Governor Whitmer recently signed House Bills 4311, 4916, 4308, and 4307 into law. These bills, respectively, create the Lawful Internet Gaming Act, the Lawful Sports Betting Act, the Fantasy Contests Consumer Protection Act, and amend certain provisions of the Michigan Gaming Control and Revenue Act.
The Lawful Internet Gaming Act formally regulates the manner in which licensed, Michigan-based casinos may provide online gaming services to users that involve bets or wagers of real money. Similarly, the Lawful Sports Betting Act and the Fantasy Contests Consumer Protection Act legalize and regulate online sports betting and the creation and wagering of fantasy sports teams using the internet.
Under each of these Acts, including the amendments to the Michigan Gaming Control and Revenue Act, a portion of the revenue generated from these types of online games will be deposited into the State School Aid Fund for the benefit of Michigan’s school districts. The Michigan Department of Treasury estimates enactment of these Acts will bring an additional $4.8 million to the State School Aid Fund