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The legislation also sets up the framework for legal sports betting, Iden said, but the Michigan Gaming Control Board first would need to legalize sports betting statewide.
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The Keystone State could kick off both online casinos and sports betting later this year in order to grow the market, but hurdles remain. According to the state figures, the 12 brick-and-mortar casinos won $278.9 million from patrons during May, less than half a percentage point better than May 2017. Through the first five months of this year, the casinos won $1.37 billion, slightly more than half a percentage point better than during the same period a year prior, according to data compiled by UNLV’s Center for Gaming Research.
Rugby union betting markets for domestic games aren’t as prevalent as they are for international matches, but bookmakers still offer markets for all Super Rugby games. Of the four main types of gambling in New Zealand, sports (and horse racing) betting is actually the least prominent, bringing in $NZ 286 million in 2012, compared to $NZ 850 million from pokies.
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He said the Michigan Gaming Control Board believes it has the parameters to authorize sports betting but wants the Legislature to "take the initial step." Establishing a tax for online gambling, including internet sports wagering, is a first move, he said. He plans to next introduce legislation to set an 8 percent tax for sports betting inside casinos.
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