Online gambling bill sails through Michigan House

The proposal seeking to regulate online gambling in Michigan has passed the thorough scrutiny of the State House.

The Detroit News reported that Michigan lawmakers voted 68-40 in favor of a bill that would authorize casinos to offer internet gaming. The piece of legislation will now be sent to the Senate for their consideration.

According to the House-approved online gambling bill, casino operators must secure a license in order for them to be able to offer online versions of their games. The state planned to impose 8 percent tax on online gambling revenues.

The state has allocated 35 percent of its revenues from online gambling to the Internet Gaming Fund, which was tasked to enforce regulations, while the Michigan transportation fund and school state aid fund would each get 5 percent. The city of Detroit would take a lion’s share from the online gambling revenue with 55 percent.