The outgoing Governor of Michigan has vetoed a bill approved by the state legislature which would have legalised intrastate online gambling for commercial and tribal casinos.
Bill HB 4926, set to regulate casino games at a competitive tax rate of 8 percent GGR, was overturned by the official during his last days in office.
“I do not think it is appropriate to sign legislation that will effectively result in more gambling, with a reasonable chance that the state could lose revenue,” said Governor Rick Snyder.
The bill would also have generated three new land-based licenses for commercial ventures, and 24 for tribal operators.
However, Snyder described the projected decline in contribution to the School Aid Fund as “concerning.”
The governor added that he hoped the incoming administration “can more thoroughly evaluate the revenue implications from authorizing internet gambling.”
The new legislature commenced on 9 January under Governor Gretchen Whitmer, with a second bill expected to be proposed within the next few months.