There are currently six countries that have legalized online poker, a market that has boomed in the wake of the COVID -19 pandemic which has caused the demand for live poker to drop. But only four states, Nevada, Delaware, New Jersey and Pennsylvania, have the infrastructure up and running for consumers.
That could change in 2021 when the Michigan Gaming Control Board began accepting applications for online gaming licenses last week.
In a press release announcing a step forward, Richard Kalm, executive director of MGCB, said that all forms of internet gambling, including poker, could be operational in less than 12 months when regulators finalize legislation surrounding the new industry visit PersiaQQ
“We are continuing to make progress in setting the rules for internet gaming and online sports betting,” said Kalm. “While we hope to launch these betting forms as early as 2021, we hope it can happen sooner.”
Obtaining a license will cost the operator a $ 50,000 application fee, an initial license fee of $ 100,000 and an annual renewal fee of $ 50,000. Only three commercial casinos in Detroit or 23 tribal casinos statewide are allowed to apply for a license.
Those operators will be allowed to own two separate brands for their online gaming endeavors, meaning that partnerships can be formed between major online poker operators, such as 888 or PokerStars, and rock-and-mortar casinos to operate their online poker rooms.
West Virginia is the only state that has legalized online poker, but has not yet launched a product. Earlier this month, the West Virginia Lottery Commission approved a series of emergency regulations that could allow The Mountain State to launch online poker in the summer.
West Virginia Governor Jim Justice signed the online gambling bill into law 14 months ago, while Michigan Governor Gretchen Whitmer signed the same law into law last December.
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