Michigan is now officially joining the club of US states which have legalized sports gambling. On Friday, Gov. Gretchen Whitmer signed the sports gambling legalization bill which also includes regulating online gambling in the state at its licensed gambling facilities.
A Gov spokeswoman Tiffany Brown said, “Gov. Whitmer is optimistic that implementation will be efficient.”
Sports Betting And Online Gambling To Chip In Revenue
Sports betting and online gambling operations are expected to help the state with additional tax revenue.
The state’s Department of Treasury says that it expects the legalization of sports betting and online gambling would bring in $19 million in additional revenue.
It said that with the new development, there will be additional funds to support the state’s School Aid Fund and education programs. With the new laws in place, the state would generate an additional $4.8 million for the School Aid Fund, and education programs. Also, the First Responder Presumed Coverage Fund will benefit from an additional $4 million.
“My top priority in signing this legislation was protecting and investing in the School Aid Fund because our students deserve leaders who put their education first,” Whitmer said.
The governor added that the bill “will put more dollars in Michigan classrooms and increase funding for firefighters battling cancer. This is a real bipartisan win for our state.”
Rep. Brandt Iden, who had proposed bills in the first place said:”We’ll have a safe, regulated environment for the thousands of Michigan residents who for years have been forced to travel to other states or play on risky offshore sites.”