Your Source For Michigan Gaming News

Since 1997, the Michigan Gaming website has been a comprehensive resource regarding gaming in the state of Michigan. This site is an RMC Ventures, LLC publication, with contributions by the original creators of the site, Attorney David Waddell and Gaming Analyst Robert Russell, and additional contributions by Attorney J.J. Burchman.

Mr. Waddell and Mr. Russell are also associated with Regulatory Management Counselors, P.C., which proactively assists clients in managing regulatory issues in an effort to maximize company profits and avoid legal problems.

Yesterday, May 11, 2017, Michigan State Rep. Dan Lauwers  (R-Brockway Township ) introduced House Bill No. 4611 (“HB 4611”) that seeks to amend Michigan’s Horse Racing Law of 1995 to allow for advance deposit wagering (“ADW”) on both in-state horse races as well as out-of-state simulcasted horse races.

The legislation seeks to add several key sections to the current law to allow the Racing Commissioner to license, as well as set the terms and conditions for, “third party facilitators” to facilitate wagering on live and simulcast racing. Per the proposed legislation, a third party facilitator license would require a contract with a horse track within the state.

During its March meeting, the Michigan Horse Racing Advisory Commission heard a presentation by ADW provider TVG regarding its interest in providing its wagering services in the state. TVG offers web-based, phone, and mobile device ADW services as well as video streaming of horse races on its website. During the meeting, it was noted that more than 90% of the wagers made at Michigan’s horse tracks were on simulcast races.

HB 4611 has been referred to the House Committee on Agriculture and will be considered by the committee next Wednesday.

 

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