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Dee6977  
#1 Posted : Friday, January 03, 2020 1:05:31 PM(UTC)
Dee6977

Joined: 4/2/2016(UTC)
Posts: 2,362
Michigan legalizes online casino & sports betting


Michigan and Governor Gretchen Whitmer have added their all important signature which has seen the Midwestern state legalize sports betting and online casino gambling.

Regarding online casino operations, the legislation approved by the Democratic governor has reportedly established a tiered tax system that starts at 4% of revenues before topping out at 23%. The three casinos in Detroit are again purportedly subject to an elevated rate with the local duty pushing their high water mark up to 26.25%.

Basically, this allows every one of the 26 casinos in Michigan the thumbs up to apply for a sports betting license.

Marvin Beatty, Community and Public Relations Vice-President for Greektown-Casino Hotel, reportedly told the news service that his venue is ‘excited’ about the possibilities that may come with legalized sports betting. He also added that this would mean great things for the state of Michigan and for the city of Detroit.

Beatty reportedly told the Associated Press, “Just like MGM Grand Detroit and MotorCity Casino Hotel, we will have a facility inside of our building because you will only be able to come to the casino to sports bet until later on.”

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