Michigan politicians have introduced new online poker and casino legislation, nearly five years to the day that federal authorities brought down the ban-hammer on US-facing online poker companies.
On Thursday, five Michigan state senators, led by Sen. Mike Kowall (pictured), introduced SB 889, aka the Lawful Internet Gaming Act. The bill seeks to “protect residents of this state who wager on games of chance and skill through the internet and to capture revenues and create jobs generated from internet gaming.”
The list of legally permitted online games has yet to be fully fleshed out, but sports betting won’t be among them in order to avoid conflicts with the federal PASPA sports betting prohibition. Online gambling would be limited to individuals 21 years of age or older.
The state plans to issue no more than eight online gambling licenses to either state-licensed private casino operators or federally recognized tribes with existing casino operations in the state. Tribes will have to waive their sovereign immunity and pay the relevant taxes and fees in order to qualify. Institutional investors who hold less than 30% of an applicant’s equity are exempt from the application consideration process.