MI SB0881

Increases the daily limit for qualified organizations conducting millionaire parties from $15,000 to $25,000 in exchange for imitation money or chips in one day.

Prohibits persons under 18 years of age from wagering at millionaire parties.

Restricts wagers to games of chance taking place at the approved location and time period; prohibits wagers on athletic events or games involving personal skill.

Makes the millionaire party licensee responsible for ensuring compliance with all requirements of this section.