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Online Poker Regulation In Michigan Still Holds A Chance In 2017

Online Poker Regulation In Michigan Still Holds A Chance In 2017

Soon after a lawmaker gave a new proposal to the online poker games, lawmakers in Michigan are discussing the merits of the regulating online casino games.

Republican Brandt Iden, a State Rep., introduced to the House, HB 4926. Another bill was cleared in the Senate with the same intents earlier this year. The proposed laws, which are advertised as consumer protection initiatives, will lead to three Detroit casinos and almost two dozen tribal casinos to offer online poker in the state. The online gaming would be taxable at 15 percent.

The online gaming is already highly popular in Michigan because of the offshore companies offering their services to the residents, with Michigan suffering in the taxes.

The HB 4926 states, “It is in the best interest of this state and its citizens to regulate this activity by authorising and establishing a secure, responsible, fair and legal system of internet gaming.”

The online gaming industry demands a lot in Michigan and has a far way to go, after it was declared dead in December 2016. The online poker is being used to revive the stagnant gambling industry in the state.

If Michigan approves this year, it will become the fourth state to have regulated Las Vegas-style gaming on the net. New Jersey was the last state to do so in 2013.