source of revenue. Critics say the proposal would enable gambling addicts, especially young adults.
The Senate is not expected to consider the legislation until after it returns from a summer break.
Google Ads updates gambling policy to allow Alberta operators ahead of regulated iGaming launch
Wilton Rancheria breaks ground on Sky River hotel resort development
PrizePicks expands motorsports presence through Arrow McLaren IndyCar agreement
FanDuel CEO Amy Howe exits as Flutter faces industry shift and lowered forecast
Zitro Digital appoints Thiago Valadão as Commercial Director for Brazil
HIPTHER appoints Elena Stepanyatova to lead event content and production across conference portfolio
Flows secures Pennsylvania Gaming Control Board authorisation
Riddec Games enters Nirmata Play distribution network through Stargate partnership
Sportsbook integration: Deploying betting widgets at scale
IDX selected to power 250 gaming tables with X-Trend system at the Westside Resort
Aristocrat Gaming showcases new Asia-focused portfolio at G2E Asia
