It hasn’t been an easy process, and it has taken much longer than most people would have liked, but sports betting is finally live in the state of Michigan. Michigan became the 20th state to legalize sports betting last December when Governor Gretchen Whitmer signed a bill into law.
The actual law helped legalize online gambling throughout the state, but the first step was to launch sports betting in the land-based casinos in the state.
Even though the process of legalizing sports betting took quite a long time in Michigan, it didn’t take them much time at all to get things up and running. Michigan was able to get sports betting launched in 11 weeks, which is much quicker than other states around the country have been able to do it.
The goal was to get sports betting launched before the start of March Madness, and they will get it done a week before the buzzer sounds.
There are currently three commercial casinos in the state of Michigan, and all three of them are located in the Detroit area. Michigan is also home to 23 tribal casinos, but the focus is on the commercial casinos at this time.
The trio of casinos in the Detroit area launched on Wednesday, giving them a nice head start on things before the tribal casinos are given the green light to launch.
Greektown Casino, MGM Grand Detroit, and MotorCity Casino Hotel were all expected to open at 1 pm on Wednesday, and then they will officially launch their new sportsbooks hours after a brief ceremony.
All three casinos have been preparing to launch sports betting over the last two months, and they appear to have things in place to succeed. The MGM Grand Detroit has already constructed a state-of-the-art sports betting lounge that will feature food and drink options and walls full of television sets.
Still Work To Be Done
Even though all three casinos have been given the green light to begin sports betting operations, the Michigan Gaming Control Board still has plenty of work to do.
The MGCB still needs to come up with a set of rules that will govern the sports betting industry as well as determine what tribal casinos have met the regulations to offer sports betting as well.
Even though the Michigan Gaming Control Board will not regulate the day-to-day operations of the tribal casinos, they will have a say in how the online sports betting industry works.
Michigan became the 13th state to legalize online sports betting last December, and they also became the 5th state to legalize online casino gambling. It is expected to take the Michigan Gaming Control Board until the start of 2021 before they have everything in place to launch online sports betting.
Financial experts are estimating that Michigan will bring in close to $500 million in annual revenue through the sports betting industry, but it won’t happen until online sports betting is up and running.