The online punters might soon find sports betting and casino products in their digital stockings in Michigan. The state legislature’s Joint Committee on Administrative Rules (JCAR) waived the rights to subject the final draft of the online gambling regulations to further review.
It clears the path for the Michigan Gaming Control Board (MCGB) to officially file the final regs with the department of state. Once done, the MCGB then can finally begin approving the online casino or betting licenses.
The gambling-expansion plans were approved by the State a year ago. MCGB started accepting online license applications this summer. MCGB set a date of late 2020 or early 2021, but now there is pressure to reach the target as soon as possible.
The online applicants are seeking certificates of approval for their technical apparatus. MGCB expressed said cautious optimism that online gambling might commence this year.
That scenario can get tougher if the MGCB insists on a fixed online launch. However, this would be possible only if all the applicants receive licenses along with the commercial and tribal casino operators, by the end of the month.
Detroit three struggling commercial casinos and were forced into second pandemic lockdown. Not all the tribal casinos have shut down, but they want to add online to their revenue mix.
Online operators DraftKings and FanDuel are also continuing their brand awareness efforts ahead of Michigan’s online debut. Both the companies have signed a deal with Bay Mills Resorts & Casino and MotorCity Casino Hotel. They have also betting partnerships with National Basketball Association’s Detroit Pistons on Monday.
Also, PointsBet previously signed a pact with Major League Baseball’s Detroit Tigers and NFL’s Detroit Lions. They have also paired up with BetMGM.
Inspirational Link: https://calvinayre.com/2020/12/01/business/michigan-online-casino-sports-betting-launch-closer/
