Thanks for sharing, 300.
That ML lounge looks phenomenal.As of 10/11/2019, here is the latest talk, three new articles:
More Michigan sportsbetting talk
https://www.wxyz.com/news/michigan-state-rep-working-to-legalize-sports-betting-by-end-of-this-year
https://www.mlive.com/life-and-culture/g66l-2019/10/cde400539e1106/huge-sports-lounge-opens-at-mgm-grand-detroit-minus-the-sports-betting-for-now.html
https://calvinayre.com/2019/10/11/casino/detroit-casinos-struggling-sports-betting/
This is getting very frustrating. For the last 3 weeks, there has been zero news on any progress within the State of MI for passing legalization of Sports Wagering. Last news was to announce that the bill had passed the state house, and that it was going to the senate, with a threat from the Governor to veto the bill, as she believes not enough taxes will be raised as is. Plus she believes it will affect online lottery sales, which benefits the schools.
In looking at the State Senate session schedule, they are in session only 3 days a week for the first 3 weeks in December. So hopefully, in those 9 days, the bill will be voted on, and sent to the governor. We shall see what happens.
This is getting very frustrating. For the last 3 weeks, there has been zero news on any progress within the State of MI for passing legalization of Sports Wagering. Last news was to announce that the bill had passed the state house, and that it was going to the senate, with a threat from the Governor to veto the bill, as she believes not enough taxes will be raised as is. Plus she believes it will affect online lottery sales, which benefits the schools.
In looking at the State Senate session schedule, they are in session only 3 days a week for the first 3 weeks in December. So hopefully, in those 9 days, the bill will be voted on, and sent to the governor. We shall see what happens.
The tribes want it, at least the ones by me do. Why wouldn't they? They have to compete with Indiana sports books.Just remember the tribes have a strong voice behind the scenes that gets heard.
The tribes want it, at least the ones by me do. Why wouldn't they? They have to compete with Indiana sports books.
They are in a very competitive market by me. Four Winds (largest in Mich) by me is competing against 4 casinos between them and Chicago that have sports betting. Their odds on everything else are in line with other casinos. Now the UP is full of smaller casinos, owned by one tribe, they could be different.On their terms and in a way that benefits them.
They are in a very competitive market by me. Four Winds (largest in Mich) by me is competing against 4 casinos between them and Chicago that have sports betting. Their odds on everything else are in line with other casinos. Now the UP is full of smaller casinos, owned by one tribe, they could be different.
Thanks for the clarification.I know the market well, have done work for Four Winds. Not working on the sports betting with them now but I know what they are thinking. They would be fine with it being just location only and no online. They have a gaming compact that rewards them if that was the case. If it becomes statewide everyone has mobile and the governor gets her way with a high tax this is nearly worthless to them. So they are doing the lobbying for no mobile which of course sucks for the players but serves their needs. The commercial casinos would hate that because most sports bettors are not going to like to have to drive into Detroit from the burbs just to place a bet. They need mobile and need a fair tax. If they do they will dominate the business in Michigan and the tribes will be unhappy about it. So that's why I say the tribes are going to quietly be a problem along with the Governor who sees all the money PA is getting in taxes and saying anything less is a "gift" to the casinos.
How much organized crime is there in Michigan in regards to wagering?