The new Bill S203 has been presented to Michigan’s regulatory committee and could see online gaming become a reality in the state if passed.
Michigan became the sixth US state to introduce online gaming legislation in only the first two months of 2017.
Bill S203, whose primary sponsor Senator Mike Kowall, a man who received overwhelming support from the Regulatory Reform Committee for a similar bill last year, would make online gambling legal in Michigan by the end of this year.
The bill “must include but need not be limited to” online poker, the bill states, and would pave the way for Michigan’s commercial casino operators and federally recognised tribes to apply for licenses.
In its current form, the bill provides for an industry competitive regime, with licences costing as little as $200,000 – a great deal cheaper than New York’s $10m or Pennsylvania’s $8m – and with the tax rate set at an affordable ten percent.
The bill now heads to the regulatory committee for clearance; a board on which the six sponsors of the bill already sit. Michigan joins a growing list of states introducing legislation to regulate online gambling this year including Hawaii, Massachusetts, California, New Hampshire and New York.
Pennsylvania is preparing to vote on its igaming legislation at some stage this month.