Section 432.415a – Allocation of Certain Payments.
432.415a Allocation of certain payments. Sec. 15a. Any payments under section 7(1)(f) must be allocated as follows: (a) Ninety percent to this state to be deposited in the fund. (b) Ten percent to the Michigan strategic fund created under section 5 of the Michigan strategic fund act, 1984 PA 270, MCL 125.2005. History: 2019, Act […]
Section 432.402 – Legislative Findings and Declaration.
432.402 Legislative findings and declaration. Sec. 2. The legislature finds and declares all of the following: (a) Operating, conducting, and offering for play sports betting on the internet, including through mobile application, involves gaming activity that already occurs in this state illegally. (b) This act is consistent and complies with the unlawful internet gambling enforcement […]
Section 432.416 – Internet Sports Betting Fund.
432.416 Internet sports betting fund. Sec. 16. (1) The internet sports betting fund is created in the state treasury. (2) The state treasurer may receive money or other assets required to be paid into the fund under this act or from any other source for deposit into the fund. The state treasurer shall direct the […]
Section 432.403 – Definitions.
432.403 Definitions. Sec. 3. As used in this act: (a) “Adjusted gross sports betting receipts” means gross sports betting receipts less a deduction for the monetary value of free play wagered by authorized participants as an incentive to place or as a result of their having placed internet sports betting wagers. (b) “Affiliate” means a […]
Section 432.416a – Monthly Report of Internet Sports Betting Operations.
432.416a Monthly report of internet sports betting operations. Sec. 16a. (1) A sports betting operator shall provide to the board a monthly report to include all of the following regarding its internet sports betting operations, by sport and type of internet sports betting wager: (a) Total amount of internet sports betting wagers received. (b) Winnings. […]
Section 432.404 – Internet Sports Betting; Conduct Generally; Inapplicability of Act to Indian Tribe; Prohibited Conduct; Limitations on Betting Platform.
432.404 Internet sports betting; conduct generally; inapplicability of act to Indian tribe; prohibited conduct; limitations on betting platform. Sec. 4. (1) Internet sports betting may be conducted only to the extent that it is conducted in accordance with this act. (2) An internet sports betting wager received by a sports betting operator or its internet […]
Section 432.417 – Legal Shipment of Gambling Device.
432.417 Legal shipment of gambling device. Sec. 17. To the extent that sports betting equipment used to offer internet sports betting under this act is a gambling device as that term is defined in 15 USC 1171, a shipment of sports betting equipment, the registering, recording, and labeling of which has been completed by the […]
Section 432.405 – Michigan Gaming Control Board; Powers and Duties; Jurisdiction; Amateur or Professional Athletic Event.
432.405 Michigan gaming control board; powers and duties; jurisdiction; amateur or professional athletic event. Sec. 5. (1) The board has the powers and duties specified in this act and all other powers necessary to enable it to fully and effectively execute this act to administer, regulate, and enforce internet sports betting under this act. (2) […]
Section 432.418 – Scope of Act.
432.418 Scope of act. Sec. 18. This act does not authorize the construction or operation of a casino that was not constructed or operating before the effective date of this act. History: 2019, Act 149, Imd. Eff. Dec. 20, 2019
Section 432.406 – Sports Betting Operator License; Application; Fee; Form and Contents; Confidentiality; Prohibited Conduct.
432.406 Sports betting operator license; application; fee; form and contents; confidentiality; prohibited conduct. Sec. 6. (1) The board may issue a sports betting operator license only to an applicant that is either of the following: (a) A person that holds a casino license under the Michigan Gaming Control and Revenue Act, 1996 IL 1, MCL […]