- Michigan has authorized nine gambling operators to launch online sports betting and online gaming throughout the state on Friday.
- FanDuel, DraftKings, BetMGM, and Barstool Sportsbook are among the nine gambling operators launching in Michigan.
- Online sports betting in Michigan will be taxed at a rate of 8.4% while online gaming will be taxed between 20-28%.
DETROIT – Starting Friday residents in Michigan will have numerous betting options available to them as nine gambling operators are set to launch in the state at noon on Friday. Online gambling and sports betting are expected to usher in a new era of gambling for Michigan.
The tax revenue generated from the legalization of sports betting and online gaming will aid Michigan in making up for any revenue lost due to the COVID-19 pandemic. With sports betting being taxed at 8.4% and online gaming being taxed at 20-28%, Michigan could be home to one of the top 10 gambling markets in the US.
The operators that will be launching in Michigan are among the biggest brands in the gambling industry in DraftKings, BetMGM, and William Hill.
Gambling Operators Launching Friday in Michigan:
- Hannahville Indian Community, TwinSpires
- MotorCity Casino, FanDuel
- Grand Traverse Band of Ottawa and Chippewa Indians, William Hill
- MGM Grand Detroit, Bet MGM/Roar Digital
- Little River Band of Ottawa Indians, Rush Street
- Bay Mills Indian Community, DraftKings
- Greektown Casino, Penn Sports Interactive/Barstool Sportsbook
- Keweenaw Bay Indian Community, Golden Nugget Online Gaming
- Sault Ste. Marie Tribe of Chippewa Indians, WynnBet
Each of the gambling operators except for the Greektown Casino will be launching both sports betting and online gaming. Greektown will launch sports betting through the Barstool Sportsbooks mobile app and will roll out its online casino down the road as it awaits final regulatory approval.
“This is an exciting time to be launching our online Barstool Sportsbook in Michigan,” said Jay Snowden, President, and CEO of Penn National. “We have been incredibly pleased with the success of the mobile app since launching in Pennsylvania in September. Our customers have thoroughly enjoyed engaging with Dave Portnoy, Dan ‘Big Cat’ Katz, and other Barstool fan favorites, and we expect more of the same in Michigan. As the only gaming operator with a fully integrated sports media and entertainment partner, Penn can provide our customers the opportunity to interact with Barstool personalities online and also in-person at our new Barstool Sportsbook at Greektown.”
The sports betting market in the Great Lake State is packed with heavy hitters and residents of Michigan have a plethora of choices to make when deciding where to place bets on Friday. Michigan launching mobile sports betting now gives the state a chance to take advantage of the remaining NFL postseason games including the biggest betting day of the year in the Super Bowl.
Expect Michigan to quickly understand the financial benefits online gambling and sports betting will bring to the state, after 2020 saw the state permit in-person betting at sportsbooks. Now with legal online gambling launching, Michigan will be one of the few states with both in-person and online/mobile betting active.