- Michigan is accepting internet gaming licenses from sportsbook operators.
- Michigan is hoping to launch online sports betting odds and internet gaming by 2021.
DETROIT – Online sports betting options could be making its way to Michigan very soon. The Michigan Gaming Control Board announced on Wednesday that it will be accepting online sports betting applications from the sportsbooks that are located in the state.
Michigan is hoping that the sportsbook operators will jump on the opportunity to that they can launch their online sports betting market by the end of 2020.
“Operators should file applications soon so we can conduct investigations and work with them on internal controls, technical standards, lab certifications and other requirements— In addition, the operators and suppliers should encourage their vendors to complete and submit registration forms— It’s more likely all participants will be prepared and qualified for launch if the MGCB receives timely applications,” said Richard S. Kalm, MGCB Executive Director.
What the gaming control board is hoping to do here is further advance their mobile betting market
Right now, sports betting is offered in the form of retail sportsbooks as well as mobile sportsbooks.
In their debut month of March, sports betting generated $105,548 in total revenue. That number could rise drastically when they launch their online sports betting market and bettors are not in a COVID-19-filled world.
There are currently five operating sportsbooks in the state who are all eligible to apply for the licenses.
Eligible Online Betting Licenses In Michigan
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BetMGM
FanDuel
FOX Bet
PointsBet
William Hill
Aside from those five retail sportsbook locations, there are a total of 26 casinos in the state that can all apply if they were to partner with a sportsbook operator.
Aside from the Michigan online sports betting apps, the board is also accepting vendor registration applications for the possibility of new retail sportsbook locations as well.
Samuel decided to get into writing 6 years ago when he first started his college career at Florida State University. After declaring a major in Editing, Writing and Media, Samuel had found his passion for writing. During his free time, he could be found writing about, watching or playing sports.
