HB 4916 Summary

• Establishes the Lawful Sports Betting Act authorizing internet sports betting through licensed operators in Michigan, including mobile applications, effective December 20, 2019.

• Restricts sports betting operator licenses to existing casino licensees under the Michigan Gaming Control and Revenue Act and Indian tribes operating Class III gaming in the state; each entity is limited to one license.

• Imposes an 8.4% tax on adjusted gross sports betting receipts from non-tribal operators; tribal operators must pay 8.4% of adjusted gross receipts with 90% to the state fund and 10% to the Michigan Strategic Fund.

• Allocates tax revenue as follows: 30% to the city where the casino is located for public safety and community programs, 65% to a state Internet Sports Betting Fund, and 5% to the Michigan agriculture equine industry development fund (with excess over $3 million going to the state fund).

• Requires the Michigan Gaming Control Board to promulgate rules establishing technical standards, responsible gaming measures, age verification (21+), integrity protections, and licensing requirements for sports betting operators and suppliers; prohibits unlicensed sports betting operators.