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Michigan launches online sports betting Friday: What to know
Read full article: Michigan launches online sports betting Friday: What to know(AP Photo/John Locher, File)LANSING, Mich. – Online sports betting and casino games will start in Michigan at noon Friday, an expansion of options for gamblers who now wager through offshore sites. State regulators have authorized licenses for all three Detroit casinos and seven of the dozen tribes with “Class III” casinos. Greenblatt said the state's 8.4% online sports betting tax is “very sensible,” allowing licensed operators to compete with offshore sites. “You've got a group of players who have long been betting offshore. Casinos offering online games like blackjack will pay a tax of between 20% and 28%, depending on their amount of adjusted gross receipts.
Detroit Tigers announce partnership with sportsbook operator
Read full article: Detroit Tigers announce partnership with sportsbook operatorDETROIT The Detroit Tigers became the first Major League Baseball team to reach a deal with a sports gambling company, announcing a multiyear partnership Thursday with PointsBet. Detroit said the agreement will enhance fan engagement and game-day excitement by providing access to unique experiences, content, promotions and more, in and around Comerica Park.PointsBet operates in rare space within the industry by owning our technology environment from end to end, which allows us to be extremely nimble on product innovation and personalized offerings to complement our apps market-leading speed," PointsBet USA chief executive officer Johnny Aitken said in a statement. As part of the deal, PointsBet will have branding at Comerica Park and will be featured on the Detroit Tigers Radio Network. Related: Michigan Gaming Control Board now accepting online gaming operator, vendor forms