Michigan Rolls Out Mobile Sports Betting, iGaming in a Very Big Way

News Highlights: Michigan Rolls Out Mobile Sports Betting, iGaming in a Very Big Way.

Posted: Jan 22, 2021, 10:38 AM.

Last updated: January 23, 2021, 2:23 AM.

Steve Bittenbender

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In an online gaming equivalent of a land fever, 10 licensed operators launched mobile sports betting and / or iGaming apps in Michigan on Friday. It’s a move that should quickly make the Midwestern state one of the top gaming states in the country.

Michigan State Senator Curtis Hertel will place the first online sports bet in the state on Friday. He bet on the Michigan State Spartans to win the NCAA men’s basketball championship in 2021. Ten operators launched sports betting and iGaming apps for statewide use on Friday. (Image: DraftKings /Twitter)

The apps were allowed to take bets at noon. Senator Curtis Hertel, D-East Lansing, placed the ceremonial first bet. He chose his hometown of Michigan State Spartans to win this year’s NCAA men’s basketball championship at DraftKings.

Richard S. Kalm, executive director of the Michigan Gaming Control Board, said in a statement Friday that Hertel was a key player in legalizing online gaming in the state.

“His leadership on the 2019 bills made today’s announcement possible, and his work on the recently signed legislation allowing poker in multiple jurisdictions will allow poker players to compete against players in other states in the future,” said Kalm. “It is a fitting tribute that Senator Hertel is launching this new era of gaming.”

In addition to DraftKings, William Hill, Barstool Sportsbook, TwinSpires, Golden Nugget, Rush Street Interactive, BetMGM, FanDuel, Wynn and PointsBet were others who flipped the switch in Michigan on Friday.

Michigan positioned as a leading online gaming state

With a population of approximately 10 million people, Michigan will become the third largest state to legalize online gaming. Only Pennsylvania and Illinois are bigger.

Given the scale of the launch, the state should be able to match Illinois’ fast start and position itself as a top five state, along with Nevada and New Jersey.

Michigan is the second state in recent months to launch all licensees at once and join Tennessee. The Volunteer State has launched its first four sports betting activities on November 1.

The move could yield interesting results once fulfillment and revenue reports become available. In several states with competitive online landscapes, the current market leader is typically one of the first to hit the market.

To compete for the dollar for sports betting, several operators offered sign-up bonuses and other special offers. For the remainder of January, PointsBet offers Michigan customers the chance to double their net profit, up to $ 100, in free bets. At the same time, net losses are also paid back up to $ 100.

Meanwhile, TwinSpires, Churchill Downs’ new sportsbook, offers up to $ 1,000 in bonus bets over seven days. Additionally, players on the iGaming side can play risk-free for up to $ 500 for the first 24 hours.

Unique partnership between state and tribes

In addition to the simultaneous rollout, another unique part of Michigan’s online gaming initiative is the partnerships the state has made with the tribal casinos.

The only state-licensed casinos are the three in Detroit. Retail sports betting started in the state in March, just before the COVID-19 pandemic closed state-approved casinos until August.

Currently, a dozen federally recognized tribes live in the state, MGCB spokesman Mary Kay Bean said in an email Friday. Each of them has applied for state licenses to offer online gaming.

Michigan is the first US state to license both commercial and tribal casinos for online betting and sports betting, meaning every casino operator and more communities in the state can share in the benefits, ”Bean told Casino.org. “The launch of online gambling and sports betting has been a great concerted effort by all parties involved.”

However, the state does not regulate the tribes’ physical sportsbooks.

Via: www.casino.org

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