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Daily Fantasy Sports

Michigan to legalise fantasy sports gambling

Published

7 years ago

on


Sports Betting Bill of Michigan Moves Forward
Photo Source: movoto.com
Reading Time: < 1 minute

 

The Michigan state house has voted to legalise fantasy sports gambling in the state. The bills that were passed in the parliament legalise fantasy sports gaming as well as create a statutory framework to regulate the field.

Republican Representative Brandt Iden sponsored the bills, citing the example of Indiana.

“I don’t believe that excludes anybody from the marketplace,” he says. “We want serious actors who can come in and operate these games and make sure they are benefitting players in the state of Michigan. These fees are consistent with other states and I’m happy with where we’re at.”

Steve Brubaker is an attorney representing Small Businesses of Fantasy Sports Trade Association. He says the bills $50,000 registration fee is too steep for smaller fantasy gaming businesses.

“The companies that will pay that price to operate in Michigan are two: Draft Kings and Fan Duel.”

Brubaker says the model of Colarado—specifically its tiered registration fee structure—would be a more suitable model for Michigan.

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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