Is it lastly time for Michigan Sportsbook to go surfing?
The wait is finally over: Michigan Online sports betting is about to start.
It’s time. MI sports betting and iGaming were legalized in late 2019, and retail sports betting was launched in 2019 March.
A lengthy regulatory process was finally completed December. While there was hope that the market would take off last month, it now seems like operators are definitely ready to do so Super bowl Betting online.
“We could have an announcement this week” Michigan Gaming Control Board chief Executive Officer Richard Kalm said at the board meeting this week.
“We are very close,” he later added. “I wish I could give an exact date and time, but every day changes so we collect information every day. We’re very, very close. “
What will the start of online sports betting in Michigan look like?
We don’t yet know who will start in Michigan first. The gaming control board’s green light will appear to be rolling when operators are ready.
Also, board approval does not mean that bets will be accepted that day. The operators still have to carry out various tests before they are officially made available to the public.
Kalm suggested that there could be four or five days between the board’s entry and the first operator able to accept bets.
That can’t come early enough in public. One of the questions during the meeting was asking Kalm why the process took so long.
“You can tell from the questions that everyone is concerned,” Kalm said.
Who Starts Sports Betting in Michigan?
There will be 15th Michigan online sports betting providers:
- Bar stool sports betting
- Churchill Downs (starts with the TwinSpires Brand)
- DraftKings Sports Betting
- FanDuel Sports Betting
- FOX Bet
- Golden nugget
- Scientific games
- William Hill
All of them have already received their preliminary licenses.
Retail results are missing on shutdown
Michigan’s sports betting results were somewhat lacking in December after the state shut down DetroitThe three commercial casinos for about a month to combat the spread Coronavirus.
Handle was fair $ 9.7 million for the month with $ 1.9 million in sports betting revenue.
Since launch, Michigans took three sports bets in retail $ 130.8 million when betting with $ 18.3 million in sales.
Pooled online poker is not coming soon
Another question Kalm received from the concerned public when online poker would include players from other states.
“We have a lot to do,” said Kalm.
Michigan recently passed law allowing operators to group poker players with their poker operations in other states.
But those operations couldn’t begin in the state until the end of the year, Kalm said. He has already had preliminary talks New Jersey in relation to pooled poker players.