Michigan : the casinos could do online gambling without the need for a license
June 30, 2020
Michigan ranks as the next state that could be inching itself forward in the process of legalization. Its journey toward legalization with online casino and poker games has been years in the making, and even today, it remains a work in progress, but we have a new development with it. Internet gaming and sports betting have become a reality after years of Michigan state representatives like Brandt pushing for it. We have even seen a shift in public policy as Governor Gretchen Whitmer signed it.
Changing Times: Responsible?
We face times that aren't the same as what they once were, and you could say that these are far from normal times. COVID-19 has dished out an environment where a lot of activity such as work has come from the online environment. During the COVID-19 crisis casino revenue dropped from the sky, and like many other sectors, businesses were struggling to make it. In fact, the crisis has had such ill effect on the United States economy that they released a bill that would allow for all casinos to earn revenue through the online medium. In particular, this sector has suffered crushing blows because of how everything has closed in terms of entertainment, which has made it difficult for people.
Internet Gaming without a License
To help everyone get through the crisis, seven Democrats and two Republicans have introduced a bill to where the casinos could do online gambling without the need for a license. This will help them to overcome these troubling times. This will continue until the social distancing guidelines no longer exist so that people can go back to the casinos to gamble there.
Helps the Casinos and the Government
While this bill looks out for the casinos, it also looks out for Uncle Sam. Casino gaming has proven a solid source of revenue for the government as they tax this form of business at 3.78 percent, and the city of Detroit taxes it at an additional 4.62 percent. What's interesting is that both parties support this bill because of how it will bring forth greater revenue for the United States government, which it desperately needs during this time.
COVID-19 has been hard on every person and on every sector. No one has escaped its grasp. Casinos and airlines have suffered an especially hard hit, but this opening toward online gaming could have long-term positives.