Compliance Updates
A set of bills could be a game-changer for Michigan’s online gambling
When the current laws say online gambling is beyond the pale. It is anticipated that a set of bills advancing through the Michigan’s legislature could be a game changer for the online gambling industry within the state.
In view of this, Rep. Brandt Iden, R-Oshtemo, said he is looking forward to set up online gambling through the existing casinos in the state. In that scenario, the state could regulate and tax the process while providing a legal way for people to do what many are already doing contravening the law.
Iden said: “This creates a sort of sanctity of the game, I like to call it, and players who play regularly know that they want their money protected and they want to get paid when they win. I mean, that’s the benefit of being able to structure it so that it’s properly regulated. In addition to the tax revenue for the state of Michigan, you will protect and ensure that people are 21, (and) that if there’s a problem gambling issue, people aren’t going overboard.”
The bills have already cleared committee in both the Michigan House of Representatives and the Senate. They are awaiting action by the full chambers.
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